June 30, 2008

 

By Arkansas Business Staff

 

www.arkansasbusiness.com

 

Crye-Leike Realtors of Memphis is still expanding its Arkansas operations after building the largest market share among residential realty firms in the state.

 

The company is set to open an office in southwest Little Rock in August and another Springdale location in the fall. Crye-Leike also is about to break ground on a Bella Vista branch expected to open during the first quarter of 2009.

 

Next year should see the opening of new offices in Bentonville and Siloam Springs on sites the company already has secured.

 

But wait. There's more.

 

"We have some other thoughts for locations," said Harold Crye, the firm's namesake chief executive officer.

 

Did you know that Crye-Leike also bought two northwest Arkansas residential companies while adding its own network of offices?

 

Those firms would be GlobaLink Realtors of Fayetteville (22 agents) and Jerri Jenkins & Associates of Springdale (12 agents).

 

Crye-Leike has 641 licensed agents and brokers in Arkansas, who amassed a combined sales and listing volume of $837 million during 2007. That figure is more than twice that of its nearest competitor, Lindsey & Associates of Fayetteville.