Crye-Leike Acquires its Tupelo Franchise

Memphis, Tenn. –  Crye-Leike, the largest real estate company in Tennessee and the Mid-South, announces the conversion of its Tupelo, Miss. franchise, Crye*Leike Judd Hambrick Properties, to become a company-owned office. The acquisition was prompted by the emerging growth in Lee County and surrounding areas, reports Harold E. Crye, chief executive officer of Crye-Leike.

The Tupelo office, located at 2000 North Gloster, joins the Crye-Leike network as one of 48 Crye-Leike branch offices and eight franchise offices located in 25 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Mississippi, Kentucky and Georgia.

Branch Manager Named.    Affiliate broker Norma Cother, a multi-million dollar producer, has been named managing broker and branch manager of Crye-Leike’s new Tupelo office. She will be responsible for the recruitment and management of sales associates who specialize in residential and commercial real estate sales, serving Tupelo, Miss. as well as Lee and Pontotoc counties.

Cother brings to Crye-Leike over 25 years of real estate experience and holds the accredited buyer representative (ABR), certified residential specialist (CRS) and graduate, Realtors Institute (GRI) designations. She was past president of the Northeast Mississippi Board of Realtors and was awarded Realtor of the Year. Prior to joining Crye-Leike, Cother was affiliated with Coldwell Banker Tommy Morgan in Tupelo for the past 21 years as a sales associate.

Crye-Leike’s Tupelo franchise was established in June 2000. Twelve sales associates formerly affiliated with Crye*Leike Judd Hambrick transferred their real estate licenses to Crye-Leike of Tupelo Inc.

“Plans to expand the existing facility will allow Crye-Leike to double its sales force in this area,” said Cother.

 

Plans include renovating and expanding the existing office space to 4,500 square feet. Projected completion date is mid-January 2002. The office is being leased from Judd Hambrick Properties.

Cother noted that the office will have a fully automated and staffed appointment center, a signature feature in all Crye-Leike offices. The appointment center will be open 13 hours a day, seven days a week, from 7 a.m. to 8 p.m.

“With the appointment center open longer hours, our sellers are assured more showings,” said Cother. “Additionally, we will make it easy for any real estate agent in the area who wants to show a Crye-Leike property to be able to do so by making one simple phone call to our appointment center and the showing is coordinated from there.”

“Crye-Leike is committed to providing unsurpassed customer service,” said Crye. “We intend to expand our range of home buying and selling services we currently offer in Tupelo and surrounding counties. We also plan to equip our agents with leading edge technology and marketing tools to better serve our clients. Our plan is to make our Tupelo office the most sophisticated high tech real estate space in the area. ”

Crye-Leike (www.crye-leike.com), a full service real estate company, is the nation’s 13th largest real estate company with a network of over 2,200 sales associates. Crye-Leike attained sales of $2.9 billion and 20,406 closed transaction sides corporate wide in 2000. Crye-Leike celebrates its 25-year anniversary in 2002.

Tupelo, a regional hub for Northeast Mississippi and western Alabama, is best known for its flagship hospital, North Mississippi Medical Center, the largest hospital in Mississippi and the largest non-metropolitan hospital in America. NMHS is the third largest rural hospital system in the nation.

Tupelo, Lee County’s population exceeds 77,000.