Crye-Leike Enters Jackson Mississippi Market

MEMPHIS, TN.- Crye-Leike, Realtors, the south’s largest real estate company and the 6th largest in the nation, is expanding regional operations into the Jackson, Mississippi area making it Crye-Leike’s seventh regional office joining Memphis, Nashville, Chattanooga, Johnson City, Little Rock and Atlanta.


“We view the Jackson and Madison County market as a terrific opportunity,” said Crye-Leike, Realtors’ Chief Operating Officer Harold Crye.  “Our strategic plan and goal is to be the market leader in Jackson within the next three years by establishing five or six offices in the metro area and recruiting over 300 associates.”


Crye-Leike’s first Jackson area branch office is expected to open by the end of May at 731 S. Pear Orchard in Ridgeland.  This location will function as regional headquarters with up to four office staff and over 60 associates until construction can begin on a new permanent facility later this year.  “Our plans are to construct a 37,000 square foot facility that will accommodate over 70 associates and staff,” commented Crye.  “It will offer the expected Crye-Leike services that set us apart from our competition including our full-service structure, our commitment to developing and utilizing leading edge technologies, our use of innovative marketing strategies, and our commitment to providing our sales associates advanced training and access to unprecedented benefits packages.”


Overseeing the operations in Jackson is regional general manager, Lynette Magee-Praytor.  Praytor, a Crye-Leike managing broker for the past ten years, recently managed both the Southaven and Hernando branch offices.  She has served on the board of the North West Mississippi Association of Realtors (NWMAR) for the past six years, and was previously NWMAR president and Realtor of the Year.  In 2002, Praytor was appointed by the Governor of Mississippi to the Mississippi Real Estate Commission (MREC), and is currently serving on Legislative and Regulator Affairs for the Mississippi Association of Realtors (MAR) and the REALTOR? Political Involvement Committee for the National Association of Realtors (NAR).  Praytor holds the Graduate Realtor Institute (GRI) designation.


“Crye-Leike’s commitment to customer service and cutting edge resources make it a real estate professionals dream workplace,” Praytor said.  “Our associates are living the dream and creating the Crye-Leike success story.  It’s that WOW synergy that makes it easy to go to work every day.”


Crye-Leike currently has branch offices in Hernando, Olive Branch, Southaven and Tupelo, MS, and franchise offices in Columbus, Holly Springs, New Albany, Oxford, and Starkville.  The company opened its first Mississippi office in Southaven in August 1986.


According to the Metro Jackson Chamber of Commerce Web site, Madison County is one of the fastest-growing counties in the state of Mississippi.  The U.S. Census Bureau notes the 2005 Madison County population at 84,286, a 53% increase from 1990’s population of 53,794.  The Chamber Web site goes on to state that the media sale price of a home in Madison County is $279,115.


“We will be focusing our attention to the real estate needs of buyers and sellers in Hinds, Madison and Rankin counties,” commented Praytor.  “These are among the largest counties in Mississippi, and one of the most affordable metropolitan regions in the country.”


Crye-Leike, Realtors offers services in the specialty areas of residential, commercial and investment real estate; relocation; property leasing and management; business brokerage; real estate owned (REO) (bank owned properties); mortgage lending; insurance services; auctions; relocation services; builder resource services; and franchise sales.


The company’s Crye-Leike Marketing Services division offers sales associates an in-house source for graphic design services, custom publications, postcard campaigns, automated mail services, and media placement services with pricing advantages only available to large organizations.  Crye-Leike, Realtors also offers its sales associates advanced training, free of cost, through Crye-Leike College; one of the most competitive commission splits in the country; and access to its AgentCare program which includes health, life, and disability insurance; profit sharing bonuses; and a retirement plan.


Beginning May 22, interested agents and clients can contact the Crye-Leike Ridgeland branch office at 601-957-3998.


Crye-Leike? (, a full service real estate company for 29 years, is the nation’s 6th largest real estate company and the largest in the Mid-South.  It has a network of over 3,000 sales associates and 95 corporate and franchise offices located in 53 counties throughout a seven-state southern region in Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky and Mississippi.  In 2005, the Crye-Leike organization attained sales of $5.6 billion with 34,039 closed transaction sides.


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