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Business Observer Wednesday, Nov. 3, 2021 2 months ago

Real estate agency expands reach with acquisition of Venice brokerage

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Gulf Shores Realty will be part of Tampa-based Tomlin St Cyr Real Estate Services; the combined entity will have 89 agents.

TAMPA — Tomlin St Cyr Real Estate Services, headquartered in Tampa, has acquired Venice-based Gulf Shores Realty.

According to a news release, the combined entity will boast 89 agents and, thanks to $376 million in sales and 783 transactions over the past year, will be positioned in the top 1% of all brokerages in west-central Florida. John Tomlin will serve as CEO, with his wife, Holly Tomlin, as principal, and his daughter, Ali St Cyr, as broker and co-owner.

Courtesy. Ali St Cyr is a broker and co-owner at Tomlin St Cyr Real Estate Services in Tampa.

Gulf Shores Realty, the release states, will continue to operate under its current brand name, with Wayne Welsh at the helm as managing broker. Company headquarters will be in Tampa. Other terms of the deal, including acquisition cost, were not disclosed in the release.

“We are excited that Gulf Shores Realty is joining Tomlin St Cyr Real Estate Services,” Ali St Cyr, a Business Observer 40 Under 40 honoree, states in the release. “We were fortunate to find another brokerage that shares our agent-centric culture, values and stellar reputation. We look forward to supporting the continued growth of Gulf Shores Realty and its agents as they serve the Sarasota County community.”

Founded in 2015, Tomlin St Cyr Real Estate Services was recently ranked one of the fastest-growing real estate firms in the Tampa Bay area.

“The plethora of resources that Tomlin St Cyr Real Estate Services brings to the table will greatly enhance our agents’ ability to compete in an ever-changing market,” Welsh states. “Combining these two organizations into a single powerhouse focused on unsurpassed customer service is a collective win for our respective communities.”

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