Business & Tech

Hudson Gateway Realtors Merge with Manhattan Association

Both HGAR and MANAR have subsidiary Multiple Listing Services and the plan also calls for an eventual merger of the two.

The Hudson Gateway Association of REALTORS® is beginning its outreach to real estate professionals throughout Manhattan now that it has merged with the Manhattan Association of REALTORS®.

The merger became official on Jan. 1 after it was approved by HGAR, MANAR and the National Association of REALTORS®.

The National Association of REALTORS®, “The Voice for Real Estate,” is America’s largest trade association, representing over 1.1 million members, involved in all aspects of the residential and commercial real estate industries. These agents, brokers and property managers belong to more than 1,200 local associations and 54 state and territory associations. Members of these groups are known as “REALTORS®.”

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“What sets REALTORS® apart from any other real estate professionals is their adherence to a strict Code of Ethics and Standards of Practice,” Richard Haggerty, HGAR CEO, said in the announcement. “Not everyone in the real estate industry is a REALTOR® and now we can offer that opportunity to thousands of real estate agents and brokers doing business in Manhattan.”

Haggerty said the merger deal began earlier this year when chief officials of MANAR approached the organization about a possible merger. After discussions with MANAR and with HGAR’s Board of Directors, negotiations were initiated, leading to the merger. Both HGAR and MANAR have subsidiary Multiple Listing Services and the plan of merger also calls for an eventual merger of the two MLS’s.

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The Hudson Gateway Association of REALTORS® is a not-for-profit trade association covering some 10,300 real estate professionals doing business in the lower Hudson Valley and now Manhattan.

It is the second largest REALTOR® Association in New York, and one of the largest in the country. The Hudson Gateway Multiple Listing Service, owned and operated by HGAR, offers some 24,000 properties in the Bronx, Westchester, Putnam, Dutchess, Rockland, Orange, Sullivan and Ulster counties. It is among the top 50 largest MLSs in the country.

For information about joining the Hudson Gateway Association of REALTORS®, please visit www.HGAR.com.

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