Indianapolis-based Front Porch Real Estate has been acquired by F.C. Tucker Co. Front Porch, which started in 2014, has 190 agents working out of five offices with annual sales in excess of $348 million. Terms of the deal were not disclosed.
The move by F.C. Tucker is happening two months after it was acquired by with Pittsburgh-based Howard Hanna Real Estate Services. Front Porch was started by former Tucker real estate agent Jim Perry.
“When I created Front Porch Real Estate, I wanted to provide the highest level of support possible to my agents to assist them in delivering superior service to their own clients,” said Jim Perry, owner of Front Porch Real Estate. “When I decided to step back from ownership, F.C. Tucker was the clear choice. There’s no other brokerage I would entrust my business to.”
Perry will become part of the Tucker management team. The company says Font Porch’s offices will remain open during a transition period. The Front Porch brand will transition to F.C. Tucker.