Christie’s International Real Estate has significantly expanded its footprint in Florida by acquiring First Coast, a leading Northeast Florida brokerage with nearly $1 billion in annual sales volume. This strategic move integrates a high-performing, award-winning firm into Christie’s global luxury network, enhancing its service offerings in a rapidly growing luxury market.
Key Takeaways
- Christie’s International Real Estate has acquired First Coast, a Jacksonville-based brokerage.
- First Coast achieved nearly $1 billion in sales volume in the past year.
- The brokerage was founded by Corey Hasting, a former NFL prospect.
- The acquisition strengthens Christie’s presence in the luxury real estate market of Northeast Florida.
A New Chapter for First Coast
First Coast, founded in 2018 by Corey Hasting, has rapidly become a dominant force in Northeast Florida’s residential market. The firm, which previously operated under the Engel & Völkers brand, brings approximately 130 agents and six offices across the Jacksonville metro area to the Christie’s International Real Estate network. An additional office in St. Augustine is also planned.
From NFL Dreams to Real Estate Success
Corey Hasting’s journey to founding First Coast is a unique one. Initially moving to Jacksonville with aspirations of an NFL career, Hasting turned to real estate to support himself. His success in the industry quickly surpassed his football ambitions. By the age of 27, he had become the youngest licensed partner in Engel & Völkers history. His entrepreneurial spirit and dedication have been instrumental in First Coast’s growth, earning the company accolades such as being named one of Northeast Florida’s Fastest 50 Growing Companies by the Jacksonville Business Journal for four of the last five years, and the #1 fastest-growing company in the region in 2023.
Strategic Expansion in a Growing Market
Gavin Swartzman, president of Christie’s International Real Estate, praised Hasting’s leadership and the team’s commitment to excellence. "Corey’s passion for his work, his entrepreneurial spirit, and the extraordinary team he’s built in just seven years are what truly set First Coast apart," Swartzman stated. "He has not only created a regional powerhouse, but one that reflects our shared commitment to excellence and elevated client service."
Hasting expressed enthusiasm for the partnership, noting the alignment with Jacksonville’s burgeoning luxury segment. "We are incredibly fortunate to partner with Christie’s International Real Estate, the global leader in luxury real estate, at a time when Jacksonville’s luxury segment is growing," Hasting said. "The brand’s prestige, extensive international network and technology offerings position us incredibly well as we look to expand our footprint in Northeast Florida."
Enhanced Offerings and Market Outlook
As part of the Christie’s International Real Estate network, First Coast agents will gain access to proprietary technology, global marketing initiatives, and international referral opportunities. The affiliation also includes exclusive marketing partnerships with Christie’s, the renowned art and luxury business. Despite a general cooling of the broader Jacksonville market post-pandemic, the luxury segment remains robust, with properties ranging from $1 million to over $20 million consistently attracting multiple offers. This growth is partly attributed to the area’s increasing corporate presence and its relative affordability compared to other major Florida coastal markets.
Sources
- $1B Florida Firm And Former NFL Prospect Join Christie’s Real Estate, Inman.
- KW, Compass gain teams; CIRE wins over $1B Florida firm, RealEstateNews.com.
- Christie’s International Real Estate Adds $1B Luxury, GlobeNewswire.
- Christie’s Real Estate Adds $1B Brokerage in Florida, Behind The Hedges.