Nancy Almodovar is betting on a new brand to market Houston’s priciest homes.
Her brokerage, Nan & Company Properties, joined Forbes Global Properties — the luxury real estate network affiliated with Forbes magazine, the Houston Business Journal reported. The move makes Nan & Co. the first Houston-based firm to join the platform, which connects member brokerages to more than 600 offices across 28 countries.
The partnership allows Nan & Co. to promote listings priced at $2 million and up across Forbes’ global digital channels, and homes priced at $1 million and up in smaller Texas markets like The Woodlands and Galveston, where the firm is also active.
The switch comes six months after Almodovar exited Christie’s International Real Estate in the wake of its acquisition by Compass. She felt “blindsided” by the deal, she told The Real Deal last December, and expressed markedly greater trepidation toward big-box ownership than other Texas Christie’s affiliates.
“My agents were blindsided, my support team was blindsided, my leadership was blindsided,” she said at the time. “It’s not a good feeling, as a business owner, to have your whole company call you, asking you, ‘did Compass buy us?’”
Founded in 2014, Nan & Co. has grown to four offices across Greater Houston and has become a go-to player in the city’s luxury market. Almodovar herself regularly ranks among the top luxury agents, with more than $41 million in total sales volume last year.
The firm recently closed over $20 million in May alone, according to the outlet, and has marketed some of the metro’s most buzzworthy listings. Recent ones include a River Oaks mansion tied to a decades-old true crime case and West University’s so-called “Darth Vader house,” which sold to Mexican sculptor Enrique Cabrera.
She also recently sold two homes on River Oaks’ Inverness Drive, ranking first and second among the most-expensive listings in the Houston metro last month.
— Judah Duke
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