@properties Lone Star Christie’s International Real Estate Taps Former Monument Office Leader to Head Fort Worth Expansion

@properties Christie's lone star launches fort worth real estate office

Fast-growing Texas real estate brokerage @properties Lone Star Christie’s International Real Estate is expanding into Fort Worth, bringing on former Monument and Sotheby’s office leader Michael Hoover as regional vice president to run brokerage operations for the new office. This will mark the third office in the Metroplex for the luxury-focused real estate firm owned and operated by Jerry Mooty Jr., the nephew of Jerry Jones, owner and president of the Dallas Cowboys Football Club.

The new office, which is located at 3100 W. 7TH in Fort Worth’s West Seventh Street District, will launch with a team of 20 agents and will serve the west side of I-35, including the burgeoning luxury markets of Southlake, Northlake, Westlake and Lake Granbury. Hoover plans to grow the office to 50 agents within 90 days.

The Fort Worth expansion is the most recent chapter in @properties Lone Star Christie’s International Real Estate’s impressive growth story, which began when the firm launched in Dallas three years ago. Since opening its flagship office, the company has doubled its agent count each year, reaching sales volume of more than $250 million in 2023. It added a Frisco office in late 2022 and expanded to Austin last fall, quickly attracting several of that market’s top producers. Early in 2024, @properties Lone Star Christie’s International Real Estate launched its Sports and Entertainment Division, catering to athletes, entertainers and other high-profile individuals, and, shortly thereafter, unveiled its Development Services Division, offering a full range of development-marketing capabilities. Mooty said Lone Star’s goal is to reach $1 billion in annual sales in 2025.

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Though they jointly form the Metroplex, Fort Worth and Dallas are known for their distinctive business cultures and real estate markets. To ensure the @properties Lone Star Christie’s International Real Estate brand resonates with local agents and clients, Mooty is building the new office around Hoover and his relationships – an approach he also took in Austin, where he partnered with longtime Austin brokerage leader Romeo Manzanilla.

Hoover finds himself in the familiar position of growing an office from the ground up. Under his leadership, Monument’s Fort Worth branch grew from a startup to more than 150 agents and $350 million in sales in just two years. A fixture in the local real estate community for nearly 30 years, Hoover has extensive expertise in new-home sales and development, relocation, farm and ranch sales, and waterfront properties throughout the Fort Worth area, including Tarrant, Hood, Parker, Erath, Palo Pinto and Wise counties.

“Michael is a broker’s broker. He knows what it takes to sell just about any type of property in any market, he knows how to grow a brokerage business; and he knows the tools, training and support that agents need to be successful and specifically to be successful in and around Fort Worth,” said Mooty. “His leadership, along with Christie’s International Real Estate’s unparalleled luxury affiliate network and best-in-class brokerage tech, will raise the bar for real estate in this market.”

“Getting to know Jerry, I was incredibly impressed by @properties Lone Star Christie’s International Real Estate’s emphasis on culture, innovation, and client service, which make it stand out amongst all of the real estate firms in our market. Those elements, along with the industry-leading resources and reputation of Christie’s International Real Estate, made this move an easy choice,” added Hoover. “With the growth of the luxury market in Fort Worth, now is the perfect time to introduce this prestigious brand.”

The office will serve a wide range of property types and price points but is already well-equipped to handle the luxury segment with a team of founding agents that, according to Hoover, has an average transaction price of $800,000.

About @properties Lone Star Christie’s International Real Estate

@properties Lone Star Christie’s International Real Estate pairs strong local ownership with the cutting-edge technology and marketing resources of a leading national brokerage. Its innovative, tech-savvy agents offer unmatched local market knowledge, while its large, national referral network can help with any out-of-market real estate needs. It all adds up to the best service and best overall experience when it comes to buying or selling a home.

Written by @Properties