Aug. 2. Allen Tate Realtors, in partnership with Howard Hanna Real Estate Services, has acquired Beverly-Hanks Realtors, the leading independent real estate brokerage in Asheville.

Allen Tate will now operate a total of 70 local real estate offices spanning the Charlotte, Triad, Research Triangle, High Country, Highlands/Cashiers and Asheville/Mountain regions of North Carolina and the Upstate of South Carolina.

Background

Beverly-Hanks was founded in 1976 with the merger of Beverly Realty and W. Neal Hanks & Associates, two of the area’s most prominent real estate firms. With closed sales in excess of $2.6 billion in 2021, Beverly-Hanks ranks among the top 200 real estate firms in the nation, according to REAL Trends 2021.

Beverly-Hanks has more than 460 Realtors and 18 residential real estate offices, as well as a commercial division, NAI Beverly-Hanks.

“For more than three decades, I’ve had the privilege to collaborate with leaders from Allen Tate and have immense respect for the independent real estate organization that they have built,” said Neal Hanks, president of Beverly-Hanks Realtors.

He will continue in his role as president of Allen Tate/Beverly-Hanks Realtors. Amy Hanks will continue as president of Allen Tate/Beverly-Hanks Mortgage Services, and the Beverly-Hanks leadership team will remain in place.