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Business Observer Monday, Jan. 13, 2020 4 months ago

Area real estate brokerage woos new president

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Nancy Nagy was most recently CEO of Berkshire Hathaway HomeServices Chicago.

NAPLES — Real estate executive Nancy Nagy has been named president of Premier Sotheby’s International Realty, responsible for leading all sales operations at the brokerage, which does some $5 billion a year in sales. Nagy was most recently CEO of Berkshire Hathaway HomeServices Chicago, according to a statement.

Nagy succeeds Budge Huskey, who was named CEO of the Naples-based brokerage Jan. 1. Huskey replaced Judy Green, the longtime leader of the brokerage, who remains a shareholder in the company serving in an advisory capacity.

“I am pleased to welcome Nancy to our leadership team,” Huskey says in the release. “She is a highly respected professional whose reputation and values align not only with our brand, but with our vision for the future. I am confident that her appointment positions us for continued growth as a leader in luxury real estate.”

The Berkshire Hathaway HomeServices unit Nagy ran in Chicago was ranked among the top 10 in the franchise’s global network. During her 12-year tenure, she orchestrated significant growth through mergers and acquisitions, and also led affiliated service entities, the release states. She stepped back to an advisory role with the brokerage last July.

Nagy has been ranked on the Swanepoel Power 200 as one of the most powerful women executives in the residential real estate brokerage industry. She’s also served on the board of the National Association of Realtors.

“I am excited to be joining one of the most discerning luxury real estate brands and a talented leadership team with Budge Huskey at the helm,” Nagy says in the statement. “On a personal note, I am thrilled to be relocating to Naples — a place that has been a second home to my family and me for the past 45 years — and to also represent such great markets across the company’s dynamic footprint.”

Premier Sotheby’s International Realty has 40 locations and over 1,100 associates and employees throughout Florida and North Carolina. It did $128.78 million in gross revenue in 2018. The brokerage is a division of The Lutgert Cos., a prominent member of Southwest Florida’s business community since 1964.

 

 

 

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