Rapid Realty

Rapid Realty NYC was a rental-based real estate brokerage in New York City. It was the first rental brokerage in New York to utilize a business franchise model. After many legal battles and fines issued by the state of NY Rapid Realty is no longer in operation and Anthony Lolli has sold the company to get out from under the guise of Rapid Realty. [1][2] As of December 2013, Rapid Realty had 65 offices.[3][4] The company is based in Brooklyn.[5] Anthony Lolli, the company's founder and CEO, started the company in 1998.[4][6]

Rapid Realty NYC
Private
IndustryReal estate
FoundedPark Slope, Brooklyn 2009
FounderAnthony Lolli
Headquarters
New York City
Number of locations
65 (December 2013)
Websiterapidnyc.com

History

The company was founded as a real estate agency in 1998 by Anthony Lolli,[7] when he opened the first Rapid Realty in Park Slope, Brooklyn.[2] The company's first franchise opened in Bay Ridge, Brooklyn in 2009. The company has 65 locations with an office in Boston.[8]

In 2012, Rapid Realty was named one of the city's best firms to work for by real estate newspaper, The Real Deal.[3] The company was recognized with Inc. Magazine's 2012 Inc 5000 award.[9] In 2013, it was awarded Franchisee Satisfaction Award by the Franchise Business Review.[3]

In 2013, it was reported that Rapid Realty would give a pay increase to its brokers that get a tattoo of the company's logo.[10][11][12][13] Also in 2013, Leopard Films began producing a reality television show that focuses on the brokerage.[14]

gollark: Not really.
gollark: They exist but IIRC are very expensive.
gollark: rednet itself seems pretty resilient against being crashed, even if repeaters aren't.
gollark: Some programs still use it for whatever mysterious reason.
gollark: videogame_hacker: rednet no longer uses textutils.unserialise because you can natively send tables.

References
  1. Helaina Hovitz (October 8, 2013). "Real Estate Entrepreneur Is First to Win Golden Bridge Award". Commercial Observer.
  2. Staff (November 29, 2011). "Rags-to-riches rise for Rapid Realty founder". Real Estate Weekly.
  3. Raanan Geberer (December 23, 2013). "Adams names Brooklyn real estate exec as adviser". Brooklyn Daily Eagle. Retrieved April 26, 2014.
  4. Melisa Stumpf (February 6, 2013). "Talk about rapid". Home Reporter.
  5. Hayley Kaplan (June 1, 2013). ""Hybrid" home-seekers on the hunt". The Real Deal.
  6. Jennifer Gould Keil (October 10, 2013). "$100M penthouse rising near United Nations". New York Post.
  7. Nicole Fallon (November 19, 2013). "Golden Bridge Awards' 2013 Entrepreneur of the Year Shares Secrets to Success". Business News Daily. Retrieved April 26, 2014.
  8. "Rapid Realty's Anthony Lolli named adviser to Brooklyn borough president". inman news. December 23, 2013. Retrieved April 26, 2014.
  9. Julia Lewis (June 10, 2013). "Rapid Realty experiences huge growth in 2013". Brooklyn Daily. Retrieved April 26, 2014.
  10. Staff (April 13, 2013). "NYC Realtor Offers Employees Pay Raise For Getting Tattoo Of Company Logo". CBS New York.
  11. Lucy Cohen Blatter (May 1, 2013). "37 Rapid Realty agents get tattoos with firm logo". The Real Deal.
  12. Susanna Kim (May 1, 2013). "Realty Firm Offers Raises for Company Tattoo". ABC News.
  13. Quan, Kristene (2 May 2013). "Employees Get Tattoo of Company Logo For Pay Raise". Time.
  14. Hayley Kaplan (January 28, 2013). ""Renting" New York: Rapid Realty tries its hand at reality television". The Real Deal.
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