Prudential Fox & Roach Realtors acquired Academy Real Estate on Ninth Street and West Avenue earlier this year, and as of last night, two of most dominant real estate companies in Ocean City have come together.
It is my pleasure to announce the acquisition of Ocean City Realty by Prudential Fox & Roach. This brings together two of the top four agencies on the island, adding to Prudential's rental base, extremely expanding sign presence, and bringing into the Prudential family many more highly successful agents.
This merger occurred late yesterday and is effective immediately. Prudential signs will be going up onto OC Realty's 34th Street building later this afternoon.
The addition of the Ocean City Realty office adds to Prudential's already leading market share. This now creates one agency that has either sold or participated in the sale of 52 percent of the Ocean City sale transactions thus far for the year.