Houston Business Journal: Austin residential company to expand to Houston, hire hundreds

Recently, the Houston Business Journal spoke with Watters International Realty CEO Chris Watters to learn about the real estate brand's planned expansion into the Houston real estate market. In the article, Watters detailed the brand's 2017 success and his lofty goals for Houston in the coming years. He expects 28 team owners will cover Houston's submarkets. Those team owners are expected to hire 700 agents with a support staff of 336 that will complete 28,000 transactions for an estimated $7 billion in total sales.

Watters went on to talk about the brand's differentiators stating "At Watters International, real estate agents work with clients one-on-one while a back office team that includes an inside sales department, marketing team and transaction coordinators works behind the scenes to generate leads and handle additional tasks." He outlined the company's "flexible commission menu" and noted that under the Watters International model an average listing agent will sell anywhere between 30 and 40 times more homes annually than an average realtor.