What Ferris Property Group does

Ferris Property Group (FPG) is a private, founder-owned residential real estate brokerage headquartered in Indianapolis, Indiana. Founded in 2008 by Todd Ferris, a former high school teacher, the firm operates a 100% virtual agent model supported by transaction management, CRM, and virtual meeting tools, with physical office presence across four Indiana markets: Indianapolis (headquarters, 2201 E 46th St., Suite 300), Anderson, Evansville, and Muncie. FPG is organized around branded sub-teams (The Ferris Team, The Brennan Team, Integrealty, The Waggoner Team) and serves residential home buyers, sellers, new construction buyers, real estate investors, and landlords through agent-led representation. The company reports approximately 60 agents plus administrative, marketing, and operations staff, and self-identifies as ranking in the top 2% of MIBOR offices by production, with agents 28% more productive than the MIBOR average and closing approximately three more transactions per year than competitors.

FPG's core offering is a traditional commission-based brokerage service covering home buying, home selling, new construction representation, investment property transactions, leases, and property management. Revenue is generated through transaction-based commissions on residential real estate deals in Central, Southern, and East Central Indiana. Supporting the core service are proprietary tools and content assets, including the Indy Home Hunt property search portal, Home Buying and Home Selling Guide PDFs, on-demand career webinars ("Is FPG For Me?" and "Career Chat"), The Boom Real Estate Podcast (co-hosted by Todd Ferris, Megan Ferris, and Terry Waggoner), and the Home Team Partners curated vendor network (mortgage lenders, home warranty providers, HVAC/plumbing, foundation repair, inspectors, insurance, and cleaning services). Go-to-market is sales-led and direct, with agents generating business through personal networks, company-provided lead-generation systems, social media presence (Facebook, Instagram, YouTube, LinkedIn), and content marketing.

The leadership team is founder-controlled and family-anchored: Todd Ferris (Owner/Managing Partner, founder), Megan Ferris (Co-Owner/Managing Partner, joined 2013, co-owner from 2019), Terry Waggoner (Managing Partner), Anna Brennan (Managing Broker and Director of Sales), Kate Sowles (Director of Marketing), Holly Stauffer (Director of Operations), and April Roe (Director of Finance & Administration). Ownership is concentrated among the founders with no institutional or private equity backing identified. The company has received recurring regional recognition including IBJ's Top 25 largest Indianapolis residential agencies (2024) and multiple Indy Real Producers features (2017-2026).

Name

Ferris Property Group

Legal name

Ferris Property Group

Website

https://ferrispropertygroup.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Ferris Property Group is a private, founder-owned residential real estate brokerage headquartered in Indianapolis with offices in Anderson, Evansville, and Muncie, serving Indiana home buyers, sellers, investors, and builders via ~60 commission-based agents.

Ownership category

akta.pro rank

Product category

Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

akta.pro secondary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

• Residential real estate brokerage
• Home buying services
• Home selling services
• New construction representation
• Property management services

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure

Revenue model

1. Real Estate Commission Revenue: Traditional real estate brokerage earning commissions on residential property transactions. Agents represent buyers and sellers in home purchases, sales, new construction, investment properties, and leases throughout Central Indiana.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Ferris Property Group is a residential real estate brokerage providing buyer and seller representation for home purchases, sales, new construction, investment properties, and leases throughout Central Indiana. The company deploys approximately 60 licensed agents across four Indiana office locations (Indianapolis, Anderson, Evansville, Muncie), supported by transaction coordinators, marketing staff, and a virtual-first technology stack. Revenue is generated through transaction-based real estate commissions on closed deals.

Product overview

Ferris Property Group (FPG) is a Central Indiana real estate brokerage offering a unified service portfolio centered on residential home buying and selling assistance. The core offering includes home buying services, home selling services, new construction representation, investment property assistance, leases, and property management. The company operates through branded agent teams including The Ferris Team, The Brennan Team, Integrealty, and The Waggoner Team, each serving different geographic areas and specializations. Supporting the core services are educational resources (Home Buying Guide, Home Selling Guide), the Indy Home Hunt property search portal, career-focused webinars, and the Home Team Partners vendor network. FPG also produces the Boom Real Estate Podcast as an educational content initiative.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Buying Services Agent-represented home purchasing assistance including property searches, market guidance, negotiation support, and transaction coordination for buyers throughout Central Indiana.
• Home Selling Services
• New Construction Representation
• Investment Property Services
• Property Management Solutions
• Leasing Services
• Indy Home Hunt Property Search Portal

Quantifiable outcome

• Top 2% of MIBOR offices by production
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered core and supporting.

• Bailey & Wood Financial GroupcoreOthersPreferred mortgage lender partner providing home financing services to FPG clients. Founded in 2007, they offer mortgage lending, refinancing, and home loans throughout Indiana, Ohio, Florida, and Kentucky. Known as Indiana's Hometown Mortgage Lender with focus on family service.
• Achosa Home WarrantysupportingOthersHome warranty provider offering protection plans for mechanical failures due to normal wear and tear including plumbing, electrical, appliances, cooling, and heating systems. Allows clients to choose their own contractors for services.
• C & J Well CompanysupportingOthersWater well service company founded in 1996 serving Central Indiana. Offers well drilling, pump service, pressure tank replacement, water softeners, city water hookups, and well cleanouts. Four locations with over 80 employees.
• Choice Home WarrantysupportingOthersHome warranty provider covering mechanical failures in home systems including plumbing, electrical, appliances, cooling, and heating due to normal wear and tear. Offers custom plans for Indiana homeowners.
• Control Tech Heating, Air & PlumbingsupportingOthersFamily-owned HVAC and plumbing contractor serving Zionsville and Indianapolis since 1983. Specializes in ductless heating and cooling, residential HVAC, and plumbing services.
• CrossCountry MortgagesupportingOthersMortgage lender with the Mike Bentley Team serving Indiana, Ohio, and Florida. Mike Bentley Team offers creative mortgage solutions and flexible options for home financing.
• Hitman SolutionssupportingOthersFoundation repair, waterproofing, and mold remediation specialist serving Central Indiana. Offers free inspections, timely estimates, and flexible payment options including closing costs payments.
• Hometown InsurancesupportingOthersInsurance provider serving Central Indiana for over 100 years. Offers auto, home, business, and life insurance services from their Brownsburg location.
• Indiana ResidentialsupportingOthersInspection repair and remodeling services company handling inspection repairs, roofing, and mold removal. Offers one-call service forwarding inspection reports for estimates within 48 business hours.
• Johnny Lane Team at CCMsupportingOthersTop 10% loan officer in Indiana with nearly 20 years experience. Specializes in high-net worth funding, government lending programs, and residential investment strategies. Has closed over $400 million in loans.
• Mite-E-DuctssupportingOthersFamily-owned air duct cleaning company serving residential and commercial clients from Zionsville, Indiana.

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• F.C. Tucker Company: Indiana's largest independent real estate brokerage, headquartered in Indianapolis with statewide coverage. Directly competes with FPG for agents, listings, and buyer-side business in Central Indiana, with a comparable residential-brokerage model.
• Carpenter Realtors: Long-established Indiana-based residential brokerage competing head-to-head with FPG across Indianapolis-area markets. Same horizontal residential-brokerage model with a similar agent-team structure and commission revenue stream.

Broad incumbents

• Keller Williams Realty: Largest real estate franchise in the U.S. by agent count, with a strong Indiana presence. Competes with FPG for productive agents and listings in Central Indiana but operates a global franchise model rather than a regionally focused brokerage.
• RE/MAX: Globally recognized residential real estate franchise with substantial Indiana agent density. Competes for agents and consumer mind-share in Central Indiana and offers a similar commission-based revenue model.
• Coldwell Banker: National residential real estate brand with established Indiana operations. Comparable to FPG in core residential brokerage services but differentiated by global brand recognition and a broader luxury segment.
• Berkshire Hathaway HomeServices: National residential brokerage franchise affiliated with Berkshire Hathaway. Directly competes with FPG for sellers and agents in Indiana and offers a comparable commission-based brokerage model with brand-backed marketing.

Emerging players

• eXp Realty: Cloud-based, agent-centric brokerage with a virtual operating model closely analogous to FPG's 100% virtual stack. Targets the same productive-agent demographic with aggressive commission splits and is actively recruiting in Indiana.
• Compass: Tech-enabled national residential brokerage combining proprietary technology, agent equity, and a luxury-leaning brand. Recruits top-producing agents in major metros including Indianapolis, putting direct pressure on FPG's premium-agent pool.
• Redfin: Tech-enabled residential brokerage and portal offering a lower-commission alternative to traditional brokerages. Operates in select Indiana markets and pressures industry commission norms, indirectly affecting FPG's pricing power and agent retention.

Regional players

• Howard Hanna Real Estate: Large family-owned residential brokerage dominant in the Midwest and Mid-Atlantic. Comparable in operating philosophy (regional density, agent-team model, full-service brokerage) but primarily competes in Ohio, Pennsylvania, and the Eastern U.S. rather than Indiana.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fpgiydn
• YouTubeyoutube.com/ferrispropertygroup
• Facebookfacebook.com/ferrispropertygroup
• LinkedInlinkedin.com/company/ferris-property-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ferris Property Group