Mill Race Realty
Mill Race Realty is a family-owned, single-office residential real estate brokerage in Levittown, Pennsylvania, representing buyers and sellers of single-family homes and townhomes across Bucks County, Montgomery County, and Philadelphia via a commission-based, sales-led model.
- Company typePrivate
- Founded1989
- HeadquartersLevittown, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Mill Race Realty does
Mill Race Realty is a family-owned, single-office residential real estate brokerage headquartered at 239 Roberts Avenue in Levittown, Pennsylvania. The firm represents individual buyers and sellers in purchases and sales of single-family homes and townhomes, serving the Lower Bucks County, Montgomery County, and Philadelphia metropolitan markets. The company has operated under continuous family ownership for 38 years and positions itself as a personal-attention boutique alternative to large corporate brokerages.
The company's core offering is traditional buyer and seller representation, with no distinct proprietary software products. Its underlying technology is a standard real estate stack: a WordPress-based website running the AgentPress Pro theme with an IDX (Internet Data Exchange) listing module, integrated with Bright MLS for property listing distribution. Marketing is conducted through organic social channels (Facebook, Twitter), an email newsletter for new listings, and MLS listing syndication. The company is a member of an international real estate network that provides global resources alongside its local expertise.
Mill Race Realty generates revenue entirely through real estate commissions earned on completed residential transactions, with rates negotiated per transaction. The go-to-market model is sales-led, relying on direct client relationships built and maintained by a team of real estate professionals led by broker/owner Bob Manzo, a 30-plus-year industry veteran with a University of Notre Dame background and prior commercial banking experience. No commission rates, transaction volumes, revenue, headcount, or financial metrics are publicly disclosed.
Mill Race Realty firmographics
Firmographics- Name
- Mill Race Realty
- Legal name
- Mill Race Realty
- Website
- https://millracerealtyhomes.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mill Race Realty is a family-owned, single-office residential real estate brokerage in Levittown, Pennsylvania, representing buyers and sellers of single-family homes and townhomes across Bucks County, Montgomery County, and Philadelphia via a commission-based, sales-led model.
- Ownership category
- akta.pro rank
Mill Race Realty industry classification
Industry- Product category
- Residential Real Estate Brokerage
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro industry
- Residential Real Estate Brokerage (Buy/Sell)Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Real Estate Advisory & Brokerage
Keywords
Where Mill Race Realty is headquartered
LocationHeadquarters
- HQ city
- Levittown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mill Race Realty business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Real Estate Commission: Traditional real estate brokerage earning commission on residential property transactions. The company represents buyers and sellers in single family homes and townhomes in Pennsylvania, earning a percentage of each completed transaction.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Commission-based real estate services |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Mill Race Realty product offering
Product offeringCore offering
Mill Race Realty is a traditional residential real estate brokerage that represents buyers and sellers in the purchase and sale of single family homes and townhomes in Pennsylvania. Services are delivered by a team of real estate professionals operating from a Levittown office, with property listings distributed through the Bright MLS Internet Data Exchange for visibility to buyers in Bucks and Montgomery counties and the Philadelphia area.
Product overview
Mill Race Realty is a traditional real estate brokerage firm. The company provides residential real estate services focused on single family homes and townhomes in Pennsylvania. Their service offering consists of buying and selling representation for clients, property listings across multiple markets (Levittown, Bristol, Philadelphia, and Bensalem), and property search functionality powered by third-party MLS/IDX systems. The company has no distinct software products, platforms, or technology offerings separate from their brokerage services.
Differentiator
Problem solved
Functional benefit
Products and services
- Buyer Representation Services
- Seller Representation Services Professional representation of individual homeowners in the sale of single family homes and townhomes in Pennsylvania, including listing distribution through the Bright MLS Internet Data Exchange for maximum visibility to qualified buyers.
- Residential Property Listings (Levittown, Bristol, Bensalem, Philadelphia) Aggregated property listings for single family homes and townhomes in the Levittown, Bristol, Bensalem, and Philadelphia markets, distributed through Bright MLS/IDX and surfaced on the Mill Race Realty website for prospective buyers.
Companies that use Mill Race Realty
Customer profileSegments1 record
Ideal customer profiles1 record
Mill Race Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mill Race Realty partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Bright MLScoreMill Race Realty participates in Bright Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. This partnership allows the company to display property listings and provides access to comprehensive listing data for buyers and sellers in the Pennsylvania market.
Scale indicators2 records
Recent moves1 record
Expansion highlights2 records
Mill Race Realty competitors and assessment
Company assessmentDirect peers
- Berkshire Hathaway HomeServices: National residential brokerage franchise with Pennsylvania footholds. Competes for the same single family home buyers and sellers Mill Race serves in Bucks and Montgomery counties.
- Coldwell Banker: National residential real estate brokerage franchise with a heavy agent network. Mill Race Realty competes with Coldwell Banker affiliates for the same residential buyer/seller clients in the Pennsylvania market.
- Sotheby's International Realty: International luxury-leaning residential brokerage network. Comparable as a global-network-affiliated firm offering buyer/seller representation in residential markets.
- Century 21 Real Estate: Global residential real estate franchise with established Pennsylvania operations. Operates on the same commission-based buyer/seller representation model for single family homes.
- RE/MAX: Globally recognized residential real estate franchise with strong Pennsylvania presence. Both firms operate on commission-based models representing buyers and sellers of single family homes.
- Better Homes and Gardens Real Estate: National residential real estate franchise. Mill Race's international network membership positions it similarly as a globally-branded, locally-operated brokerage serving residential clients.
- Keller Williams Realty: Largest real estate franchise by agent count in the US with significant Philadelphia-area market share. Directly competes for the same residential buyer/seller relationships in Bucks and Montgomery counties.
Emerging players
- Redfin: Tech-enabled residential brokerage and portal operating in the Philadelphia metro. A different model but a meaningful competitive force reshaping buyer/seller expectations in Mill Race's service area.
- eXp Realty: Cloud-based residential brokerage with a virtual operating model and significant Pennsylvania agent presence. Competes for agent talent and buyer/seller relationships through a tech-forward, low-overhead model.
- Compass: Tech-enabled residential brokerage with growing Philadelphia-area operations. Represents an emerging competitive threat with proprietary technology and aggressive agent recruitment.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Mill Race Realty social profiles
Digital presenceMill Race Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mill Race Realty leadership team
Management profileNumber of profiles
Profiles1 record
Mill Race Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mill Race Realty M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mill Race Realty
What does Mill Race Realty do?
Mill Race Realty is a traditional residential real estate brokerage that represents buyers and sellers in the purchase and sale of single family homes and townhomes in Pennsylvania. Services are delivered by a team of real estate professionals operating from a Levittown office, with property listings distributed through the Bright MLS Internet Data Exchange for visibility to buyers in Bucks and Montgomery counties and the Philadelphia area.
Is Mill Race Realty a public or private company?
Mill Race Realty is a private company. It is classified as family owned and is currently operating.
When was Mill Race Realty founded?
Mill Race Realty was founded in 1989. It employs 1 to 10 people.
Where is Mill Race Realty based?
Mill Race Realty is headquartered in Levittown, United States, in the North America region.
How does Mill Race Realty make money?
One revenue line is on record: real Estate Commission.
Who are Mill Race Realty's main competitors?
Direct peers on record are Berkshire Hathaway HomeServices, Coldwell Banker, Sotheby's International Realty, Century 21 Real Estate, RE/MAX, Better Homes and Gardens Real Estate and Keller Williams Realty. Emerging players are Redfin, eXp Realty and Compass.
Does Mill Race Realty have an API?
No public API is recorded for Mill Race Realty.
What industry is Mill Race Realty in?
Mill Race Realty's product category is Residential Real Estate Brokerage. Its primary akta.pro industry code is FSAEAJAA, Residential Real Estate Brokerage (Buy/Sell). Its SIC code is 6531.