Marc Austin Properties at EXIT First Realty
Marc Austin Properties at EXIT First Realty is a privately held residential real estate brokerage serving the Richmond Metro area with a team of licensed agents, IDX property search, and a buyer matching program, generating commission-based revenue on home sales.
- Company typePrivate
- Founded2006
- HeadquartersGlen Allen, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Marc Austin Properties at EXIT First Realty does
Marc Austin Properties at EXIT First Realty is a privately held residential real estate brokerage founded on June 2, 2006 by Marc Austin Highfill and headquartered at 11207 Nuckols Road in Glen Allen, Virginia. The firm operates under the EXIT Realty franchise and provides residential buying, selling, and listing services to individual consumers and SMB clients across the Richmond Metro area, including Glen Allen, Chesterfield, Henrico, Midlothian, Powhatan, New Kent, Williamsburg, Mechanicsville, and Petersburg. The company runs a team-based sales motion with approximately 20 licensed agents plus dedicated listing, transaction, and closing coordinators, and has been ranked in the top 20 sales teams by the Richmond Association of Realtors every year since 2004 and in the top 5 of EXIT Realty in North America since 2016.
The technology stack centers on a website-based property search platform with IDX integration, supplemented by a free online home valuation tool and a proprietary buyer matching program that pairs sellers with pre-qualified buyers from the team's network, enabling as-is purchases and flexible closing timelines. Lead generation is driven by an extensive blog covering Richmond-area real estate topics, 20+ neighborhood-specific community pages, email listing alerts, and client testimonials. Distribution is direct via licensed agents (phone, email, in-person) with a self-serve website layer for browsing and lead capture.
The revenue model is transaction-based commission on residential property sales, with rates not publicly disclosed. The company is entirely founder-owned and controlled, with no external investors, no funding rounds, no subsidiaries, and no parent company. A core operating partnership with Alcova Mortgage (Eric Craig) provides integrated financing services to buyer clients from pre-qualification through closing, extending the firm's value chain beyond pure brokerage.
Marc Austin Properties at EXIT First Realty firmographics
Firmographics- Name
- Marc Austin Properties at EXIT First Realty
- Legal name
- Marc Austin Properties at EXIT First Realty
- Website
- https://marcshomes.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Marc Austin Properties at EXIT First Realty is a privately held residential real estate brokerage serving the Richmond Metro area with a team of licensed agents, IDX property search, and a buyer matching program, generating commission-based revenue on home sales.
- Ownership category
- akta.pro rank
Marc Austin Properties at EXIT First Realty industry classification
Industry- Product category
- Residential Real Estate Brokerage
- NAICS
- Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)
- akta.pro secondary industries
- Buyer Representation Services (BPAJAAAJ), Real Estate Buyer Representation (FSAEAJAG)
Keywords
Where Marc Austin Properties at EXIT First Realty is headquartered
LocationHeadquarters
- HQ city
- Glen Allen
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Marc Austin Properties at EXIT First 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 commissions on residential property transactions for both buyers and sellers in the Richmond Metro area
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard real estate brokerage services |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Marc Austin Properties at EXIT First Realty product offering
Product offeringCore offering
Marc Austin Properties at EXIT First Realty is a residential real estate brokerage providing buyer and seller representation services across the Richmond, VA metro area. The firm offers property search, home valuations, listing marketing, transaction coordination, and closing coordination through a team of licensed agents. Its signature Buyer Matching Program connects sellers directly with pre-qualified buyers from the team's network to enable as-is sales.
Product overview
Marc Austin Properties at EXIT First Realty is a real estate brokerage offering residential home buying and selling services. The company provides home valuation tools, marketing services for sellers, and buyer representation. Services include property search, home valuations, listing services, transaction coordination, and closing coordination. The company operates as a team of licensed real estate agents serving the Richmond, VA metro area across multiple communities.
Differentiator
Problem solved
Functional benefit
Products and services
- Buyer Representation Services Licensed agent representation for residential home buyers in the Richmond Metro area, including property search guidance, offer negotiation, and transaction management through closing.
- Seller Listing Services End-to-end listing services for residential home sellers in the Richmond Metro area, including pricing strategy, marketing, showings coordination, and negotiation through closing.
- Buyer Matching Program Proprietary program that pairs home sellers with pre-qualified buyers from the team's network, allowing sellers to avoid extensive home preparations and multiple showings and enabling as-is purchases with flexible closing timelines.
- Free Home Valuation Service Online home valuation tool providing custom home valuations, pricing analysis, equity calculator, and access to the team's buyer database, offered free to potential sellers in the Richmond Metro area.
- Transaction Coordination and Closing Services Dedicated transaction coordination through Listing Coordinators, Closing Coordinators, and Transaction Managers who liaise between agents, lenders, attorneys, inspectors, and clients from contract through closing for both buyers and sellers.
Quantifiable outcome
- Homes sold in less than 48 hours after listing
- +1 more outcomes
Companies that use Marc Austin Properties at EXIT First Realty
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Marc Austin Properties at EXIT First Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Marc Austin Properties at EXIT First Realty partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Alcova Mortgage (Eric Craig)coreEric Craig serves as Branch Partner at Alcova Mortgage, providing financing services and mortgage guidance to the team's home buying clients. He offers pre-qualification services and coordinates with the real estate agents to ensure smooth transactions from pre-approval through closing.
- EXIT Realty FranchisecoreThe company operates under the EXIT Realty franchise brand, providing branding, technology platforms, and national recognition. EXIT Realty provides marketing resources, lead generation tools, and a network of real estate professionals across North America.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Marc Austin Properties at EXIT First Realty competitors and assessment
Company assessmentBroad incumbents
- RE/MAX: Global residential brokerage franchise with strong presence in Virginia. Competes for the same agents and consumers in Richmond Metro with a comparable commission-based transaction model.
- Keller Williams Realty: Largest US real estate franchise with significant Richmond Metro agent count and similar team-based production model. Competes directly for agent recruitment and listing inventory across the same submarkets.
- Better Homes and Gardens Real Estate: National residential franchise operating across multiple US markets including Virginia. Comparable franchise-style brokerage serving similar residential buyer/seller segments.
- Coldwell Banker: Established national real estate franchise operating across Virginia including the Richmond market. Competes with Marc Austin Properties for residential listings and buyer representation.
- Berkshire Hathaway HomeServices: National residential brokerage franchise with Virginia operations including Richmond. Directly comparable franchise-style brokerage competing for similar agents and clients in the same metro.
Emerging players
- Redfin: Tech-enabled brokerage operating in Richmond with consumer-direct tools and salaried-plus-bonus agent model. Comparable as a competitive alternative in the same buyer/seller pool, differentiated by technology rather than team scale.
- eXp Realty: Cloud-based brokerage franchise with an aggressive agent attraction model and growing Virginia presence. Competes for productive agents and listings in the Richmond market with a lower-overhead operating model.
- Compass: Tech-enabled national residential brokerage expanding agent count in secondary metros like Richmond. Comparable as a competitive threat offering modern tech stack and agent incentive models that may attract top Richmond producers.
Direct peers
- Joyner Fine Properties: Regional residential brokerage operating in the Richmond Metro area with a comparable team-based production model. Directly comparable local peer competing for the same agents, listings, and clients in Richmond submarkets.
- Long & Foster Real Estate: Large Mid-Atlantic residential brokerage with deep Richmond and Virginia presence and a comparable team-based agent model. Directly comparable as a regional competitor for the same buyer/seller pool in the Richmond Metro area.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Marc Austin Properties at EXIT First Realty social profiles
Digital presenceMarc Austin Properties at EXIT First Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marc Austin Properties at EXIT First Realty leadership team
Management profileNumber of profiles
Profiles11 records
Marc Austin Properties at EXIT First Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marc Austin Properties at EXIT First 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 Marc Austin Properties at EXIT First Realty
What does Marc Austin Properties at EXIT First Realty do?
Marc Austin Properties at EXIT First Realty is a residential real estate brokerage providing buyer and seller representation services across the Richmond, VA metro area. The firm offers property search, home valuations, listing marketing, transaction coordination, and closing coordination through a team of licensed agents. Its signature Buyer Matching Program connects sellers directly with pre-qualified buyers from the team's network to enable as-is sales.
Is Marc Austin Properties at EXIT First Realty a public or private company?
Marc Austin Properties at EXIT First Realty is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Marc Austin Properties at EXIT First Realty founded?
Marc Austin Properties at EXIT First Realty was founded in 2006. It employs 1 to 10 people.
Where is Marc Austin Properties at EXIT First Realty based?
Marc Austin Properties at EXIT First Realty is headquartered in Glen Allen, United States, in the North America region.
How does Marc Austin Properties at EXIT First Realty make money?
One revenue line is on record: real Estate Commission.
Who are Marc Austin Properties at EXIT First Realty's main competitors?
Broad incumbents on record are RE/MAX, Keller Williams Realty, Better Homes and Gardens Real Estate, Coldwell Banker and Berkshire Hathaway HomeServices. Emerging players are Redfin, eXp Realty and Compass. Direct peers are Joyner Fine Properties and Long & Foster Real Estate.
Does Marc Austin Properties at EXIT First Realty have an API?
No public API is recorded for Marc Austin Properties at EXIT First Realty.
What industry is Marc Austin Properties at EXIT First Realty in?
Marc Austin Properties at EXIT First Realty's product category is Residential Real Estate Brokerage. Its primary akta.pro industry code is BPAJAAAA, Traditional Residential Brokerage (Existing Homes), with a secondary code of BPAJAAAJ, Buyer Representation Services. Its NAICS code is 53121 and its SIC code is 6531.