The Metropolitan Group
The Metropolitan Group (TMG) is a privately held boutique real estate brokerage and affiliated licensed general contractor (TMG Development) serving residential and commercial clients across Cedar Rapids, Iowa City, and Dubuque in the Iowa Corridor.
- Company typePrivate
- Founded-
- HeadquartersCedar Rapids, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What The Metropolitan Group does
The Metropolitan Group (TMG) is a privately held, boutique real estate brokerage founded and led by Broker/Owner Jessica Montgomery Bollman, headquartered at 450 1st Street SW, Suite 102, Cedar Rapids, Iowa. The firm serves residential and commercial clients across a three-market Corridor — Cedar Rapids, Iowa City, and Dubuque — and maintains broker licensing in Iowa, California, and Minnesota to support relocating clientele. Its core offering is full-service brokerage: consultation, listing search, offer preparation and negotiation, inspections, financing support, and closing attendance, delivered by a small named team of agents (Jan Hullaby, Tina Plough, Libbie) plus an executive assistant/concierge (Maddie Martin).
Commercially, TMG operates a sales-led GTM that combines a transactional website (450met.com), a self-serve IDX listings portal (homes.450met.com), and brand presence on Facebook and Instagram, with lead capture routed to licensed agents. Revenue is generated on a per-transaction commission basis across both residential and commercial deals, with pricing structured around closed transactions rather than published fee schedules. A second line, TMG Development, operates as a licensed Iowa general contractor providing custom home construction, residential renovations/additions, and commercial development and remodeling services, allowing TMG to capture construction margin alongside brokerage commissions on integrated deals.
Underlying technology is a conventional brokerage platform: an IDX listings search and a marketing/blog content site, with no disclosed proprietary technology, no public APIs, no SDKs or webhooks, and no AI/ML components. The company is privately owned, with TMG Development co-owned alongside Jeremy Price (Owner of Price Companies / Price Electric), and reports no institutional funding, no acquisitions, no public market presence, and no third-party certifications or awards in the source material.
The Metropolitan Group firmographics
Firmographics- Name
- The Metropolitan Group
- Legal name
- The Metropolitan Group
- Website
- https://450met.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Metropolitan Group (TMG) is a privately held boutique real estate brokerage and affiliated licensed general contractor (TMG Development) serving residential and commercial clients across Cedar Rapids, Iowa City, and Dubuque in the Iowa Corridor.
- Ownership category
- akta.pro rank
The Metropolitan Group industry classification
Industry- Product category
- Real Estate Brokerage
- NAICS
- New Housing For-Sale Builders (236117), Land Subdivision (237210)
- SIC
- Real Estate Agents & Managers (For Others) (6531), General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where The Metropolitan Group is headquartered
LocationHeadquarters
- HQ city
- Cedar Rapids
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
The Metropolitan Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Brokerage Commissions: TMG earns commissions on residential and commercial real estate transactions. Agents provide full-service brokerage including consultation, listing search, offer preparation, negotiation, inspections, financing support, and closing attendance.
- Development Services: TMG Development provides custom home construction, renovations, and commercial development services as a licensed developer and general contractor in Iowa.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Full-service real estate brokerage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
The Metropolitan Group product offering
Product offeringCore offering
The Metropolitan Group is a boutique real estate brokerage providing full-service residential and commercial property buying and selling across the Cedar Rapids, Iowa City, and Dubuque Corridor. Its related division, TMG Development, operates as a licensed developer and general contractor offering custom home construction, residential renovations and additions, and commercial development and contracting services in Iowa.
Product overview
The Metropolitan Group operates as a boutique real estate brokerage firm offering two distinct service lines: (1) The Metropolitan Group (TMG) - a real estate brokerage providing residential and commercial buying and selling services in Cedar Rapids, Iowa City, and Dubuque; and (2) TMG Development - a licensed developer and general contractor offering custom home construction, residential renovations/upgrades, and commercial development/contracting services. The two divisions work in coordination, with the development arm repurposing older buildings and the brokerage arm handling property transactions. The company also operates under a concierge model emphasizing personalized service.
Differentiator
Problem solved
Functional benefit
Brands
- TMG Development: Residential and commercial development division offering custom home construction, renovations, and general contracting services in Iowa.
Products and services
- The Metropolitan Group - Real Estate Brokerage
Companies that use The Metropolitan Group
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
The Metropolitan Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Metropolitan Group partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights4 records
The Metropolitan Group competitors and assessment
Company assessmentDirect peers
- Skogman Realty: Long-established Iowa-based residential and commercial real estate brokerage serving the Cedar Rapids and Iowa City Corridor. Directly comparable regional boutique competitor with overlapping markets and a similar full-service brokerage model.
- Lepic-Kroeger Realtors: Iowa-based independent real estate brokerage with deep local roots in the Corridor. Comparable as a boutique, locally owned brokerage serving the same buyer/seller segments in overlapping Iowa cities.
Others
- Price Electric (Price Companies): Iowa-based electrical contractor and existing TMG Development co-owner partner. Adjacent rather than directly competitive; illustrates the trade-partner model TMG uses to deliver construction services and is a relevant ecosystem participant.
Broad incumbents
- Compass: Tech-forward national brokerage with significant agent-recruiting war chest. Not strongly present in Iowa today but represents the broader competitive threat to boutique brokerages via proprietary technology and platform investment.
- EXIT Realty: Franchised real estate brokerage with multiple Iowa affiliates serving Corridor-area buyers and sellers. Comparable competitor at the franchise level with similar residential brokerage service offerings.
- Coldwell Banker: National real estate brokerage franchise with major presence in Iowa. Competes with TMG for both residential and commercial listings, but operates at vastly greater scale with a franchised rather than boutique model.
- Keller Williams Realty: Largest real estate franchise by agent count in the U.S., with Iowa market centers serving Cedar Rapids and Iowa City. Comparable as a full-service residential brokerage competitor with vastly greater recruiting and technology budgets.
- Berkshire Hathaway HomeServices: National brokerage network (which now includes the former Iowa Realty brand) operating across Iowa. Competes head-to-head with TMG in residential brokerage in the Corridor but with substantially more agents and brand recognition.
- RE/MAX: One of the largest global real estate franchisors with established Iowa affiliate offices. Competes in the same buyer/seller segments as TMG but operates a high-volume franchised agent network rather than a boutique team.
Regional players
- Hubbell Homes: Iowa-based residential homebuilder serving the Des Moines metro and surrounding areas. Comparable as a regional residential construction/development peer to TMG Development, though operating at larger scale in a different metro.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
The Metropolitan Group social profiles
Digital presenceThe Metropolitan Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Metropolitan Group leadership team
Management profileNumber of profiles
Profiles2 records
The Metropolitan Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Metropolitan Group 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 The Metropolitan Group
What does The Metropolitan Group do?
The Metropolitan Group is a boutique real estate brokerage providing full-service residential and commercial property buying and selling across the Cedar Rapids, Iowa City, and Dubuque Corridor. Its related division, TMG Development, operates as a licensed developer and general contractor offering custom home construction, residential renovations and additions, and commercial development and contracting services in Iowa.
Is The Metropolitan Group a public or private company?
The Metropolitan Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The Metropolitan Group founded?
The Metropolitan Group was founded in -1. It employs 1 to 10 people.
Where is The Metropolitan Group based?
The Metropolitan Group is headquartered in Cedar Rapids, United States, in the North America region.
How does The Metropolitan Group make money?
Two revenue lines are on record. Real Estate Brokerage Commissions are the primary driver. The others are development Services.
Who are The Metropolitan Group's main competitors?
Direct peers on record are Skogman Realty and Lepic-Kroeger Realtors. Price Electric (Price Companies) is listed as an others. Broad incumbents are Compass, EXIT Realty, Coldwell Banker, Keller Williams Realty, Berkshire Hathaway HomeServices and RE/MAX. Hubbell Homes is listed as a regional player.
Does The Metropolitan Group have an API?
No public API is recorded for The Metropolitan Group.
What industry is The Metropolitan Group in?
The Metropolitan Group's product category is Real Estate Brokerage. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 236117 and its SIC code is 6531.