central md homes

What central md homes does

Central MD Homes, operating under the legal name Bay States Home Group, is a residential real estate brokerage headquartered at 10050 Baltimore National Pike in Ellicott City, Maryland. The firm is led by Nick Bogardus (Team Lead) and Cailean Arrington (Team President), who together cite 15 years of combined real estate experience, and supports a team of roughly eight members serving homebuyers and sellers across 50+ Maryland communities spanning Baltimore, Howard, Anne Arundel, Carroll, Harford, Montgomery, and Prince George's counties.

The brokerage delivers its services through a website-centric platform at centralmdhomes.com, which offers home search, home valuation, market trends, listing alerts, scheduling tools, and a beta AI-powered property search. Listing data flows from Bright MLS participation, with the website/IDX stack built on InsideRE technology, and the rental vertical is enabled via a partnership with Rental Beast. This stack constitutes the core technology footprint of the business — there is no disclosed proprietary engineering, data science, or AI research operation.

Commercially, Central MD Homes operates on a traditional residential real estate commission model, earning a percentage (2.5–3%) of transaction value on each home purchase or sale it represents. Revenue is therefore transactional rather than recurring, with no subscription, SaaS, or principal-investing components visible. Customer acquisition appears to rely on founder/agent personal networks, local brand presence, and MLS-driven listing exposure rather than paid performance marketing at scale.

Name

central md homes

Legal name

Bay States Home Group

Website

https://centralmdhomes.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Central MD Homes (Bay States Home Group) is a Maryland-based residential real estate brokerage led by Nick Bogardus and Cailean Arrington, serving buyers and sellers across 50+ communities in seven counties via a website-driven search platform and commission-based agent representation.

Ownership category

akta.pro rank

Product category

Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (5312)

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), Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

Keywords

• Residential real estate brokerage
• Home buying representation
• Home selling services
• Property listing platform
• Maryland real estate

Headquarters

HQ city

Nottingham

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Buyer Representation Services: Commission-based services for homebuyers, typically earning 2.5-3% of the purchase price
2. Seller Representation Services: Listing and selling services for home sellers, including comparative market analysis, home valuation, and transaction closing support

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Central MD Homes (Bay States Home Group) provides licensed residential real estate agent services to home buyers and sellers across Maryland. Core offerings include buyer and seller representation, comparative market analyses, property search access, market trend reporting, and transaction coordination support, delivered through a website-based property search platform and direct agent engagement.

Product overview

Bay States Home Group operates as a client-centric real estate team offering a unified platform of services centered around residential property transactions. The core offering includes the main Bay States Home Group brand providing buying and selling services, supplemented by Home Search, Home Valuation, Market Trends, Listing Alerts, and Schedule a Showing features. The platform also includes a Classic Search with AI (Beta) module for AI-assisted property discovery. The company serves Maryland residents across multiple exclusive markets including Towson, Owings Mills, Catonsville, Ellicott City, Columbia, and surrounding areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Search Property search functionality that lets users search, compare, and select from homes, condos, land for sale, and other real estate types across Maryland markets including Towson, Owings Mills, Catonsville, Ellicott City, Columbia, and surrounding areas. Targets home buyers and sellers researching the residential market.
• Home Valuation (Comparative Market Analysis)
• Market Trends Reports
• Schedule a Showing
• Listing Alerts
• Buyer Representation Services Commission-based buyer representation covering property search, viewings, offer strategy, negotiation, and closing coordination for homebuyers in Maryland, typically earning 2.5-3% of the purchase price paid at closing. Targeted at individuals and families purchasing residential property in Maryland.
• Seller Representation Services

Quantifiable outcome

• Extensive property search support with agents available 24/7
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature2 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Rental BeastminorGTM or Marketing PartnerIntegration for rental property applications. Bay States Home Group uses Rental Beast as a partner platform to facilitate rental listing applications for their clients, offering one-time application fees valid for 30 days across participating properties.
• Bright MLScoreChannel Partner/ Reseller/ DistributorBright Internet Data Exchange program provides cooperative property listing data exchange. Bay States Home Group participates in this voluntary exchange, appearing as MLS member 382, enabling broad distribution of their listings.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Howard Hanna Real Estate Services: The largest privately held real estate brokerage in the Mid-Atlantic, with deep penetration in Maryland, Pennsylvania, and surrounding states. Operates a similar team-based residential brokerage model serving the same suburban Maryland counties.
• Compass: Tech-forward national residential brokerage with significant Mid-Atlantic presence, including Maryland. Competes directly on agent productivity tools, AI-powered search, and premium client experience — overlapping the firm's buyer/seller representation services.
• Redfin: Technology-led residential brokerage offering home search, agent services, and proprietary digital tools across major U.S. metros including the Baltimore/Washington corridor. Directly comparable on tech-enabled buyer/seller representation.
• Long & Foster Real Estate: Iconic Mid-Atlantic residential brokerage with strong Maryland presence across Baltimore and DC suburbs. Operates a similar team-based agent model serving the same geographic markets.
• eXp Realty: Cloud-based residential brokerage leveraging a virtual model to compete with traditional firms. Operates in Maryland and competes for the same agent talent and digital-first buyer/seller clients.
• Realty ONE Group: Fast-growing national residential brokerage with a team-centric, entrepreneurial agent model. Competes directly for productive agents and the same Mid-Atlantic buyer/seller transaction volume.

Broad incumbents

• Coldwell Banker Realty: National residential real estate franchise with established Maryland operations. Offers overlapping buyer/seller representation with the backing of a national brand and broader service portfolio.
• Keller Williams Realty: Largest real estate franchise by agent count in the U.S., with significant Maryland market share. Competes for the same agent recruiting pool and residential transaction volume.
• RE/MAX: Global residential real estate franchise with substantial Mid-Atlantic agent network. Overlaps on commission-based buyer/seller representation and team-led brokerage structure.
• Berkshire Hathaway HomeServices: National residential real estate franchise network with active Maryland operations. Overlaps on premium suburban Maryland buyer/seller representation and shares a team-based brokerage structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/central-md-homes

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 central md homes