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Allen Tate history
Allen Tate company history timeline
Allen Tate Companies® is a locally owned, independent homeownership company established in 1957.
In 1957, after Tate graduated from the University of North Carolina, he opened Allen Tate Co., at 112 S. Tryon Street in Charlotte, selling real estate and insurance.
In 1970, Tate published The Swimmers and Other Selected Poems.
In 1992, Tate recruited President and CEO Pat Riley to help grow the Allen Tate Companies, along with a leadership team, and entrusted them to carry out his vision.
Across its markets in the Carolinas, Allen Tate closed 21,595 home sales worth $5.16 billion in 2015, up from 19,716 sales worth $4.5 billion in 2014. It’s the first time the company has crossed the $5 billion mark since before the recession, when the company closed 24,446 sales worth $5.71 billion in 2006.
Allen Tate Co. had one of its best years in 2015, but CEO Pat Riley says he’s concerned about the lack of housing options for entry-level buyers and hopeful that new-home construction will continue to rebound and alleviate supply constraints.
In 2018, Allen Tate Realtors formed a partnership with Pittsburgh, Pa.-based Howard Hanna Real Estate and now ranks No.
In 2020, Allen Tate expanded its reach in the Triad, adding a new Kernersville office in January, and its footprint in the High Country, opening a second office in downtown Boone in September.
More than 700 Allen Tate Realtors achieved top performance levels during 2020, based on closed sales volume of $2 million to more than $100 million.
First time home buyer programs in North Carolina March 1, 2021
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Allen Tate competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Calkain Companies | 2005 | $1.6M | 50 | - |
| EastGroup Properties, Inc. | - | $640.2M | 72 | 4 |
| Fonville Morisey Realty | 1973 | $43.0M | 1,049 | - |
| F.C. Tucker | 1918 | $360.0M | 1,446 | 2 |
| Oakworth Capital Bank | 2008 | $20.1M | 106 | - |
| Re/max Equity Group | - | $790,000 | 50 | - |
| Baird & Warner | 1855 | $51.0M | 50 | 13 |
| Coldwell Banker Advantage | - | $5.3M | 100 | - |
| Coldwell Banker Bain | 1972 | $19.0M | 1,757 | 6 |
| John L. Scott Real Estate | 1931 | $14.1B | 155 | 4 |
Allen Tate history FAQs
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Allen Tate may also be known as or be related to Allen Tate, Allen Tate Co Inc, Allen Tate Co., Inc., Allen Tate Companies and Allen Tate Realtors.