There’s a new ownership group at Wichita’s Select Homes Team Real Estate.
“We’ve acquired the controlling interest in Select Homes,” says Brandon Knowles of himself and his sister, Kerrie Knowles-DuPont, and her husband, Brent DuPont.
Brandon Knowles, who is now managing partner, has been senior vice president and partner at Security 1st Title.
“It was an opportunity that came up,” Knowles says.
“It was a tough decision to leave where I was at because Security 1st is a great company, great people,” he says. However, Knowles says, “I did not think an opportunity like this would come up again.”
As Have You Heard? previously reported, Select Homes founder Mike Grbic – for whom the business once was named – left the company this spring.
At the time, partner Adam Bailey said that “it was just strictly strategic business” for Grbic to move on due to “different opinions of vision and how to handle some things, and it was just best for him to sell the company to us and for us to keep moving the company forward.”
He said he and partners Grant Farha and Brian Brundage began “a debranding process” about three years ago to establish the company without Grbic’s name or image.
Bailey, Farha and Brundage will remain Select Homes partners.
Knowles says his family’s acquisition means more capital for continued growth.
“We felt the direction we were heading, it made more sense for us financially,” Grant Farha says.
The company has more than 50 employees in Wichita, Newton and Hutchinson along with another 25 in offices in Overland Park and Springfield, Mo., that local partners own.
“These guys have a proven track record,” Knowles says. “They have shown growth over the last few years.”
Knowles, who also used to own Guardian Title, says he likes the Select Homes’ team approach.
“This is a unique business model.”
He says an agent can join and receive support and mentoring.
“They don’t have to put money up front.”
Knowles says he plans to meet with each employee to discuss the business and the company’s future.
Though he wants to grow Select Homes, Knowles says nothing is going to change for now.
“We’re just going to maintain what these guys have built.”