HOUSTON, TEXAS, October 12, 2017 – Houston’s leading luxury real estate brokerage, John Daugherty, Realtors, today announced it has acquired Houston-based David Young & Company, an independent boutique brokerage. The joining of the two firms represents a major presence in the highly desirable Memorial Villages, Energy Corridor, west Houston and Katy neighborhoods. The symbiotic nature of the two companies reflects the vision, integrity and philosophy of its owners. Fifty years after founding his company, John A. Daugherty, Jr. is known as the leader in luxury, double-digit, million-dollar listings and sales.
“David Young & Company is a natural fit for us,” said John A. Daugherty, Jr., chairman and chief executive officer. “David is exceptionally qualified and has built a prosperous and successful business in west Houston. Together we will unlock extraordinary results for our buyers and sellers. We look forward to joining David at our new office on Memorial Drive. This location is ideally situated and will serve as home base for agents that are focused on these neighborhoods. Here we will create a dynamic working environment for our John Daugherty Family. Having the addition of David and others who live and work in the area enhances our leadership and vision for this bustling real estate market. Combined with our John Daugherty agents, professional approach to real estate transactions and exclusive national and international networks encompassing over 6,500 affiliate offices in 65 countries, this acquisition extends our reach and strengthens our ability to market homes to a worldwide audience through the highest-producing agents in the real estate market.”
“We are also very fortunate that David Michael Young will be re-joining the Memorial office. He and his father look forward to working together again and embrace the John Daugherty, Realtors reputation for owning the luxury market and further expanding it in Memorial, Energy Corridor and the Katy area,” concluded Daugherty.
“This transaction is rooted in the quality of the offering, giving clients a step above old school know-how with modern services and worldwide marketing capabilities,” said David H. Young, founder of David Young & Company. “Digital experiences are shaping today’s real estate process, and the coming together of our two firms showcases how aggressive thinking, reputation, integrity and ethics will always stand head and shoulders above others. In my opinion, John Daugherty, Realtors has the best reputation in the greater Houston area for luxury real estate, and I am honored to stand beside one of the most successful men in Houston real estate.”
Young has completed more than $1.5 billion in closed sales during his real estate career. An entrepreneur at heart, Young founded and served as chief executive officer of six Texas corporations that specialized in the development and construction of custom residential homes. This experience has been extremely valuable in evaluating properties for homeowners and homebuyers.
Among his honors, Young ranked No. 1 and No. 2 in sales volume in the greater Houston area by the Houston Business Journal for 5 consecutive years and ranked in the Top 100 in the United States in prestigious national “The Real Estate Top 250” sponsored annually by the Wall Street Journal and LORE Magazine.
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