April 4, 2013 By Christian Murray
Welcome Home Real Estate, one of Sunnyside’s more established real estate firms, was sold last week for an undisclosed sum of money.
Long time owner Rita Lowry sold the business to Amy Fitzgerald, a well-known Sunnyside resident and real estate veteran. Terms of the deal were not disclosed.
Welcome Home, located at 46-15 Skillman Ave., was established in 1983, with Lowery owning it for the past 12 years. Lowery said she sold the business to pursue other interests.
Fitzgerald, originally from upstate New York, has spent 15 years living in New York, with 13 of those in Sunnyside. She started selling real estate out of a Manhattan firm in 2002 and later began selling real estate in Sunnyside for Dorothy Morehead Real Estate.
Lowery had been planning to sell the business for months and approached Fitzgerald about purchasing it. Both women are neighbors and know each other well through the tight-knit Sunnyside real estate community.
“I bought the business because it has a reputation for treating people fairly and honestly,” Fitzgerald said, adding that the agents are held in very high regard. She said the firm has many “return landlords” and repeat customers.
The firm– excluding Fitzgerald– has 3 licensed associate brokers, all of whom have worked at the firm for at least 10 years. In addition, there are 2 licensed sales people. All have pledged to stay with the firm, Fitzgerald said.
Fitzgerald said she has no plans to make any significant changes in the short term. “The firm is working well and I want to continue the legacy,” she said. “The next phase is still to be determined.”