(IBJ file photo)
The F.C. Tucker Co. Inc.—the largest and oldest residential real estate brokerage in Indiana—has been acquired by Pittsburgh-based Howard Hanna Real Estate Services, the biggest independent brokerage in the United States, the companies announced Tuesday morning.
Financial terms of the deal were not disclosed.
As part of the deal, the F.C. Tucker brand will stay in place, due to the local firm’s massive market share and name recognition. The 103-year-old company is the largest in Indianapolis when measured by both sales volume and agents, totaling $3 billion in 2019 (more than double the second-largest firm, Century 21 Scheetz), with more than 650 brokers across 17 offices in the state.
The change in majority ownership is expected to increase Tucker’s…