Matchbox Realty & Management Services Company Profile

Background

Matchbox Realty & Management Services, Inc., established in 1996, is a privately held real estate firm headquartered in Harrisonburg, Virginia. The company specializes in connecting individuals with properties that meet their specific needs, aiming to provide superior and memorable experiences for owners, clients, customers, tenants, and vendors. Their mission is to set the market standard in residential leasing and management, community association management, commercial sales, leasing, management, and development and investment.

Key Strategic Focus

Matchbox Realty focuses on delivering comprehensive real estate services, including:

Leasing Services: Offering custom-built marketing strategies, site identification, owner and tenant representation, negotiation, and lease consultation.

Brokerage Services: Providing market research, seller and buyer representation, tenant representation, site selection, operating pro forma evaluations, and 1031 tax-deferred exchanges.

Investment/Development Services: Conducting site selection analysis, improvement planning, due diligence processing, contract negotiations, approval process management, product and cost feasibility studies, and detailed reporting.

The company primarily targets the Harrisonburg, Virginia area, catering to both residential and commercial markets.

Financials and Funding

As of recent reports, Matchbox Realty & Management Services generates approximately $6.3 million in annual revenue and employs around 74 individuals. The company has raised a total of $150,000 in funding over one round.

Leadership Team

Barry Kelley: Chief Executive Officer.

Mary Messerley: President/Manager.

Andrea Konstant: Vice President.

Katie Kidd-Johnson: Director of Residential Management.

Phil Saunders: Director of Multimedia and Marketing.

Cara Major: Human Resources Director.

Marcy Eicholtz: Director of Multimedia and Marketing.

Competitor Profile

Market Insights and Dynamics

The real estate management industry in Harrisonburg, Virginia, is competitive, with several firms offering similar services. The market is characterized by a mix of local and regional players, each striving to capture a share of the residential and commercial property management sectors.

Competitor Analysis

Key competitors include:

Boston Realty Advisors: Provides commercial real estate brokerage and consulting services.

Paramark: Offers commercial and residential property management services.

Beacham & Company: Specializes in real estate services.

NewQuest Properties: Provides real estate services.

These competitors focus on various aspects of real estate services, including brokerage, property management, and consulting, contributing to a dynamic and competitive market landscape.

Strategic Collaborations and Partnerships

Matchbox Realty & Management Services collaborates with various stakeholders, including property owners, tenants, and vendors, to enhance its service offerings. The company emphasizes building lasting relationships through superior service and effective communication.

Operational Insights

The company differentiates itself through a comprehensive suite of services, including leasing, brokerage, and investment/development services. By offering tailored solutions and maintaining a strong local presence, Matchbox Realty aims to provide value to its clients and maintain a competitive edge in the Harrisonburg real estate market.

Strategic Opportunities and Future Directions

Looking ahead, Matchbox Realty & Management Services plans to continue expanding its service offerings and strengthening its market position. By leveraging its expertise in real estate management and development, the company aims to capitalize on growth opportunities within the Harrisonburg area and beyond.