Real Estate Group ‘New Home Team’ Opening an Office on Charles Street in Federal Hill

| April 22, 2020 | 0 Comments

The New Home Team of ReMax Distinctive is opening in a first-floor retail space at 1014 S. Charles St. in Federal Hill. The approximately 1,000 sq. ft. space was formerly the home of Mark Cottman Gallery and CJKollective.

New Home Team co-owners Dave Jimenez and Michael Lopez purchased the building this month. They are hoping to get the office up and running by May 15th if current government restrictions on non-essential businesses are lifted. Realtors can currently show homes and continue working on deals, but are not allowed to work together in an office.

Jimenez and Lopez will continue to rent out a two-bedroom apartment on the top two floors of the space.

Jimenez and Lopez are excited to bring the first ReMax office to Federal Hill and the first ReMax Distinctive, which is a franchise of ReMax, location to Baltimore City. New Home Team, which was established about two years ago, was previously part of ReMax Sails in Canton before deciding to make the move over to Charles St.

New Home Team will have four agents and a sales assistant and is always open to conversations with agents looking to join the team.

Jimenez said the space is in good shape and they are customizing it to fit their needs with cosmetic upgrades and new furniture and equipment. They will paint the facade and add some technology scrolls in the two large windows that will display information on listings and New Home Team’s agents.

Jimenez is an associate broker and has worked in real estate for about 10 years. He now lives in Columbia with his family, but loves the idea of having an office in Federal Hill so he can continue to spend time in the city and help people find and sell homes.

“I love the city and know it well,” said Jimenez. When talking about Federal Hill he said, “We really believe in everything taking place and want to be a part of the continued growth.”

While much of the economy is slowed down due to the coronavirus pandemic, Jimenez said he has sold three homes in the past month to doctors who need to relocate for new jobs. He said they are still getting a lot of inquiries and thinks there could be explosive growth when things open back up.

Lopez has been a 12-year resident of Federal Hill and currently serves as the treasurer of the Federal Hill Neighborhood Association. He has been a real estate investor for many years. He said about a third of his business comes from buyers, a third comes from sellers, and a third comes from being an REO agent for HUD foreclosures in Baltimore.

“We think there’s a lot of great housing in Federal Hill and South Baltimore. We are excited about planting our flag here,” said Lopez, who noted he and Jimenez know many of the bar and restaurant owners in Federal Hill and are excited to now have their own business in this area as well.

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Founder and Publisher of SouthBmore.com, longtime resident of South Baltimore, and a graduate of Towson University. Diehard Ravens and O's fan, beach volleyball enthusiast, dog lover, and "bar food" foodie. Email me at [email protected] and follow me on Twitter at @SoBoKevin.
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