One real estate company will become two in May, as the two partners in Levitan-McQuaid Real Estate Services part ways.
After five years as partners, Ann Levitan and Tiffany McQuaid have decided it’s time for a change.
“It’s a very amicable parting of the ways. It’s effective May 1,” Levitan said.
After the split, her company will be known as Levitan Realty and the other as McQuaid & Co.
“Basically there is almost 30 years difference between us,” Levitan said. “I’m at the stage where I just want to do real estate, and she wants to spread her wings and expand into different things. It’s like you put a kid through college and let them go off on their own.”
A few months ago, McQuaid started a marketing company, which will eventually handle the marketing for her new real estate firm. Through McQuaid Marketing, she has promoted and organized events at Bayfront, including a free concert series.
Her real estate company will be headquartered at Bayfront, taking the place of what has operated as a second office for Levitan-McQuaid.
Bayfront, a mixed commercial and residential development, is off Goodlette-Frank Road, near U.S. 41 East.
McQuaid, in her 40s, and Levitan, in her 70s, have worked together for about 10 years. Levitan founded her own real estate company in the mid-1990s, then later asked McQuaid to become a partner five years after hiring her as an agent.
“I feel like I’m letting a little butterfly go free,” Levitan said.
The two women remain good friends.
“I know it’s unusual,” Levitan said. “We think very highly of each other and both companies will still be going good and doing fine.”
Their parting is difficult for the agents who have worked for both of them because they’ll have to pick sides, going with one company or the other.
“One agent was cute, she said that ‘mommy and daddy are getting a divorce and I have to choose who I want to live with,’” Levitan said.
Levitan will continue to operate out of what has been the headquarters office for Levitan-McQuaid in the Pelican Strand shopping plaza off Immokalee Road, near Interstate 75.
Levitan-McQuaid has about 20 agents, including Levitan’s daughter and husband, who she encouraged to become a real estate agent after he retired.
“He had been in the men’s clothing industry,” she said. “He retired from that in 1999. I gave him 48 hours to enjoy retirement. Then I told him to go and get his real estate license,” she quipped. “So it’s a joke that we laugh at. Now he works for me, but we’re a team and it’s good.”
Levitan has focused on selling homes in Quail West Golf & Country Club, off Bonita Beach Road east of Interstate 75, while McQuaid has predominantly sold in the Quail Creek Country Club off Immokalee Road in North Naples.
But their company sold real estate across Collier County, as well as in Lee County. It also offers rentals.
McQuaid was in New York this week to meet with her mentor, Barbara Corcoran, a television personality, real estate mogul and investor on ABC’s “Shark Tank.”
McQuaid’s new company will sell residential and commercial real estate and have a rental department.
“This has always been my dream from day one. When I got into the real estate business my dream was always to have my own firm,” she said.