Shop Talk: Parke McEnery & Katherine Eshleman
Sponsoring Broker/Partner, McEnery Residential, The McEnery Company & Relator/Partner, McEnery Residential
What services does your company offer? Parke: Our companies work closely together to provide unparalleled real estate brokerage and valuation services. Collectively we have over 50 employees, appraisers, real estate agents and brokers, all committed to servicing the local real estate industry.
How did the business start? Parke: In 1980, my father, Peter M. McEnery, founded The McEnery Company as a commercial real estate brokerage firm. Upon graduating from college I joined my father on the appraisal side and quickly developed an interest in brokerage. In the last year, we set out to grow the residential business through the creation of our sister company, McEnery Residential.
How did the residential brokerage business begin to grow within what historically had been a commercial real estate company? Katherine: While working alongside Parke in the commercial appraisal division, I developed an interest in residential real estate. Parke and I began leveraging the company’s existing network of commercial relationships to harvest new business in the residential market. In 2018, we formed an invaluable partnership with Ansley Marshall and created McEnery Residential.
How is the business going? Parke: Business is great. We hold strong market share in both the local residential and commercial markets.
What are the property markets like in New Orleans? Parke: The markets are in a state of mild transition. McEnery Residential has enjoyed a prosperous spring with numerous listings going to contract within a day of listing.
Is there anything else you’d like to share? Katherine: We’re very excited to celebrate our one-year anniversary of McEnery Residential this August.
McEnery Residential, 4901 Magazine St., 605-4400, McEneryCo.com