ERA Real Estate expands in Colorado

LUX Real Estate Company ERA Powered has expanded with the acquisition of Vail Real Estate Center, the firm announced this week.

The Cherry Creek North, Colorado-based brokerage — founded and led by Emily Duke — will now have a presence in one of the state’s most competitive resort markets.

Founded in 2013 by longtime Vail residents Gil Fancher and Ted Steers, Vail Real Estate Center developed a reputation for serving high-end buyers and sellers.

Both Fancher and Steers will remain with the company — with Fancher taking on the role of supervisor of the Vail, Colorado, branch.

“Over the last two years, Ted and I have talked about what it would take to move our company to the next level,” Fancher said. “We have been enormously successful as an independent brokerage, but we’re excited about the greater resources and reach LUX provides. This partnership allows us to give our agents even more tools to succeed and our clients even more opportunities.”

Steers echoed those sentiments.

“Joining forces with LUX means we don’t have to continue on our journey alone,” he said. “We’ve always wanted to do better for our agents and clients, and this partnership paves the way for future success for all of us.”

Since 2022, Duke and her team have represented more than $250 million in sales across the Denver metro and Front Range.

In 2023, the brokerage affiliated with ERA Real Estate.

“We are thrilled to partner with Gil and Ted, whose names are synonymous with trust and expertise in Vail,” Duke said. “Together, we are bringing the best of both worlds to this market: the reach of a global brand and the warmth of a boutique firm.”