Hunter art

Hunter Connelly

Officials with Pilkerton Realtors, Parks Realty and Village Real Estate announced Thursday a merger.

Terms of the agreement — which creates an overall entity with 1,400 agents and $6.5 billion in annual sales volume — are not being disclosed. According to a release, the firm’s combined market share in Middle Tennessee will equal about 15 percent, nearly twice as much as the percentage figure of any area competitor in the sector.