Mark Spain Real Estate names new CEO; Spain transitions to executive chairman

After a nearly year-long search, Mark Spain Real Estate has finally found its new CEO. On Tuesday, the firm said it was naming David Zanaty as its new leader. 

The company said that this marks a “pivotal moment for the firm as it enters a new phase of growth, building upon the strong foundation and culture that founder Mark Spain has passionately developed.”

Mark Spain Real Estate is on RealTrends Verified top brokerages and top teams. The team is listed as No. 1 by transaction sides and sales volume in Georgia.

“I couldn’t be more excited to join Mark Spain Real Estate,” Zanaty said in a statement. “With Mark’s ongoing vision and a talented team that has outperformed the market across cycles, we will write the next chapter of innovation and scale while delivering even greater value to our clients and agents.”

Zanaty has more than 25 years of real estate leadership experience at companies like Roofstock, Mynd and Opendoor. At these firms, Zanaty has focused on scaling operations, an objective that Mark Spain Real Estate says aligns with its ambitions. 

“We conducted an extensive 12-month search to find the right leader to join forces with our team and take Mark Spain Real Estate to the next level,” Spain said in a statement. “David’s proven track record and shared vision make him the perfect fit to accelerate our growth while preserving the culture that makes us unique.”

Spain will transition into a new strategic leadership role as the executive chairman of the company’s board of directors. In this role the firm said Spain will focus on long-term vision, innovation, and strategic guidance.