The Enid News and Eagle, Enid, OK

Economic Development 2011

February 13, 2011

Local family on the move

3-generation real estate business has met Enid’s needs since 1953

ENID — On Feb. 1, 1953, N.H. Nicholas started his real estate business in a downtown Enid building at 111 E. Broadway.

After Bud Nicholas earned his real estate license in 1955, he joined his father selling real estate, and, in 1958, his other son, Jim, joined the business.

Fifty-eight years after N.H. first opened his real estate company, ERA Nicholas Real Estate has 18 sales associates and is the oldest active licensed real estate company in Oklahoma.

The company, at 900 W. Maple now, is co-owned by Bud and Jim, and their sons Buddy, Jay and Jimmy have joined them in the business.

No one there is more important than the other, even though Jim and Bud are owners. Rather, Jim said, they are “all Indians and no chiefs.”

“What we’ve done over the years, since we’re all Indians, is we’ve all had our own little space,” Jim said. “I developed residential (business). Bud was commercial.”

Later on, Bud said, the company began developing real estate. He was in charge of developing lots, while Jim marketed them.

In 1972, the business moved to 225 W. Maple for a short time before relocating to its current location in April 1979.

“We had too many people in the building; it was crowded,” Bud said. “We needed more room.”

Since moving to it home on Maple, ERA Nicholas Real Estate has acquired much of the land around the building to easily expand in the future if there is a need.

Several years after the business moved, their sons graduated from college and started working at the family business.

Buddy graduated from Oklahoma State University in 1982 with a business management degree. Jay also went to OSU, graduating in 1984 with finance and economic degrees.

Jimmy attended Phillips University and went into the car sales industry to acquire sales experience before going to work at the real estate business a few years later.

Buddy now works in property management, while Jay works in commercial real estate. Jimmy is a broker in the residential department.

Jim, an owner, jokingly referred to himself as a “salesman.” Bud is a commercial real estate broker.

ERA Nicholas Real Estate has developed dozens of properties, including spearheading Sunset Plaza, La Mesa West and Broadway Plaza projects.

The company has developed the land for Neilson Square, Trails West, 7 Pines, Chestnut West, Chestnut Village, Pheasant Run Golf Course and Thousand Oaks.

ERA Nicholas also does business in Altus, Claremore, Yukon and Oklahoma City.

“I think we’re all lucky to be in Oklahoma,” Jim said. “It’s a great state; things are moving good. We’re also lucky to live in Enid.”

Jay said business in Enid continues to be good and is holding steady. As business grows, ERA Nicholas Real Estate continues to as well.

“We are continually re-modeling something,” Bud said.

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Economic Development 2011
  • CoverED2011.jpg Economic Development 2011

    One of the attributes of living in Enid and Northwest Oklahoma is the abundant pride residents have in its people, land and businesses. The 2011 News & Eagle Progress edition highlights these areas and pays tribute to all of those who make our region shine 7 days a week, 365 days a year.

    February 19, 2011 1 Photo

  • Inspire_Enid_1_BH.jpg Divine inspiration

    Inspire Greater Enid is an organization that has a mission to bring together professionals in marketing and communications fields and provide them resources, information, training and professional marketing.

    February 13, 2011 1 Photo

  • Eagle_Mkt_BBQ_2_CB.jpg ‘Ambassadors’ help Enid shine

    “We have become incredibly successful at marketing. We are a for-profit company but virtually everything we do has a spin-off for the local economy. We are trying to get good, fun events. We are trying to get Enid to be fun and a good destination for fun.” — Frank Baker, director of Eagle Marketing

    February 13, 2011 1 Photo

  • enid1stheader_2.jpg Enid 1st seeks stories that it can brag about

    Enid Regional Development Alliance, along with the help of the Enid News & Eagle, has launched an Enid 1st Campaign with the goal of drawing information from individuals, companies or organizations about what Enid is best at, has the most of, is first at doing or has the only of.

    February 13, 2011 1 Photo

  • Progress_EnidDevAlliance_JM.jpg Out on their own: With a little help from the community

    In his third year as executive director, ERDA executive director Brent Kisling said the development alliance has been successful in three areas: “Working with entrepreneurs, working with present businesses and soliciting new businesses.”

    February 13, 2011 1 Photo

  • Western_Enterprises_2.jpg Western Enterprises is Enid’s and the area’s master blaster

    The manufacturing of fireworks is considered an art form, which is kind of strange for something that blows up.” — Jim Burnett, owner of Western Enterprises at Carrier

    February 13, 2011 2 Photos

  • Mall_Angels_Delight_BH.jpg What’s new at the mall

    Kelly Goodwin, general manager, said they are working to entice several businesses into the mall.

    February 13, 2011 3 Photos

  • Social Network1.jpg Social networking offers a better way to promote the city of Enid

    Today’s social networking sites make it much easier for Enid to market itself and find new investment opportunities, said Brent Kisling, executive director of Enid Regional Development Alliance.

    February 13, 2011 3 Photos

  • ECVB_BH.jpg No secrets here

    Marcy Jarrett, director of ECVB, said the No. 1 goal is to find what people want in Enid and promote that directly.

    February 13, 2011 1 Photo

  • Progress_MattressHub_3_BV.jpg Turning the corner

    “Marketing Enid to national retail people is a tenacious and lengthy process and we are in the middle of it. We’re ahead of where we thought we would be, there is still a lot of distressed commercial real estate, and we still may not have seen the end of foreclosures, but we’ve turned the corner." — Rickey Hayes, retail consultant

    February 13, 2011 1 Photo