The Penn Team partners with PLACE to scale growth and strengthen operations.
“I’m most excited for the added support, growth, and stability PLACE brings to the team.”
Led by Damon Penn, the South Florida-based team is focused on expanding reach, empowering agents, and elevating the client experience.
CORAL SPRINGS, Fl., June 2025— PLACE, the real estate industry’s only all-in-one business services and technology platform for top teams at any brokerage, announced today that Damon Penn and The Penn Team are now powered by PLACE. PLACE improves profitability and production to make running a real estate business easier.
Damon Penn, owner and operator of The Penn Team, serves South Florida, including Fort Lauderdale, Coral Springs, Parkland, Boca Raton, Broward County and surrounding areas. Last year, The Penn Team closed over 200 transactions and has sold a total of approximately 2,500 homes in his career.
Damon Penn’s journey into real estate began in 2005 after a long career in sales. Growing up in Queens, New York, he moved to Florida at a young age and eventually grew into an extensive sales career. He then entered the real estate industry and he soon realized his passion lay in residential real estate, where he could connect with individuals and families looking for homes. Fast forward to today, The Penn Team specializes in helping buyers, sellers, investors, and tenants with an emphasis on sports and entertainments clients, probate clients, and family law clients.
The Penn Team was built on a foundation of faith, strong values, and a commitment to helping others grow. Damon initially built his team around agents but eventually restructured to focus on hiring an admin and rebuilding from the ground up. His previous assistant, a graphic designer, played a pivotal role in creating consistent branding, which helped establish The Penn Team’s presence in the market. Today, the team has 11 agents and plans to expand into Orlando and Georgia. “We’re focused on attracting like-minded people who value teamwork and are not just concerned with what’s in it for themselves,” Damon said.
Partnering with PLACE was a strategic decision for Damon to strengthen his operations and provide more value to his team and clients. “I’m most excited for the added support, growth, and stability PLACE brings to the team. It allows us to run the business more like a business, improving on the strong foundation we’ve built,” Damon shared. He emphasized that PLACE’s accountability programs and systems will not only empower his agents but also enhance the experience for his buyers and sellers. “With PLACE’s support, I can step back from some of the day-to-day tasks and focus on more accountability leading our agents. That means more time focused on what we do best—serving our clients.”
“We’re glad to have Damon and The Penn Team join PLACE,” said Ben Kinney, co-founder of PLACE. “Their strong foundation and commitment to growth align perfectly with what we do here at PLACE. We look forward to helping them scale and seeing their continued success.”
Chris Suarez, co-founder of PLACE, echoed these sentiments: “Damon’s dedication to faith, family, and business growth is inspiring. By partnering with PLACE, he and his team are poised to achieve even greater heights in the years to come.”
