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Coldwell Banker Residential Real Estate
in Florida announced that it has acquired the assets of Home Team Realty East in
Hollywood, Fla.
Home Team
Realty East is located at 4935 Sheridan St., just a short distance from
Coldwell Banker's office at 3319 Sheridan St. The two offices will merge and
operate from the 3319 Sheridan St. location under the banner of Coldwell Banker
Residential Real Estate Inc.
Home Team
Realty East's 30 sales associates were responsible for more than $52 million in
total closed sales volume during the last 12 months, according to a press
statement. With this announcement, Coldwell Banker Residential Real Estate Inc.
has more than 7,500 sales associates operating in 167 offices in Florida,
accounting for a combined total closed sales volume of nearly $22 billion over
the past year.
Ed and
Georgette Bannan operated the company from its Sheridan St. location for the
past eight years. "We felt that now was the right time to join forces with
the market leader in Florida. We really wanted to make sure our agents are well
positioned for continued success, and Coldwell Banker Residential Real Estate
offers world-class resources that we believe will ensure a positive move for
everyone. In fact, Georgette and I are counting on it because we are joining
the Coldwell Banker Residential Real Estate sales team," said Ed Bannan.
Coldwell
Banker Residential Brokerage is a member of the NRT family of companies, one of
the nation's largest residential real estate brokerage conglomerates. NRT is a
subsidiary of Cendant Corp.
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