Industry News

NRT appoints new executives

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NRT Inc., the nation's largest residential real estate brokerage company, announced several executive appointments today. Judy Reeves, who served as senior vice president of the Northeast Region for NRT during a time of major expansion there, has been promoted to executive vice president and chief administrative officer for NRT. She also has added responsibility for overseeing a local operating company in Parsippany, N.J., and another company in Harrisburg, Pa. In her new role, Reeves will oversee NRT's mortgage services, settlement services, relocation services, acquisition rollouts, preferred alliances, and brand and Cendant relationships. Reeves oversaw NRT's entry into the Long Island market and its expansion into The Hamptons and Palm Beach markets. She also worked to extend Burgdorff ERA's reach into Montclair, N.J., and to assist the transition of Sotheby's International Realty's company-owned offices. Maureen Passerini, president and chief operating officer for Coldwell Banke...