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.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×