Realogy subsidiary NRT’s Coldwell Banker Residential Brokerage in Arizona now has nearly 1,600 real estate professionals working out of 28 offices with the acquisition of Ken Meade Realty in Sun City, the company said today.

Ken Meade Realty’s 250 sales associates will continue to operate out of the company’s six existing offices as Coldwell Banker Residential Brokerage.

The acquisition further expands Coldwell Banker Residential Brokerage’s presence outside of the metro Phoenix and Tucson markets into the Northwest Valley.

With 2,480 transaction sides and $364 million in closed sales volume in 2012, Ken Meade Realty was ranked among the top 100 independent residential real estate brokerage companies in the United States last year, according to Real Trends.

“This is a key opportunity to strengthen our market presence in the Northwest Valley area by welcoming sales associates who are already knowledgeable and entrenched in this market,” said Malcolm MacEwen, president and chief operating officer of Coldwell Banker Residential Brokerage in Arizona, in a statement.

Steve Meade, formerly president of Ken Meade Realty, said the company’s agents will “greatly benefit from Coldwell Banker Residential Brokerage’s advanced tools and technology along with expanded marketing exposure for their clients,” which will “set them apart from the competition.”

Real estate marketing and software provider Market Leader recently signed a multiyear deal to provide its software to NRT’s 41,300 agents.

Realogy franchise brand Coldwell Banker Real Estate LLC launched its 2014 national marketing campaign during Sunday’s Grammy Awards with a television spot featuring the Mötley Crüe anthem “Home Sweet Home” driving home the campaign’s “#HomeRocks” hashtag.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
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