|By Marketwired .||
|July 25, 2013 04:44 PM EDT||
MELBOURNE, FL -- (Marketwired) -- 07/25/13 -- Coldwell Banker Residential Real Estate LLC, the largest residential real estate brokerage in Florida with more than 80 offices and 4,900 sales associates, announced today that it has acquired the assets of Hartung Real Estate in Brevard County, Fla. Hartung has two offices and approximately 25 sales associates, located in Rockledge and Melbourne. With this acquisition, Coldwell Banker Residential Real Estate has more than 200 sales associates in Brevard County.
Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation's largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY).
"We are excited to welcome Hartung Real Estate and their sales associates to our growing Brevard County operations," said Clark Toole, president of Coldwell Banker Residential Real Estate in Florida. "Their professionals have an excellent reputation in the community, and having them on our team will further solidify our leadership position in Brevard County and throughout Florida."
Under the leadership of husband and wife team Karen and Jim Hartung, Hartung Real Estate has provided professional real estate services to the local community since 2004. The Hartungs will join Coldwell Banker Residential Real Estate as a sales associate team.
"Coldwell Banker Residential Real Estate is building a strong presence in Brevard County, and we are excited to become a part of their growing operations," said Jim Hartung. "I'm confident that the brand awareness, marketing strength and technology tools from Coldwell Banker will be a big benefit to our associates."
This acquisition follows on the heels of Coldwell Banker Residential Real Estate's April acquisitions of the assets of Pruitt Real Estate and ERA Showcase Properties & Investments, which added 170 sales associates in Brevard County. In March, the company also acquired the assets of the Luxury Team of Florida Real Estate Group based in Palm Coast, which included seven sales centers and gave the company its entrance into Flagler, Volusia and Osceola Counties. Coldwell Banker Residential Real Estate provides real estate services in 20 Florida counties.
About Coldwell Banker Residential Real Estate LLC
Coldwell Banker Residential Real Estate is a leading full-service residential real estate company with more than 80 offices and 4,900 sales associates serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation's largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY). Worldwide, the Coldwell Banker network includes 3,100 offices with over 82,000 sales associates spanning more than 50 countries. Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 575 high-traffic websites.
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