Tuesday 18 June 2013

Coldwell Banker Real Estate Announces New Franchise Affiliate in Northern California

Coldwell Banker Real Estate Announces New Franchise Affiliate in Northern California


Merger of Regional Leaders Kappel & Kappel Realtors and Gateway Realty Forms Powerful Coldwell Banker Presence Along I-80 San Francisco-to-Sacramento Corridor

 

MADISON, NJ--(Marketwired - Jun 18, 2013) - Coldwell Banker Real Estate LLC today announced the affiliation of the newly created Coldwell Banker Kappel Gateway Realty in Vacaville, Calif., welcoming more than 200 agents in seven offices serving Solano County along the Interstate 80 corridor between Sacramento and San Francisco.
The new entity was created through the merger of Kappel & Kappel Realty, Inc. in Vacaville, owned by Steve and Sue Kappel, and Solano Gateway Realty, Inc. in Fairfield, owned by Steve Spencer and Bev Dorsett. Both firms were founded in 1972 and are the market leaders in Solano County, combining for more than $600 million in sales dollar volume in 2012. The new firm also includes nearly 30 agents from the former Coldwell Banker Residential Brokerage offices in Vacaville and Dixon.


Coldwell Banker Kappel Gateway Realty has branch offices in Vacaville, Fairfield, Dixon and Green Valley.
"The ownership group at Coldwell Banker Kappel Gateway Realty is impressive and we are thrilled to welcome them and their agents to the Coldwell Banker brand," said Budge Huskey, president and chief executive officer of Coldwell Banker Real Estate LLC. "These two firms have been market leaders for years and share so many of our core values. The Coldwell Banker® brand was founded in San Francisco in 1906, so having the ability to grow in the region with such quality people is rewarding. Coldwell Banker Kappel Gateway Realty augments our brand's already strong presence in Northern California. "


Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker® is the oldest national real estate brand in the United States and today has a network of more than 82,000 sales agents working in approximately 3,100 offices in 50 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On Location(SM) YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International®


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