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PHILADELPHIA - (Nov. 20, 2012 ) – Coldwell Banker Preferred, a residential real estate brokerage company based in Greater Philadelphia, has achieved a significant milestone closing more than $1 billion in sales volume* year-to-date in 2012.  Coldwell Banker Preferred is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company.

Additionally, Coldwell Banker Preferred has experienced a 24 percent increase in closed transactions and a 28 percent jump in closed sales volume compared to a year ago.

Led by its president, Regina Coia, Coldwell Banker Preferred has nine offices serving Greater Philadelphia and the Delaware Valley, including northern Delaware and southern New Jersey.

“This is an outstanding achievement for the leadership team and sales professionals of Coldwell Banker Preferred,” said Bruce Zipf, president and CEO of NRT. “Not only is this growth indicative of the health of the Greater Philadelphia real estate market, but it also reflects the strength and talent of the entire team.”

"We are fortunate to have a remarkable culture here at Coldwell Banker Preferred, thus we can accomplish anything we set out to do together," said Coia. “Coldwell Banker Preferred is comprised of one of the most respected groups of real estate professionals in the industry, and I truly believe it is because our leadership team continues to raise the bar and our agents continue to elevate their own expectations as to what they endeavor to accomplish. We look forward to finishing strong in 2012, building on this performance in 2013.”

Coldwell Banker Preferred has nine offices and a sales force of more than 600 sales associates and staff serving the communities of the Greater Philadelphia area and the Delaware Valley, including northern Delaware and New Jersey.  Coldwell Banker Preferred is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT is owned by Realogy Holdings Corp., (NYSE: RLGY) a global leader in real estate franchising and related services. For more information visit: www.CBpref.com.

 * Sales volume is calculated by multiplying the number of sides (buyer and/or seller) by sales price.

PHILADELPHIA, Pa.,  – (August 27, 2012) – Coldwell Banker Preferred is pleased to celebrate Coldwell Banker's 106th birthday. The company is the oldest and most established real estate brand in the industry and today has a network of approximately 87,000 sales agents working in approximately 3,100 offices in 49 countries and territories.

Coldwell Banker was founded on August 27, 1906 by Colbert Coldwell, and later Arthur Banker, in San Francisco, California to bring ethics and integrity to a real estate industry that had lost its way after the 1906 earthquake. Out of the ashes of a severe earthquake, Colbert Coldwell and Arthur Banker built the company from the ground up and began a legacy of excellent service for people buying or selling homes. 

"Coldwell Banker has been in business for more than one hundred years because it was built on integrity, and ingenuity," said Regina Coia, president of Coldwell Banker Preferred. "The founding tradition and heritage of providing professionalism and superior customer service based on that integrity and ingenuity remains the core of the Coldwell Banker philosophy more than 106 years later."

An industry pioneer for more than a century through up and down markets, Coldwell Banker has trail-blazed new paths in real estate at every opportunity. Coldwell Banker was the first full-service real estate brand to launch a national website, stream listing videos online, create social media and iPad applications, design mobile-friendly sites and more. Coldwell Banker will always be at the forefront of providing exemplary service and trusted counsel to home sellers and buyers, in addition to best-in-class support and educational tools for its network of real estate professionals.

Coldwell Banker Preferred has nine offices and a sales force of more than 600 sales associates and staff serving the communities of the Greater Philadelphia area and the Delaware Valley, including northern Delaware and New Jersey.  Coldwell Banker Preferred is part of NRT LLC, the nation’s largest residential real estate brokerage company. For more information visit: www.CBpref.com.

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Coldwell Banker Real Estate LLC today released its 2011 College Home Listing Report (College HLR), which ranks college towns across the country in home affordability. The report provides the average home listing prices for three-bedroom, two-bathroom properties that were listed for sale on coldwellbanker.com between August 2010 and August 2011 in markets home to 117* of the 120 schools in the Football Bowl Subdivision.  According to the report, three-bedroom homes cost less than $200,000 on average in nearly two-thirds of the college towns included (76 markets) and less than $150,000 in nearly one-quarter (26 markets). In the most affordable market, Memphis, Tenn., (home to University of Memphis) the average listing price of a three-bedroom home is $89,244.

In Pennsylvania, three universities were named in the report.  University of Pittsburgh ranked No. 77 with the average listing price of a three bedroom home at $201,085.  Penn State ranked No. 80 with an average price of $202,207, and Temple University in Philadelphia ranked No. 97 with an average list price of $274,175.  The full ranking is available at hlr.coldwellbanker.com.

“The College Home Listing Report is great for highlighting the amazing affordability of homes in and around college towns,” said Regina Coia, president of Coldwell Banker Preferred. “This report reminds us that there are affordable homeownership opportunities near Temple University which offers local neighborhoods such incredible diversity, high-energy, access to sports and cultural events, and a stable job market supported by a strong medical and educational environment.”

Below are the most affordable and most expensive markets, as well as the full College HLR. Visit hlr.coldwellbanker.com for more details. An infographic comparing the top 10 most expensive markets based on number of students, tuition and city population is also available at http://www.coldwellbanker.com/real_estate/learn/2011_most_expensive_college_towns.

Coldwell Banker Preferred is hosting the Fall in Love with the American Dream event.  The event invites homebuyers to fall in love with homeownership with a special open house weekend on Nov. 12-13. Thousands of home sellers will participate during the weekend open house extravaganza.

“It’s our hope that the Fall in Love with the American Dream event will move buyers off the sidelines and into the market,” said Regina Coia, president of Coldwell Banker Preferred.  “We are embarking on this initiative because we believe it is critical for Coldwell Banker Preferred as an industry leader, to help serve the needs of those individuals listing homes with a Coldwell Banker broker and to help potential homebuyers understand that there are numerous benefits to owning a home, and with the proper planning, homeownership is still a worthwhile long term investment.”

 “With more homes to choose from, historically low interest rates, and affordability levels at the best they have been in years, there is a window of opportunity for homebuyers to achieve the American dream,” continued Coia. 

Sellers participating in the Fall in Love with the American Dream event will be featured on CBPref.com.  More information on the event is available at www.CBPref.com.   

Coldwell Banker Preferred has nine offices and a sales force of more than 500 sales associates and staff serving the communities of the Greater Philadelphia area and the Delaware Valley, including northern Delaware and New Jersey.  Coldwell Banker Preferred is part of NRT LLC, the nation’s largest residential real estate brokerage company. For more information visit: www.CBpref.com.

Haddonfield Mayor and Commissioner of Public Works Letitia G. Colombi, joined Regina Coia, president, and Linda Dickinson, senior vice president, broker manager, both of Coldwell Banker Preferred, and more than 100 local residents and  Coldwell Banker Preferred sales associates and employees to celebrate the opening of Coldwell Banker Preferred’s newest real estate sales office. During the celebration, a special ribbon cutting was held to welcome the business.

Coldwell Banker Preferred, a leader in the greater Philadelphia and northern Delaware real estate marketplaces, expanded its foothold into the Delaware Valley, and New Jersey marketplace with the opening of a new sales office in Haddonfield last spring. The office, located at 20 West Kings Highway in Haddonfield, houses more than 40 sales associates and provides state-of-the-art computer and sales equipment making it one of the most technologically advanced real estate offices in the region.  

“We have great confidence in the long-term viability of the Delaware Valley, and New Jersey real estate market, and our expansion into this new facility, in this location, will support our future growth,” said Coia, “Additionally, we are ensuring that our sales associates have the tools and resources to provide our customers and clients with the marketing programs and services that are required in today’s real estate environment.”

“This is a wonderful benchmark for our organization, and for our sales team here in Haddonfield,” said Dickinson. “I am so very pleased that the sales associates and ultimately their clients and customers can benefit from the tools, technology, and educational training that a company of this class can provide. With this new office, we make a prominent and influential sales team in this community that cannot be replicated elsewhere.”

Coldwell Banker Preferred has nine offices and a sales force of more than 500 sales associates and staff serving the communities of the Greater Philadelphia area and the Delaware Valley, including northern Delaware and New Jersey.  Coldwell Banker Preferred is part of NRT LLC, the nation’s largest residential real estate brokerage company. For more information visit: www.CBpref.com.

Coldwell Banker Real Estate LLC today released its Home Listing Report (HLR), a snapshot survey of listing prices for four-bedroom, two-bathroom homes in more than 2,300 North American markets. The survey reviewed 106 real estate markets in Pennsylvania and found Penn Hills led the list of most affordable markets in the state, with an average home listing price of approximately $99,776 for property listings meeting the subject home criteria. The report identified Newtown as the state’s most expensive market, where the average four-bedroom, two-bathroom home has a listing price of $623,078. The difference of nearly $525,000 between most expensive and most affordable Pennsylvania housing markets is just one of the many findings in this comprehensive market report. Compared to the national average of $293,251, the average four-bedroom, two-bathroom home in Pennsylvania overall was $292,491.

The Coldwell Banker HLR provides the average home listing price of four-bedroom, two-bathroom properties on coldwellbanker.com that were listed between September 2010 and March 2011 from more than 2,300 North American markets. Markets included in the U.S. report were required to have at least 10 properties fitting the above criteria within the relevant timeframe.

"The home listing report is by far the most in-depth local market source of data that Coldwell Banker has ever released,” said Regina Coia, president of Coldwell Banker Preferred. “The report provides us unmatched real estate insight into various communities in and around Greater Philadelphia and throughout Pennsylvania. We believe that reports like the HLR, along with trusted real estate professionals, will help consumers make smart decisions in today’s real estate environment.”

An interactive graphic summarizing the full results of the Coldwell Banker Home Listing Report is available on coldwellbanker.com. Full national data can be accessed on the Home Listing Report website, and additional state data can be found at http://hlr.coldwellbanker.com/us2011/pennsylvania.html.

Coldwell Banker Preferred, a leader in the greater Philadelphia and northern Delaware real estate marketplaces, received the Cartus Platinum Recognition Award for its outstanding performance during the last year. This is the eleventh consecutive year Coldwell Banker Preferred has received this prestigious honor.

The Cartus Platinum Recognition Award recognizes brokers who achieved key performance goals in the following business segments: support of the Cartus Broker Network, relocation management of departure and destination business, service excellence and mortgage conversion for Affinity clients, support of Cartus sales efforts, and overall TOP BLOCK®* Service.  To qualify for membership, brokers must meet their broker-to-broker outgoing closing goal, have an effective mortgage relationship with PHH Mortgage, and be a network member in good standing.

“The Cartus Broker Network is comprised of the best performing brokers in each market,” said Regina Coia, president of Coldwell Banker Preferred. “The effort of the entire Coldwell Banker Preferred team toward achieving and surpassing our 2010 goals exemplifies their commitment to consistently exceptional performance. I am honored to be affiliated with such a talented group.”

“We simply have the absolute best agents, and a fabulous, dedicated Relocation staff and leadership team who collaborated to, achieve and exceed our goals. We are honored to have received this prominent award,” continued Coia.

Coldwell Banker Preferred has a long history of success with Cartus.  In 2008 Coldwell Banker Preferred was honored with the Cartus Broker Network Cup.  The company was then awarded the Cartus Broker Network Masters Cup in 2010—the highest award presented to Network members.

Coldwell Banker Preferred has nine offices and a sales force of more than 500 sales associates and staff serving the communities of the greater Philadelphia area and the Delaware Valley, including northern Delaware and Haddonfield, N.J.  Coldwell Banker Preferred is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy’s company-owned real estate brokerage offices. For more information visit: www.CBpref.com

Coldwell Banker Preferred, a leader in the greater Philadelphia and northern Delaware real estate marketplaces, today announced it has acquired the assets of Baird & Bird, Inc., in Media, Pa. Baird & Bird’s single-office residential real estate company located in the historic Baird and Bird building at 609 E. Baltimore Pike will now operate under the banner of Coldwell Banker Preferred. Sales associates from Coldwell Banker Preferred’s neighboring office at 610 E. Baltimore Pike will relocate to the newly acquired location, where Baird & Bird currently has 20 residential real estate professionals. The Baird and Bird building will retain its name.

Baird & Bird’s owners Barbara Bird, broker, and Betsy Bird Campbell, associate broker, will remain with the newly combined company in a sales capacity. Established in 1929 by Alice Maris Baird, Baird & Bird is one of the oldest family-owned and operated real estate firms in the area and provides a full range of real estate services to the suburban Philadelphia market.

“This builds on our strategy to expand our presence in the Philadelphia region, and we are pleased to welcome the talented real estate professionals from Baird & Bird to our organization,” said Regina Coia, president of Coldwell Banker Preferred. “Baird & Bird is a talented team of professionals with extensive local market knowledge and a deep commitment to serving customers.  Coldwell Banker has been in real estate for more than 100 years and combined with the tradition and 80-year legacy of Baird & Bird, we make a prominent and influential sales team in this region.”

“We recognized our clients’ desire for the best in services and marketing power, and we found in Coldwell Banker Preferred an industry leader whose strength will complement our sales professionals’ talents,” said Barbara Bird. “I am confident that Coldwell Banker Preferred’s services combined with the experience and dedication of our sales professionals, will result in this acquisition being a superior benefit to our customers and clients.” 

Coldwell Banker Preferred has eight offices and a sales force of more than 500 sales associates and staff serving the communities of the Greater Philadelphia area and the Delaware Valley, including northern Delaware.  Coldwell Banker Preferred is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy’s company-owned real estate brokerage offices. For more information visit: www.CBpref.com

NRT LLC, a subsidiary of Realogy Corporation that is the nation’s largest residential real estate brokerage company, today announced it has acquired the assets of Coldwell Banker Preferred in Philadelphia. Coldwell Banker Preferred is a leader in the greater Philadelphia and northern Delaware marketplaces and was the third-largest independently owned Coldwell Banker franchise affiliate ranked by sales production in the brand’s award rankings for North America in the second quarter of 2010.

The company’s eight offices and 500 sales associates plus staff will continue to operate under the banner of Coldwell Banker Preferred as part of NRT’s Eastern Seaboard region. In addition, Regina Coia, president of Coldwell Banker Preferred, and the Coldwell Banker Preferred leadership team will remain in their current roles.

“This union with NRT was initiated by Harry before he passed away in August,” said Coia. “In addition to maintaining our affiliation with the Coldwell Banker brand, we will now be able to provide our clients with the invaluable benefits of NRT’s state-of-the-art tools, technology and training as well as expanded marketing exposure throughout the NRT family of companies. Combined with the experience, expertise and talents of our 500-strong sales force, this is certain to be a win-win for our sales professionals and their homebuyers and sellers, particularly since our companies clearly share the same culture of service excellence.”

In 2009, Coldwell Banker Preferred closed 3,160 transaction sides worth nearly $850 million in total sales volume. Honored as the winner of the Cartus Cup in 2004, the company is also a two-time winner of the Cartus Master’s Cup (2008 and 2010) for highest overall performance and service delivery in the world’s top performing broker relocation network.

“We are very excited to align ourselves with the industry leader,” said David Krieger, senior vice president and general sales manager of Coldwell Banker Preferred. “Along with additional tools and technology to grow the business, our management team remains aligned to assist our sales professionals in their career development and ensure our customers receive the quality service that they expect from our team.”  

 
“Coldwell Banker Preferred, under the superb leadership of the late Harry Caparo, has secured an impressive and, indeed, enviable presence in the greater Philadelphia market over the last 30 years, and we are excited to expand our presence into this important real estate market,” said Bruce Zipf, president and CEO of NRT. “This move fits perfectly into our expansion model on the East Coast, creating seamless coverage area for our Coldwell Banker clients from Washington, D.C., to Maine.”

“We are incredibly pleased to welcome Coldwell Banker Preferred as part of the NRT family of companies,” said Maureen Passerini, NRT's executive vice president for the Eastern region. “Through the continued leadership of their management team, united with the strength of NRT, the sales professionals at Coldwell Banker Preferred are poised to grow and continue to succeed.  We greatly look forwarding to supporting them now and into the future.”

About NRT
NRT LLC is the nation's largest residential real estate brokerage company, with approximately 750 offices, 45,000 sales associates and 5,100 employees operating in 36 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to NRT's family of companies. NRT (www.nrtllc.com), a subsidiary of Realogy Corporation, operates Realogy's company-owned real estate brokerage offices under the world-renowned brand names of Coldwell Banker®, Coldwell Banker Commercial®, ERA®, Sotheby's International Realty® and The Corcoran Group®. Realogy is the world's leading real estate brokerage franchisor.