Fifteen Coldwell Banker Residential Brokerage Agents Rank Among Top 400 in U.S., New Survey Shows

San Ramon, CA, June 28, 2009 --(PR.com)-- Coldwell Banker Residential Brokerage, the Bay Area’s leading real estate services company, announced today that 15 of its agents ranked among the top 400 real estate professionals nationwide last year – more than any other brokerage in Northern California.

The results were from the fourth annual “Real Estate Top 400,” a national sales ranking sponsored by The Wall Street Journal, lore magazine, and REAL Trends. Coldwell Banker Residential Brokerage had the strongest showing among local real estate companies, with more than three times the number of agents making the prestigious list than any other firm. The annual report ranks top practitioners in the United States by sales volume and number of transactions, both for individual agents and teams of agents.

Ten Coldwell Banker Residential Brokerage sales associates from the Bay Area and Sacramento ranked among the top 100 nationwide for sales volume last year, while another four agents ranked among the top 100 real estate teams. One other Bay Area agent ranked among the top 100 for number of transactions. The 15 agents outpaced the results of more than one million real estate agents nationwide.

In its announcement, The Wall Street Journal noted that the housing professionals succeeded in one of the most difficult markets the nation has ever faced. Sales of existing homes fell 13 percent last year while new-home sales dropped 38 percent. In addition, consumer credit was extremely hard to come by as banks dealt with loan defaults and foreclosures. “Yet amid those wheezing numbers, many agents and brokers have found a way not just to breathe easier but thrive,” the Journal reported.

“The best individual agents and teams found a way to keep business steady or keep growing,” said Steve Murray, founder of REAL Trends, the Denver-based publishing company that compiled the list. “They cranked it up, understanding it’s about communications to past customers and prospects, marketing, and staying face to face with clients.”

James Madison, an agent in Coldwell Banker Residential Brokerage’s Santa Rosa office, led all company sales associates last year with 486 transactions valued at more than $149 million. That ranked him 10th nationally for transactions and 13th for sales volume in the Top 400 survey.

The other Coldwell Banker Residential Brokerage sales associates who made the top 100 ranking for individual sales volume were Tim Allen, a Carmel agent; Nina Hatvany, San Francisco; Hugh Cornish, Keri Nicholas, and Hanna Shacham, Menlo Park; Carlos Kozlowski, Sacramento; Erika Demma, Woodside; Jim Arbeed, Burlingame; and Glenn Beaubelle, Orinda. Kozlowski and Glenn Adams of Vacaville ranked in the top 100 for number of transactions.

Four Coldwell Banker Residential Brokerage agents from the Bay Area also ranked among the top sales teams last year, including Malin Giddings of San Francisco, Tom LeMieux of Menlo Park, Bill Gorman of Saratoga, and Royce Cablayan of Los Altos.

“We are extremely proud of the national recognition these 15 outstanding agents received,” said Rick Turley, president of Coldwell Banker Residential Brokerage in the San Francisco Bay Area. “These agents are the best of the best in the real estate industry. They’ve succeeded in the most challenging housing market we’ve seen in years because of their long track record of delivering results for the most discriminating home buyers and sellers. This reaffirms that the very best Realtors in the country work for Coldwell Banker Residential Brokerage.”

Nationwide, Coldwell Banker Residential Brokerage once again had an excellent showing in the Top 400 rankings with more agents and teams than any other company in the U.S. Company agents earned 18 of the top 100 spots for sales volume and 14 of the top 100 rankings for number of transactions. In addition, Coldwell Banker Residential Brokerage teams secured 20 of the top 100 spots for sales volume and 13 of the top spots for transactions.

The Real Estate Top 400 awards program was developed jointly by The Wall Street Journal’s Business Development Group and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry, and lore magazine, the “people” magazine for the industry. The Real Estate Top 400 honors America’s elite real estate agents and their companies and is compiled and analyzed by REAL Trends. Winners were published in a special advertising supplement of The Wall Street Journal, lore magazine and on www.loremagazine.com.

About Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage is the largest residential real estate brokerage in Northern California and serves the markets from Monterey to Tahoe and nearly every market in between. The company has 61 office locations and more than 3,600 sales associates throughout Northern California. Last year the company handled more than 16% of all home sales in the Bay Area, more than double its nearest competitor. Through its internationally renowned Coldwell Banker Previews® program, the company leads the luxury home market, selling more than 27% of properties that sold for more than $3 million and more than 33% of homes priced above $5 million. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT has more than 900 offices and 56,000 sales associates operating in more than 35 major metropolitan areas. A subsidiary of Realogy Corporation, NRT operates Realogy’s company-owned real estate brokerage offices. For more information please visit www.CaliforniaMoves.com or call 925.275.3085. DRE # 00313415.

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