Coldwell Banker(R) Continues to Grow its Franchise Network

Coldwell Banker(R) Continues to Grow its Franchise Network

Six Companies Joined System in Second Quarter; 15 Affiliated Companies Grew Through Mergers and Acquisitions

September 16, 2008 // // PARSIPPANY, N.J. — Coldwell Banker Real Estate LLC announced today that six residential real estate brokerage companies joined the Coldwell Banker® system during the second quarter of 2008. Additionally, 15 existing Coldwell Banker affiliated companies grew their operations through expansion or mergers and acquisitions.

Two companies joined the Coldwell Banker system from the Phoenix, Ariz., area, including Coldwell Banker Trails and Paths Premier Properties in Mesa. The 12-year-old firm, headed by husband-wife team Ron and Debbie Brown, grew to 30 sales associates who specialized in the high end market prior to joining Coldwell Banker.

"We got to a point where we couldn't grow anymore without aligning with a national brand," Ron Brown said. "For us, the decision to join Coldwell Banker was easy. Coldwell Banker has the strongest name in the industry and without a doubt the best marketing platform led by The Coldwell Banker Previews International® program was critical to us so we could better service current and future $1 million and up buyers and sellers. In four months with the brand, we increased our size by 12 incredibly seasoned, mature and excellent agents who were drawn to Coldwell Banker and Coldwell Banker Previews International marketing abilities.

"It is hard for independents to compete," continued Brown. "Consumers have a natural tendency to want a notable brand. Now we have that. Because of our affiliation with Coldwell Banker, we can now offer the consumer more than we could before. Sellers are benefitting because we are now able to reach a much greater audience with Coldwell Banker."

Below is a list of companies that joined the Coldwell Banker residential system during the second quarter:

Company Town State Broker(s)/Owner(s)
Coldwell Banker Bentley Phoenix Ariz. Sue Bentley, Randy Whiteside
Coldwell Banker Homesale
Realty Wis. Roy Scholtka
Coldwell Banker
Preferred Elite Kingman Ariz. William Schonsheck, Bruce E. Fuller
Coldwell Banker
Select Professional Lancaster Pa. Ryan Hess, Ronald Felpel, Quentin Miller
Coldwell Banker
Lake Real Estate Group Lake Ozark Mo. Tonia Grein
Coldwell Banker Trails and
Paths Premier Properties Mesa Ariz. Ronald Brown, Debra Brown

The following Coldwell Banker affiliated companies expanded their residential operations during the second quarter through mergers/acquisitions or by opening new branch offices:

Company Town State Broker(s)/Owner(s)

Coldwell Banker Robert Gary Rabon, Wallace Peiffer,
Advantage Henderson N.C. Eddie Ferguson, Edwin Speas

Coldwell Banker Port Robert Kellar, Sr.,
Coast Real Estate Corp. Saint John Fla. Robert Kellar, Jr, Muriel Kellar

Coldwell Banker Springfield, Ill. Thomas Harrington Jr
Devonshire Realty Timothy Harrington

Coldwell Banker
Frascatore Realty Shelton Conn. Michael A. Frascatore, Jr.

Coldwell Banker
Grandy-Tiller & Assoc. Lamar S.C. Deborah Gandy

Coldwell Banker East Monroe
Group One Realty West Monroe La. Daryl Beasley

Coldwell Banker Grand Ben S. Carnes,
Home Owners Realty, Inc. Junction Colo. John Huff

Coldwell Banker
Itildo Inc. Genoa Nev. Marsha Tomerlin

Coldwell Banker
Lake Real Estate Group Lake Ozark Mo. Tonia Grein
Coldwell Banker
Real Estate Solutions Denton Tex. Brandon Erwin

Coldwell Banker Mountain Michael Dagley,
Red Mountain Realty Brook Ala. Rush Denson, Ryan Parker

Coldwell Banker Janesville Wis. Peter Sveum, Phillip Sveum, Randall
Success Borman, Jennifer Wagner, Henry Londo

Coldwell Banker The Egg Harbor Wis. Joyce Bytoff, Otto Bytoff
Real Estate Group, Inc.

Coldwell Banker The Cuero Tex. Lee Swearingen
Ron Brown Company

Coldwell Banker Mount Tex. Richard Smith
United, Realtors Pleasant
Charleston S.C. Richard Smith

About Coldwell Banker®

Since 1906, the Coldwell Banker® organization has been a premier full-service real estate provider. In 2007, Franchise Times magazine's prestigious Top 200 issue ranked the Coldwell Banker system No. 1 in real estate for the eighth straight year and 12th among franchisors in all industries. The Coldwell Banker System has approximately 3,600 residential real estate offices and 110,000 sales associates in 47 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury property through its Coldwell Banker Previews International® division. It is a pioneer in consumer services with its Coldwell Banker Concierge® Service Program and award-winning Web site, Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. Each office is independently owned and operated.



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