Coldwell Banker United, REALTORS(R) and Century 21 Southern Homes Join Forces
June 2, 2009
CHARLESTON, SC – June 2, 2009 – Jeffrey Wheeler, president and COO of Coldwell Banker United, REALTORS and C.J. Crankshaw, owner of Century 21 Southern Homes, announced today that Southern Homes will become a part of Coldwell Banker United, REALTORS.
The two companies will combine market share and will have more than 145 agents serving the Greater Charleston area. Southern Homes has 45 agents in its Goose Creek office. Coldwell Banker currently has 100 agents collectively in the Summerville, West Ashley and Mount Pleasant offices.
Tom Martin, senior vice president for Coldwell Banker United, REALTORS, said while many offices and companies are pulling back, Coldwell Banker is pushing forward with expansion and growth plans. When two powerhouse brands combine market share and streamline resources, we are able to expedite our plans for growth in the greater Charleston area, said Martin. CJ Crankshaw has built a strong company with highly professional agents. We are very proud to be affiliated with this company and are confident that this move will enable us to provide increased and extended service to our customers. Combining these companies makes perfect sense from both an economic and strategic perspective. It will also allow us to take advantage of synergies in relocation, accounting, and education.
Coldwell Banker United, REALTORS is the number-one Coldwell Banker franchise in sales transactions in America. The company expanded its operations significantly in 2007 and 2008 and currently services six states – which includes North and South Carolina. With Southern Homes on board, Coldwell Banker United, REALTORS has 26 offices in the Carolinas, including four offices in the Charleston area. This combination brings Coldwell Banker United, REALTORS into the top-five real estate companies in Charleston in terms of market share.
About Coldwell Banker United, REALTORS(R)
Coldwell Banker United, REALTORS(R) was founded by Richard A. Smith in College Station, Texas, in 1970. The company has grown to 77 residential offices and three commercial offices in six states, with over 2,400 sales associates and over 450 employees. Coldwell Banker United, REALTORS(R) is the #1 company in the Coldwell Banker network of independently owned affiliates as measured in transaction sides.
According to REAL Trends, an industry trade publication, in 2008 the company ranked #5 among all U.S. real estate companies in transaction sides. For more information, log on to http://www.cbunited.com/.
