Coldwell Banker Residential Brokerage’s Jennifer Sowers and Carol Snyder Sell Severna Park Colonial for $1.85 Million

Coldwell Banker Residential Brokerage's Jennifer Sowers and Carol Snyder, of the company’s Severna Park office, represented the sale of the Colonial-style mansion at 1105 Bellevista Court, in Severna Park, for $1.85 million.

“This home is an example of the changing housing market in Anne Arundel County,” said Sowers. “This closing is one of the highest selling non-waterfront, and non-water view, sales since 2008. There is a renewed demand for homes in this price range.”



Built in 1984 in the Belleview Estates community, this stately home was renovated in 2004 and boasts nearly 9,000-square feet that spans four-finished levels. This four-bedrooms-seven-bath home features a gourmet kitchen, a stunning great room with 23-foot ceilings and fireplace, a custom 1890’s Belgium bar patterned after McGarvey’s Saloon in Annapolis, billiards area, 800-bottle wine cellar with tasting area and his and hers offices.



The top level of the home features a full-personal gym with skylights, mirrored walls and full audio system with built-in speakers. Outdoors, there is a pool that features a 10-foot diving area, 10-person hot tub and beach area. The custom iron and brick work on the rear of the home offers terraced entertaining space with an outdoor kitchen, and a lower-level pergola that leads to the private garden and sport court.

“Buyers in this price range are willing to purchase these properties at or close to list price if they perceive value,” added Snyder. “Inventory in all price ranges in Severna Park are down 41.9% since April 2012. In comparison, Anne Arundel County inventory is down 22.6%. This decrease in inventory coupled with the consistently low interest rates has spurred an increase in demand in most markets."

Coldwell Banker Residential Real Estate’s Jeanne Nicastri Wins Top Residential Real Estate-Individual at R.E.A.L. Awards

Coldwell Banker Residential Real Estate's Jeanne Nicastri, sales associate in the company’s Coral Gables office, was named the top Residential Real Estate-Individual at the Real Estate Achievers & Leaders (R.E.A.L.) awards ceremony, presented by The Greater Miami Chamber of Commerce, on May 10th.

“I am so happy to be acknowledged as an achiever and leader in the real estate industry,” said Nicastri. “I am so proud to have been an important part of Miami’s growth over the last 20 years.”


The Greater Miami Chamber of Commerce’s R.E.A.L. awards recognized real estate professionals who have achieved success in their respective fields during the 2012 year, while also being leaders in the community. In the Residential Real Estate category, nominees were judged on excellence in leasing and sales closed, dollar amount of transactions, customer service, innovativeness, and overall track record related to efficiency, professionalism and teamwork.

“We are very proud and honored to work with Jeanne,” said Ingrid Carlos, Branch Manager, Coldwell Banker Residential Real Estate, Coral Gables. “She is an international superstar in real estate and continues to prove it in her many accomplishments and affiliations throughout the world.”

Nicastri, who earned Coldwell Banker Residential Real Estate’s Legend’s Society recognition in 2012, is the founder and chairman of the Master Brokers Forum, Inc., and prides herself on International marketing strategy for her listings. She has been profiled in Who’s Who in International Business in South Florida and is a member of FIABCI, International Federation of Realtors Worldwide (Miami Chapter) and the International Council of Realtor Association of Greater Miami and the Beaches. She is also a regular attendee of conferences at the United Nations in New York and conferences in London.

“When I founded the Master Brokers Forum in 1993, I spoke at one of the first meetings about my vision for the future of Miami,” added Nicastri. “I predicted the city’s growth into one of the most important global cities for international business, and I’m happy to see that vision become a reality, and have Miami the eighth ranked city in the world for luxury real estate.”

“It is exciting to have Jeanne in our office, and keep up with all of her international travels,” said Charlette Seidel, Branch Manager, Coldwell Banker Residential Real Estate, Coral Gables. “She is already so knowledgeable, but she continues to expand her understanding and business in the international arena of real estate. She is a great associate to work with.”

Coldwell Banker Residential Real Estate’s Tim Elmes Closes Two Million Dollar Sales in One Day

On May 8th, Coldwell Banker Residential Real Estate announced that sales associate Tim Elmes, of the company’s Fort Lauderdale-South East Beach office, had closed two, million dollar sales, IN ONE DAY!

Elmes’ listing at 2435 Aqua Vista Boulevard sold for $2.95 million, while his listing and 8 South Gordon Road closed for $2.315 million.

“The Fort Lauderdale luxury market is very positive right now,” said Elmes, a Coldwell Banker Previews International agent. “We are seeing a lot more buyers in the market place, with cash, willing to invest in the property market. There are a lot of real people out there, with real money, looking to buy. They are tired of sitting on the fence. And the potential buyers who are looking to finance are getting some record-low interest-rate loans.”

Unlike many areas of Florida that are seeing an influx of international buyers in the luxury market, Elmes has noticed that it’s the domestic buyers that have shown interest in Fort Lauderdale.

“There are a greater number of potential buyers from California this year versus years past, and I believe it has to do with their state taxes being increased,” added Elmes. “We are also seeing a lot of buyers moving north from Miami, and a steady stream of buyers from the Northeast and Midwest. Fort Lauderdale has very little traffic congestion compared to where these buyers are coming from, and I think the buyers appreciate that. This city has a small town feel, but offers an amazing airport, great restaurants, 175 miles of canals and a performing arts center that rivals anything in the nation. I’ve been to over-50 countries in my travels, yet I’ve made Fort Lauderdale my home for 33 years, so I understand the attraction to this city.”

Keller Office in Dallas/Fort Worth Donates $20,000 to Charity

Turning a task into a competition is usually a sure way to get a job done, and that’s just what Sue Meyer, President of Coldwell Banker Residential Brokerage of Dallas/Fort Worth did.  

Real estate professionals always need to increase their network of contacts, and one way to do that is with outgoing referrals – the referral of a home buyer who is moving to another area and looking to buy a home there. Coldwell Banker matches the buyer with a real estate agent in that city through the Cartus network.

So from February 1 to April 15, the 14 Coldwell Banker Residential Brokerage offices in Dallas/Fort Worth set out to place as many outgoing referrals as possible.  Their efforts were further encouraged by the opportunity for the winning office to earn a cash donation for their favorite local charities. 

The Keller office, located at 800 South Main Street was the winner. The staff at the Keller office selected Angel Paws, Emily’s Smile Boxes and the Tarrant Area Food Bank to receive a share of their $20,000 winnings.  The funds were provided by Coldwell Banker Residential Brokerage CARES Foundation.

“Although our office is smaller than many of our sister offices, the teamwork and friendly competition within the office all worked together to benefit the community,” said Ann Beardsley, branch manager of the Keller office.  “We are so proud to be able to make these donations to such worthy organizations!” 

“The contest was a win-win for all involved,” said Sue Meyer.  “Our Coldwell Banker sales associates are very dedicated to giving back to the community, so this challenge really resonated with them. We were delighted to donate $20,000 to these very worthy organizations, and were able to grow our business through these outgoing referrals.”

Coldwell Banker Residential Brokerage is a leading residential real estate company with 17 offices and nearly 750 sales associates serving the communities of Dallas/Fort Worth. Worldwide, the Coldwell Banker network includes 3,100 offices with over 82,000 sales associates spanning more than 50 countries.  Every day, Coldwell Banker Residential Brokerage properties are exposed to 16 million buyers on more than 575 high-traffic websites. For more information or to view local listings, visit CBDFW.com.  Coldwell Banker Residential Brokerage is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company.

# #

COLDWELL BANKER RESIDENTIAL BROKERAGE CARES IS A CHAPTER OF THE REALOGY CHARITABLE FOUNDATION, INC. A 501 (C) (3) PUBLIC CHARITY INCORPORATED IN DELAWARE. CHAPTER’S PRINCIPAL PLACE OF BUSINESS IS DALLAS/FORT WORTH. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING 1-800-435-7352. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. THE FOUNDATION’S TAX ID IS 20-0755090.

Ken Morris Named DM in Dallas/Fort Worth

^{Coldwell Banker Residential Brokerage in Dallas/Fort Worth has promoted Ken Morris to District Manager.  This is a new position for the company, and he will report directly to Coldwell Banker Residential Brokerage President, Sue Meyer. Ken was a top producing sales associate for Coldwell Banker for 18 years, and has been the manager of Coldwell Banker’s® Lakewood office for the past two years.}

^{“I am confident that Ken’s extensive real estate background and leadership skills will be instrumental in strengthening our sales teams and our company for continued growth and success,” said Meyer.}

^{Ken will oversee and manage the development of Coldwell Banker offices in Frisco, Irving, Park Cities, Plano and Rockwall, in addition to managing the Lakewood office.  He joined Coldwell Banker 20 years ago as a sales associate.} 

^{“There is not a day that I have regretted my career choice in real estate,” said Ken Morris. “I have lived the last 20 years of my life by this quote from Walt Disney: All our dreams can come true – if we have the courage to pursue them. Real estate and Coldwell Banker have given me that opportunity.”}

^{Ken is active with several charitable causes in the Dallas/Fort Worth community.  He is a 2013 co-chair of the Black Tie Dinner, an annual event held in November that raises an average of $1 million that is split between 20 local North Texas charities and the national Human Rights Campaign Foundation in Washington, DC. To date, Black Tie has distributed $17 million to charitable groups.}  

^{Coldwell Banker Residential Brokerage is a leading residential real estate company with 14 offices and more than 725 sales associates serving the communities of Dallas/Fort Worth. Worldwide, the Coldwell Banker network includes 3,100 offices with over 85,000 sales associates spanning more than 50 countries.  Every day, Coldwell Banker Residential Brokerage properties are exposed to 15 million buyers on more than 550 high-traffic websites. For more information or to view local listings, visit CBDFW.com.  Coldwell Banker Residential Brokerage is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage com}

We're #1! Again!

REALOGY Subsidiary NRT RANKED No. 1 RESIDENTIAL REAL ESTATE BROKERAGE COMPANY for 16th Consecutive Year

MADISON, N.J., (May 2, 2013) – For the 16^th consecutive year, NRT LLC was ranked as the nation’s No. 1 residential real estate brokerage company in the annual REALTrends 500 report in both categories — closed sales volume and closed transaction sides. In 2012, NRT’s sales volume of $128.7 billion on a pro forma basis was approximately three times higher than the next company on the list. NRT also closed more transactions than any other company, with 289,614 transaction sides.

“We are proud of NRT’s leading position on this prestigious industry ranking,” said Bruce Zipf, president and CEO, NRT LLC. “Today’s homebuyers and sellers seek higher levels of expert knowledge and service, and this recognition is further validation on top of the feedback that we receive that our agents go the extra mile for their customers and clients.”

The REAL Trends 500 is an annual research report that identifies the country’s largest and most successful residential firms as ranked by closed transaction sides and separately by closed sales volume. REAL Trends, Inc. is a leading source of analysis and information on the residential brokerage and housing industry.

NRT owns and operates approximately 710 offices and has 41,200 sales associates in 35 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures also provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to customers and clients of NRT's family of companies.

A subsidiary of Realogy Holdings Corp. (NYSE: RLGY), NRT 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 a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.

“Big Game” James Shields Selects Coldwell Banker Residential Real Estate’s Alayna Sherwood to Sell His Clearwater Home

Coldwell Banker Previews International just announce that sales associate Alayna Sherwood (Coldwell Banker Residential Real Estate, South Tampa office) was selected by former Tampa Bay Ray, and current Kansas City Royals pitcher, James Shields, to sell his Clearwater home for $1.15 million.



“This home is best described as ‘livable luxury,’” said Sherwood. “It is certainly a high-end home, but it has a very comfortable feel. It also sits right in the heart of Clearwater, Florida, so it’s close to the beaches and a short trip over a bridge to Tampa.”



Located in the prestigious Renaissance Oaks gated community, the four-bedroom, four-bath home offers 4,581 square feet of living space and features a ‘man cave’ that boasts a custom 80’ projection screen with seating for four, and a kitchen area with refrigerator. The outdoor area is highlighted by a kitchen area designed for grilling, and a salt water pool.

“This home is perfect for anyone who enjoys entertaining guests, indoors or outdoors” added Sherwood. “The upgrades and detail provided throughout the home makes it both very unique and functional at the same time.”

Coldwell Banker Residential Brokerage (Baltimore) Named Lead Partner in Families Living United Food Week

Coldwell Banker Residential Brokerage in Baltimore is teaming up with the United Way of Central Maryland for "Families Living United Healthy Food Week." From May 3rd through May 11th, Coldwell Banker offices in the Baltimore area will serve as drop-off locations for those looking to donate healthy food for the drive.

Recently, Dean Cottrill, Coldwell Banker Residential Brokerage, President, Baltimore, was a guest on Comcast's "News Makers" program to discuss the importance of the access to healthy food initiative and how CBRB plans to contribute to the United Way of Central Maryland's efforts. You can view the interview here.

According to the United Way of Central Maryland, spring and summer are an extremely slow time for food donations leaving shelters, food banks and pantries, and soup kitchens with empty shelves. But along with the need for donations, the need for healthy food is greater than ever. More than 300,000 children and adults in central Maryland do not have adequate nutrition and access to healthy foods. The Access to Healthy Food Initiative aims to change that, and during the first-15 months of the program, 3.4 million pound of healthy food has been donated.

For a full schedule of events, drop-off locations and suggested items to donate click here.

Coldwell Banker Residential Real Estate's Francisco Angulo Goes One-on-One With Business Monday

Coldwell Banker Residential Real Estate's Francisco Angulo recently sat down with The Miami Herald's Business Monday to discuss, among other things, the residential real estate market in Miami, the influence of international buyers in the area, and his goals for launching an Asian Real Estate Agents Association.

Angulo (Coconut Grove) is the regional coordinator to South America for the National Association of Realtors and has led various seminars on international residential sales for the Miami Association of Realtors, where he is the 2013 president-elect for the residential board.

Below is a sample from his Q&A:

Q: What are some of the key things that international buyers are looking for in Miami real estate?

If they are moving to Miami, they are looking for public schools, safe neighborhoods, immigration options, and legal advice about taxes, among the top of the list.

If they are investors, international buyers are looking for a stable environment to invest their dollars and have an option to have a profit and a potential getaway to escape to Miami for political reasons in their country.

There are numerous reasons why international buyers continue to choose Miami-Dade as a location to invest in real estate, including accessibility to the sunny weather, excellent beaches, unmatched connectivity through state-of-the-art, reliable network facilities, and a highly trained, multilingual workforce that facilitates business.

Q: When you travel abroad to promote Miami’s real estate market, what questions do you get from real-estate agents and prospective buyers?

Is the market back? When is the good time to buy? Are there still any bargains? I get phone calls or emails from buyers who are lost and don’t know where to start. Assembling a good team is crucial. That includes a professional to guide them through the process, including a real estate agent and an attorney who are experienced in working with foreign homebuyers and an accountant to properly plan their future.

To read the entire article, click here.

NEW COLDWELL BANKER REAL ESTATE STUDY REFLECTS AMERICA’S CHANGING VIEWS ON MARRIAGE WITH MORE YOUNG COUPLES PURCHASING HOMES TOGETHER BEFORE THEIR WEDDING DAY

Should couples wait until marriage? Times are changing, and a new study from Coldwell Banker Real Estate LLC uncovered that about one in four married couples between the ages of 18 to 34 purchased their first home together before their wedding date, compared to 14 percent of those ages 45 and older. According to the survey, 35 percent of all married couples purchased their first home together by their second wedding anniversary, and 80 percent of married homeowners who purchased their home while married said it did more to strengthen their relationship than any other purchase they made together.

“While life goals and expectations continue to weigh on young couples, their views of homeownership are transcending their plans of marriage and starting a family, creating a direct effect on the patterns of buying a home altogether,” said Dr. Robi Ludwig, a leading psychotherapist and Coldwell Banker Real Estate LLC lifestyle correspondent. “What we’re seeing is that young couples are switching up the order and purchasing their first home regardless of whether or not they have set a wedding date. This is a huge movement within the American culture. While younger generations may be focusing more on their career, and in turn waiting longer to get married and have children, they are not delaying their dream of homeownership.”

Survey Trends: Love, Marriage and Homebuying

• New Homes for Newlyweds: More than one in three married homeowners (35 percent) purchased their first home together by their second wedding anniversary.

• Cold Feet? Not These Couples: 17 percent of all married couples surveyed purchased a home together before their wedding day.

• Millennials are Less Likely to Wait Until Marriage: 24 percent of married homeowners ages 18 to 34 bought a home together before they were married, compared to 14 percent of those ages 45 and older.

• Southerners Take Their Time: 72 percent of married Americans in the South waited until after they were married to purchase a home, compared to 60 percent of Americans in the Northeast.

• To Have and to Hold … and to Own: Only 16 percent of married U.S. adults have not purchased a home together with their current spouse.

You can read the complete survey results here, and be sure to stop by Coldwell Banker's Blue Matter Blog where Dr. Robi Ludwig did a guest post where she gives her thoughts and take-aways from this study.

Coldwell Banker Residential Real Estate's Jeanne Nicastri Nominated For Two R.E.A.L. Awards

Coldwell Banker Residential Real Estate's Jeanne Nicastri has been nominated by the Miami Realtors for two Real Estate Achievers & Leaders (R.E.A.L.) Awards. The 2013 South Florida R.E.A.L. Awards take place on May 10th and honor South Florida's Real Estate Achievers and Leaders. Nicastri, who works out of Coldwell Banker’s Coral Gables office, is a finalist for the residential-individual award, as well as the residential-international award.



In 2012, Nicastri earned the Legend's Society Award, an honor bestowed upon the top Coldwell Banker sales associates in the country. She prides herself on her International marketing strategy for her listings. She has been profiled in Who’s Who in International Business in South Florida and is a member of FIABCI, International Federation of Realtors Worldwide (Miami Chapter) and the International Council of Realtor Association of Greater Miami and the Beaches. Nicastri is also a regular attendee of conferences at the United Nations in New York and conferences in London.

Oscar-Winning Actor Matt Damon Selects Coldwell Banker Residential Real Estate’s The Jills® to List Miami Mansion

On April 12, Coldwell Banker Residential Real Estate’s number one ranked sales team worldwide, Jill Eber and Jill Hertzberg, known as The Jills®, made national news when they announced that they listed Oscar-winning actor Matt Damon’s stunning North Bay Road-mansion for $20 million.

“From the moment you step inside the beautiful courtyard entrance, you are immediately surrounded by spectacular, sweeping panoramic views and you instantly begin to see what makes this property truly special,” said Jill Hertzberg. “This rare jewel in the heart of Miami Beach is an incredible setting for anyone lucky enough to enjoy the fabulous lifestyle this address provides.”

Situated on a 43,000-square-foot double-lot, this seven-bedroom, 10-bathroom mansion boasts 170-linear feet on Biscayne Bay. The property also features a home theater, private terrace attached to the master suite, a spa-quality master bath, a roof terrace and a two-bedroom guest house.

"Exclusive North Bay, with its mega mansions, is home to many celebrities and people seeking the privacy of the wide unobstructed bay views and magnificent sunsets," added Jill Eber. “If you want to live in a home that has the most breathtaking views in one of Miami Beach’s most coveted locations, then you must see this property.”

Nationwide Open House This Weekend!

The Nationwide Open House Weekend is this Saturday and Sunday, when thousands of residential properties for sale will open their doors for buyers to view. We're experiencing low inventory this spring, so it's a great opportunity for buyers to view lots of homes for sale in a short amount of time. To find open houses in your area, click on the following links:

• Annapolis homes for sale
• Atlanta homes for sale
• Baltimore homes for sale
• Dallas homes for sale
• Delaware Beaches homes for sale
• Florida homes for sale
• Fort Myers homes for sale
• Fort Worth homes for sale
• Miami homes for sale
• Naples homes for sale
• Northern Virginia homes for sale
• Palm Beach homes for sale
• Sarasota homes for sale
• Tampa/St. Pete homes for sale
• Washington, D.C. homes for sale

Coldwell Banker Residential Brokerage Listing Selected as 2013 DC Design House

Coldwell Banker Residential Brokerage recently announced that sales associate Marty Apel’s listing at 2507 Foxhall Road, NW, Washington, DC was selected for the 6th Annual DC Design House benefiting Children’s National Medical Center.

“I am very flattered that this listing was selected as the Design House for this year,” said Apel, who works out of the Coldwell Banker Residential Brokerage’s Bethesda office. “This home is an exceptional property, designed and built for elegant entertaining by the award-winning team at GTM Architects and Gibson Builders. It’s the perfect home to host such a wonderful event.”

The newly built, 14,000-square-foot Wesley Heights home is currently listed at $14.9 million and offers eight bedrooms, eight full baths and four half baths on five levels. In the coming weeks, the home will serve as an artistic canvas for 25 designers to put their personal and professional touch, and in the process raise money for the Children’s National Medical Center.

“The DC Design House Committee chose this home because of its newness, as well as its spacious, elegant rooms, multiple levels, features and amenities which they felt offered many possibilities for interior design,” added Apel. “I look forward to seeing how the designers will transform the home and its spaces with their installations of beautiful furnishings and décor.”

The main floor’s marble foyer leads to formal living and dining rooms with fireplaces and light-filled bay windows. A two-sided fireplace separates the family room and library, while the high-end kitchen, with breakfast room, overlook fabulous outdoor living and entertaining areas, with an infinity pool.

The second floor offers an elegant owner’s suite with sitting room and opulent bath, as well as three additional bedrooms with private bathrooms and a second laundry room. The third floor loft with skylights, wet bar and balcony offers beautiful and sweeping views of Washington, D.C.’s cityscape and monuments. Two more bedrooms and a bath complete this level.

The lower level billiard and recreation rooms adjoin the catering kitchen, main laundry room, mudroom and powder room, plus dual two-car garages. The second lower level includes a media room, exercise room with sauna and full bath, and two bedroom suites. The infinity pool is accessed from this level.

2013 DC Design House Dates to remember:

- February 23, Bear Bones Tour, 10 a.m. to 3 p.m., $5 (Free with purchase of a $25 DC Design House ticket)
- April 9, Press Day, 11 a.m. to 3 p.m., RSVP to sherry.moeller@mokimedia.com
- April 13, Preview Party, 1 to 5 p.m., $50, www.dcdesignhouse.com
- April 14, Opening Day for public tours, Saturday and Sunday noon to 5 p.m. and Tuesday-Friday 10 a.m. to 3 p.m., $25
- May 12, Last Day of the 2013 DC Design House

DC Design House Inc. is comprised of all-volunteer Corporate Officers Skip Singleton, Sandy Steele and Taylor Wells who work in concert with an all-volunteer Executive Committee including Susan Hayes Long (chair), Kathy Barker, Karen Beiley, Terry Castellani, Diana DellaVilla, Christina Emmerman, Bill Gardner, Sherry Moeller, Ami Susan Petruccelli, Sharon Putterman, Randie Reilly, Stephanie Robinson, Jean Seline, Jill Watson, and Susan Wisor. This year’s design advisors include Ann Lambeth, Kelley Proxmire and Frank Babb Randolph.

Boutiques including For Ewe by Edie Adelston, Ibhana Creations by Meena Tharmaratnam, Jeff L. Designs by Jeff LiaBraaten, Whyte House Monograms by Debbie McCarthy Whyte, and Coco Blanca will be set up on the lower level with a percentage of sale proceeds donated to Children’s National Medical Center. Sponsors to date include Angie Seckinger Photography, Child Health Center Board, DC Living Real Estate, Farrow & Ball, Foxcraft Design Group, Home & Design, Horizon Houseworks, Loft at AI, MoKi Media, PhRMA, Supon Creative, Tobin, O’Connor and Ewing, and William John Gardner Design Studio.

About the DC Design House
The Washington, DC Design House, a 501(c)3 nonprofit entity, began in 2008 as a unique design show house event for the DC Metro area in which top area designers showcased their talents into a “flowing design home” to raise funds for a local charity. What began as a single event goal to raise funds for Children’s National Medical Center has developed into the region’s foremost annual residential design attraction and as a leading annual fundraiser event for Children’s National Medical Center. Established by business partners and husband-and-wife founders Skip and Debbie Singleton, Principals of DC Living Real Estate, LLC, in partnership with an all volunteer team of sponsors, organizers, regional media, design industry manufacturers and some of the nation’s most awarded and widely recognized designers. The DC Design House quickly earned a following with more than 45,000 visitors and more than $800,000 raised for Children’s National Medical Center over the last five years. The tradition continues with the 2013 DC Design House. For more information, visit www.dcdesignhouse.com, Facebook and Twitter.

About Children’s National Medical Center
Children’s National Medical Center in Washington, DC, has been serving the nation’s children since 1870. Home to Children’s Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation, Children’s National is consistently ranked among the top pediatric hospitals by U.S.News & World Report and the Leapfrog Group. With 303 beds, more than 1,330 nurses, 550 physicians, and seven regional outpatient centers, Children’s National is the only exclusive provider of pediatric care in the Washington metropolitan area. Children’s National has been recognized by the American Nurses Credentialing Center as a Magnet® designated hospital, the highest level of recognition for nursing excellence that a medical center can achieve. For more information, visit www.ChildrensNational.org, receive the latest news from the Children's National press room, or follow on Facebook and Twitter.

Coldwell Banker Residential Real Estate’s William P.D. Pierce Represents the Most Expensive Penthouse Sale in Miami’s History

On March 6th, Coldwell Banker Residential Real Estate and Miami Beach sales associate, William P.D. Pierce, made headline news when it was announced that Pierce represented the sale of Penthouse 1601 and 1602 at The Residences at The Miami Beach EDITION for $34 million, making it the most expensive penthouse sold in Miami’s history. The yet-to-be-completed triplex-penthouse will feature eight bedrooms, eight and three-half bathrooms and 16,271 square feet of total space.

“This record-breaking sale exemplifies the wonderful flexibility that Miami Beach offers,” said Pierce. “The buyer is combining two units and capitalizing on the stunning ocean view, as well as bay and city views. There will be a nearly 360 degree view of our beautiful city. Add in two pools, access to a world-class chef in Jean-George Vongerichten and a penthouse that offers mansion-style living, and you have an unbelievable lifestyle that fits the needs of elite clientele.”


The EDITION, an Ian Schrager-project, was introduced as 26 limited-edition residences that sit on the top floors of the existing Miami Beach EDITION hotel, as well as in an adjacent, newly constructed 18-story tower. Each unit offers the privacy and individuality of a custom, one-of-a-kind home, with exclusive access to all the services, privileges and amenities of a world-class urban resort.

”There is simply nothing else like The Residences at The EDITION currently in the marketplace. We tried to capture the details of life in the details of the architecture,” says Schrager. “Each unit has commanding panoramic view, and is a one-of-a-kind, custom one-off. This makes them perfect for the new world traveler and global citizen looking to establish roots in the new Miami.”


Designed by world-renown architect John Pawson, the outdoor spaces at The Residences feature “Outdoor Rooms” that invite effortless continuity between indoor and outdoor living. These extraordinary outdoor spaces feature private lap pools and plunge pools, outdoor kitchens, dining areas, fireplaces and pergolas. Inside, Pawson focused on an unparalleled level of finishes to create maximum comfort, functionality and aesthetic pleasure. Each residence features open Bulthaup kitchens with islands, as well as master bathrooms with Italian white onyx translucent screens and custom-cast integral concrete bathtubs and sinks.

“We are certainly seeing a rise of interest in the high end penthouse market,” added Pierce, who also represented the sale of the penthouse at The W™ South Beach for $9.4 million. “People in the ultra-luxury market own multiple properties and they are seeing the advantage of the many services that are offered in buildings like The EDITION. And Miami Beach offers all the amenities and services, along with great weather and art, culture and fun.”

To read more about the sale, click here.

Coldwell Banker expands into Brevard County!

We're on a roll!

 

NRT’s Coldwell Banker Residential Real Estate in Florida Acquires Two Companies
and Expands into Brevard County 

Melbourne, Fla. (April 3, 2013) – Coldwell Banker Residential Real Estate LLC, the largest residential real estate brokerage in Florida,  announced today that it has acquired the assets of two companies in Brevard County, Fla., a new market for the company.  Pruitt Real Estate has two offices and approximately 70 sales associates, and Keldorff, Inc., which does business as ERA Showcase Properties & Investments, has seven offices and more than 100 sales associates.  With the acquisitions of these two companies, Coldwell Banker Residential Real Estate has more than 80 offices and nearly 4,800 sales associates in Florida.

Coldwell Banker Residential Real Estate LLC is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY).

“We are very pleased to welcome Pruitt Real Estate and ERA Showcase Properties & Investments to our operations,” said Clark Toole, president of Coldwell Banker Residential Real Estate in Florida.  “Their professionals bring an excellent reputation in the industry and local community, and we are especially excited that these acquisitions will expand our footprint into a new part of the state.  This further strengthens our leadership throughout Florida and helps us better serve our relocation clients.”

Under the leadership of Michael Pruitt and his father, James H. Pruitt before him, Pruitt Real Estate has provided professional real estate services to the local community since 1954.  A prominent and respected business leader committed to fostering economic growth in Brevard County, Pruitt will become a managing broker with Coldwell Banker Residential Real Estate and manage its Brevard County offices. 

“Our firm has played an important role in Melbourne’s real estate industry for almost 60 years, and we look forward to entering this new phase of our growth,” said Michael Pruitt. “Being a part of Coldwell Banker Residential Real Estate will enable us to be part of a global network with incredible brand strength, online reach and marketing resources, which will benefit both our clients and our sales associates.”

Barb Keller and Jean Burgdorff purchased ERA Showcase Properties & Investments in 1999, and have since built it into a highly successful company with a stellar reputation. Keller and Burgdorff will be involved with Coldwell Banker Residential Real Estate’s business development efforts.

“We believe our firm’s business philosophies and practices are a good match with Coldwell Banker Residential Real Estate and that our sales associates and customers will benefit from their global network, brand strength and online exposure,” said Keller. “We will gain access to a vast array of innovative tools and technology to support our business and provide enhanced service levels to local, national and international customers.”

These acquisitions follow on the heels of Coldwell Banker Residential Real Estate’s March  acquisition of the Luxury Team of Florida Real Estate Group based in Palm Coast, including nine sales centers, which gave the company its entrance into Flagler, Volusia and Osceola Counties.

About Coldwell Banker Residential Real Estate LLC

Coldwell Banker Residential Real Estate is a leading full-service residential real estate company with more than 80 offices and nearly 4,800 sales associates serving the communities of Central Florida, Palm Beach, Southeast Florida, Southwest Florida and Tampa Bay. Worldwide, the Coldwell Banker® network includes 3,100 offices with over 82,000 sales associates spanning more than 50 countries.  Every day, Coldwell Banker Residential Real Estate properties are exposed to 15 million buyers on more than 550 high-traffic websites. For more information or to view local listings, visit FloridaMoves.com.  Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY).

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Real Estate named the happiest profession!

CareerBliss.com has named being a real estate agent as the #1 happiest job of 2013! We're not surprised. This was based on an analysis of more than 65,000 worker-generated reviews in 2013. Who wouldn't love the freedom, ability to set your income and the excitement of controlling your own future that real estate affords agents? 

If you're interesteding in learning more about becoming a sales associate for Coldwell Banker, check out these websites for Atlanta real estate careers, Baltimore real estate careers, Dallas/Fort Worth real estate careers, Florida real estate careers and Washington DC real estate careers. Then join the winning team!

Expanding into three new Florida counties

Coldwell Banker Residential Real Estate Acquires

Luxury Team of Florida Real Estate Group, Expands into Three New Counties

Palm Coast, Fla. (March 20, 2013) – Coldwell Banker Residential Real Estate LLC in Florida announced today that it has acquired the assets of the Luxury Team of Florida Real Estate Group, based in Palm Coast.  The Luxury Team of Florida’s nine sales centers will now operate as Coldwell Banker Residential Real Estate sales offices. With this acquisition, Coldwell Banker Residential Real Estate expands for the first time into Flagler, Volusia and Osceola Counties. Coldwell Banker Residential Real Estate LLC is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY).

“We are pleased to welcome the Luxury Team of Florida to our operations,” said Clark Toole, president of Coldwell Banker Residential Real Estate in Florida.  “Their professionals bring an excellent reputation in the industry and local community, and we are especially excited that this acquisition will expand our footprint into a new part of the state — three counties where we previously did not have offices.  This further strengthens our leadership throughout Florida and helps us better serve our relocation clients.”

Under the leadership of Craig Straky, the Luxury Team of Florida Real Estate Group has provided professional real estate services to the local community since 2009.  During 2012, the Luxury Team of Florida Real Estate Group was responsible for more than $97 million in closed sales volume. A prominent and respected business leader committed to fostering economic growth in Flagler County, where the majority of the offices are located, Straky will become a managing broker with Coldwell Banker Residential Real Estate and continue to oversee the former Luxury Team of Florida offices and 30 sales associates.

“I believe our firm’s business philosophies and practices are a good match with Coldwell Banker Residential Real Estate and that our sales associates and their clients will benefit from their global network, brand strength and online exposure,” said Straky. “We will gain access to a vast array of innovative tools and technology offered through Coldwell Banker Residential Real Estate to support our business and provide enhanced service levels to local, national and international customers.”

With this announcement, Coldwell Banker Residential Real Estate acquired nine offices in Central Florida: seven in Palm Coast in Flagler County, one in Volusia County, and one at the Reunion Resort & Club in Kissimmee in Osceola County.

About Coldwell Banker Residential Real Estate LLC

Coldwell Banker Residential Real Estate LLC is a leading full-service residential real estate company with more than 80 offices and 4,600 sales associates serving the communities of Central Florida, Palm Beach, Palm Coast, Southeast Florida, Southwest Florida and Tampa Bay. Worldwide, the Coldwell Banker network includes approximately 3,100 offices with 82,000 sales associates spanning 50 countries.  Every day, Coldwell Banker Residential Real Estate properties are exposed to 15 million buyers on more than 550 high-traffic websites. For more information or to view local listings, visit FloridaMoves.com.  Coldwell Banker Residential Real Estate LLC is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company. NRT operates the company-owned brokerage operations of Realogy Holdings Corp. (NYSE: RLGY).

Coldwell Banker Previews International® Sponsors Atlanta Homes & Lifestyles Luxury Living Show

Save the date for an exquisite sensory overload, surround yourself with a dazzling display of elegant home products and services at Atlanta’s only luxury living show, taking place May 9 – 11 at Phipps Plaza. The premier décor showcase is highlighted by a full-sized luxury kitchen and glamorous master bath, which is new this year.

At Coldwell Banker Residential Brokerage, our Previews® Property Specialists are honored to serve as a Gold Sponsor for this magnificent event. Be sure to visit our display table to view our portfolio selection featuring some of Atlanta’s most luxurious residences.

$9.45 Million Casey Key Estate Hits the Market

Albert and Annette Ayers from our Sarasota Downtown office have a fabulous new listing at 1143 Casey Key Road in Nokomis, priced at $9.45 million.

The 11,000 square foot estate has 6-bedrooms, 5-full and 3-half bathrooms and has 157 feet of direct beach frontage on prestigious Casey Key. Designed by architect Cliff Scholz, the home’s amenities include a 2-bedroom guest house, outdoor bar, grill and fireplace, split 4-car garage and a meticulously manicured lawn overlooking the Gulf of Mexico. The estate offers high-end features including Venetian plaster, faux painting, a richly detailed library, computer lighting, 11 outside security cameras and WIFI. The availability of a deep water dock for up to a 70 foot yacht makes this the perfect island paradise

 “In Sarasota in 2011 nine homes sold that were priced over $5 million and the average days-to-contract was 403. In 2012 12 homes sold at that same price point but the average days-to-contract was only 200,” says Annette.  “So far this year two homes have sold above $5 million and two more are under contract and they are averaging 149 days to contract – a good sign that the luxury market is on the upswing!”

The Ayers, who have resided on Casey Key for the past 29 years, have participated in 125 transactions on Casey Key since they began their real estate career more than 20 years ago.

Home of the Week: A ‘Passive House’ for International Earth Day

Home of the Week: A ‘Passive House’ for International Earth Day

A 40-year career is certainly something to be proud of, and we're very proud of Coldwell Banker sales associate Marsha Sell, who is celebrating 40 years of selling Atlanta homes this spring! The following Q&A with Marsha ran in the Atlanta Business Chronicle last week. Congratulations on your impressive career, Marsha!

Housing meltdown did not deter 40-year agent

Atlanta Business Chronicle, March 15, 2013

H.M. Cauley, Contributing Writer

Coldwell Banker agent Marsha Sell, 71, is marking her 40th year in the Atlanta real estate market. Her career has spanned four decades of boom and almost-bust, but through it all, she has never lost the drive to be one of the city’s top-selling agents, and has been a member of the Atlanta Board of Realtors’ Multi-Million Dollar Sales Club for 37 years.

Q: How did you get started in real estate?

A: In 1973, I was in advertising, but it wasn’t working out. My husband, Carl, and I went to look at a condo in East Cobb, and a friend of ours was selling it. I figured if she could do it, I could, too. I looked for a real estate school that did not have Saturday classes — even though I was entering a field in which Saturdays are consumed with work. I met my first broker there and started at a small company in Chamblee. We literally drove around Gwinnett and DeKalb every morning for two weeks, and he taught me what to do to be successful. I became a part of two or three national agent networks, so I had people to learn from. Two years later, I switched to a company that is now Coldwell Banker, so I’ve been with the same group for that long. In 1976, I made the Million-Dollar Club, selling houses for $50,000 and $60,000. In 1999, I started to work with a full-time partner, Keith Grogan, and together we cover a wide area.

Q: What lessons did you learn that are still applicable today?

A: Back then, you knocked on doors, called on owners, held open houses. There was no MLS, no technology. But the one thing I learned is that to be successful, you need listings, and that’s what I work on. I’ve done that since Day One. I used to leave my husband on Saturdays and knock on for-sale-by-owner doors. I was scared, too; I’d left a paycheck, and we needed my income. I was always terrified I wouldn’t make it. I think that’s still key for me today. Every morning, I get up and see my listings are selling and know I need to get more. To me, having any number under 20 is a danger zone.

Q: How do you find clients in a slow market?

A: If you talk to any successful agent, they’ll tell you the backbone of the business is your sphere of influence and your clients from the past. Anytime the market changes, you always go back to the basics. I’ve also embraced technology. In today’s world, maximum exposure on the Internet is always important, and I’ve been part of that since it started. I was one of the first agents around to have my own website. We also have a blog, a Facebook page and a Twitter account. We have a number on our sales signs that lets the client reach either me or my partner at any time, and we can route it anywhere we want.

Q: What do you think has helped you thrive in this industry?

A: If I hadn’t had such a dedicated partner, I’m not sure I would have. I’ve had the support of my husband, and I’m full of energy. I’m also a workaholic; I don’t believe in giving up. I’ve always been dedicated to defending the equity of our clients. That’s one of the biggest problems we see today — so many agents believe negotiating is just meeting halfway, when it’s really doing the best for your client and giving them enough information to make the right decision.

I also have a network of agents across the country that only a few other agents in Atlanta have. In the late 1990s, I was invited to give workshops about selling, and I joined a group that taught topics loaded with knowledge. I not only learned so much, but became part of an incredible real estate family. Having a national network has enabled me to grow constantly.

But the last few years have been far more challenging than I ever thought. Back in the ’80s, when interest rates were 16 percent, I was still agent of the year for all of Coldwell Banker in Atlanta. I had a strong relocation business, too. When we headed into this market in 2008, I thought I’d be OK since I’d been able to sell houses when interest rates were double-digit. When the meltdown hit, I knew there would still be something out there if I could hang in and wait for a better market. It is getting better, and that’s why I’m still here after four years of hell. I’m going to enjoy the benefits of what we’re going to see next.

Q: What do you think the market will be like for you in the next few years?

A: It’s going to be very different but still challenging. We’ll have to learn to adapt. Inventory is down now, and that’s a problem. We’re starting to see multiple offers in some areas. We’re seeing people more dedicated to being cautious about their credit. We’re still seeing short sales, but I don’t see them being as big a part of the market as they have been.

Q: Do you see retirement in your future?

A: My husband’s been talking about my retirement for the last few years, and I’ve told him to give up. I don’t see that in my future. Unless I win the lottery, I’ll be here.

A few years ago, I received the Platinum Phoenix from the Atlanta Board of Realtors for 35 years in the Million-Dollar Club. I was only the second agent who ever got that. I’ve got a few more years to go before I hit the 40-year mark, so I’m waiting to see what they come up with!

An Early Spring in the Real Estate Market

Coldwell Banker Residential Brokerage President Paul Valentino gave a timely update on the Washington, D.C. real estate market on The Patch last week:

By Paul Valentino 
           
Northern Virginia real estate is on a wild ride! The “Spring” market is off to an early start!
Buyers wading into the housing market to take advantage of low-interest rates will find some challenges out there. 

Low Inventory – Inventory in virtually every Northern Virginia market is at historic lows.  Lots of buyers and fewer sellers means – guess what? An upward tendency in prices. 

At the end of January 2012 there were 5,795 properties for sale in Northern Virginia.  That number declined to 4,075 in January 2013, a decline of 29.68%.  New listings coming onto the market also declined 6.99%. 

If submitting an offer, expect to be in competition with another buyer(s).  This experience is increasingly common now, and unless inventory picks up, will remain a challenge for buyers.

Prices - In 2012, the average sold price in Northern Virginia increased 5.12%.  Already in January, according to RBI, the average sold price has escalated 7.9% over January last year.  Why? Basic economics; there is a lot of demand and not enough supply. We have a strong steady economy here in Northern Virginia and a lot of people have confidence in the job market.  They’re flocking into the market to lock in the low interest rates and grab a house at prices that most likely won’t remain at these levels for long.

If you’ve thought about moving up to something a bit larger, this may be the time.  Many sellers want to wait for their home price to escalate along with the market and fail to realize that the house they purchase is also escalating!  Question; with these two factors equal, how long will rates remain this low?  No one can accurately forecast this, so think about what a potential rate increase will do to your payments and how much you will qualify to buy if you wait.

Interest  Rates -  Interest rates are still attractively low and enticing a steady flow of buyers into the market.  This is causing some processing challenges for many lenders to handle the increasing volume of new, as well as refinancing, applications.  In addition, buyers will find lenders asking a lot of questions before obtaining that all important loan approval.

Be prepared and have patience.  Be sure to obtain a solid pre-approval letter from a bona fide lender used to doing work in this market area.  This will go a long way to having your offer accepted by the seller.

Discuss your loan options with the lender.  There are still a plethora of programs out there and ways to obtain closing cost assistance.  Be sure you’ve tailored your offer and the financing to your best advantage.  Nothing will replace your selection of a real agent who understands this phase of the purchase in tandem with a loan officer who can offer a broad array of financing options.

Hang onto your hats, our local real estate market is alive and well!

For more information on Northern Virginia activity, click here .

Paul Valentino is the President of Coldwell Banker Residential Brokerage in the Greater Washington, D.C. Metro, and is a 30-year real estate veteran. . A certified residential broker, Valentino holds the National Association of Realtors^® e-PRO professional real estate designation, and is a member of the National Association of Realtors^®, the Virginia Association of Realtors^®, and the Northern Virginia Association of Realtors^®.

Decorating a small house to create more space

A small living space can be a challenge for new homeowners, especially those who have accumulated a great deal of furniture and other personal possessions. Luckily, some simple decorating tips from our sales associates at Coldwell Banker Residential Brokerage in Dallas and Fort Worth will allow them to maximize their space without feeling crowded.

First and foremost, new homeowners should review all their possessions and sell or donate appliances, clothing, accessories and other items that haven't been used in years.

It’s very important to use storage space effectively -- bookcases and shelves serve many functions, saving space while displaying decorative accent pieces. Plus, shelves can be built inexpensively to also provide extra storage in cluttered areas. 

It’s also possible to take advantage of wall and ceiling space. Homeowners may wish to move a bulky entertainment center and free floor space by mounting the television on a wall. In the kitchen, walls and ceilings can provide additional spaces to hang pots, pans, and hanging fruit and vegetable baskets, freeing up more counter and cabinet space. Spice racks, storage jars and utensil holders help keep kitchen tools organized and counters clear.

Seasonal clothing, decorations or keepsakes can be kept in closets, nooks and crannies. Shoe racks and organizing cabinets can keep similar items off the floor.

Get the facts you need from a Coldwell Banker Residential Brokerage sales professional at one of their conveniently located offices. Visit CBDFW.com to view all properties currently for sale in your area of interest.

Among World's Most Ethical Companies

For the second consecutive year, NRT LLC’s parent company, Realogy, has received the prestigious designation of being named among the World’s Most Ethical Companies. The award presented by the Ethisphere^® Institute highlights companies that outperform their industry peers for ethical conduct.
As part of Realogy and the NRT family of companies, our Atlanta, Baltimore, Dallas/Fort Worth, Florida and Washington, D.C. companies strive to set the standard for ethical conduct in our markets. We are so proud of this recognition from Ethisphere Institute, which is the gold standard in advancing the social and corporate significance of ethical conduct.  

A record number of nominations and applications for the award were received this year. Realogy’s application covered topics about the Company’s corporate governance, ethics and compliance program, reputation, leadership and innovation, corporate citizenship and responsibility, and internal communication strategies for its ethics and compliance annual plan.

We're proud to be part of an organization that demonstrates an unwavering commitment to the highest ethical standards!