Coldwell Banker Residential Brokerage in New England acquired Hammond Residential Real Estate Group
Coldwell Banker Residential Brokerage in New England has acquired the assets of Hammond Residential Real Estate Group. The announcement combines the operations of the No. 1 company in 2015 sales volume, Coldwell Banker Residential Brokerage, with the No. 3 company, Hammond Residential Real Estate, according to data from the 2016 REAL Trends Market Leaders report. With 16 offices and more than 400 affiliated sales professionals and employees, the acquisition significantly expands Coldwell Banker Residential Brokerage’s real estate sales operations in Massachusetts.
“Saul and the agents affiliated with Hammond have a superior reputation,” said Merit McIntyre, president of Coldwell Banker Residential Brokerage in New England. “Over the years, we have established strong business relationships with them, and are excited to formally combine our efforts and position the agents and ultimately their clients in ways that truly distinguish us in the region.”
Hammond Residential Real Estate was established in 1991 by Saul B. Cohen and Joseph Hare. “We made our decision based on what was in the best interest of our Greater Boston clients and agents, many of whom Joe Hare and I have known for more than 25 years,” said Cohen. “We chose to combine our efforts with Coldwell Banker Residential Brokerage over any other company because of the incredible resources and technology that the agents can utilize. With so many advantages, we are confident the agents will surpass their clients’ expectations.”