Coldwell Banker United, REALTORS
and Century 21 Hecht Join Forces
Jeffrey Wheeler, president and COO of Coldwell Banker United, Realtors and Bob Hecht, owner of Century 21 Hecht announced today that Century 21 Hecht will become a part of Coldwell Banker United, Realtors.
The two companies will combine market share and will have more than 165 agents serving the Greater Lake Norman area. Hecht has 55 agents in its Mooresville/Cornelius office and 59 in its Denver office. Coldwell Banker currently has two Lake Norman locations with 49 agents.
Century 21 Hecht was founded by Bob Hecht in 1971.
Coldwell Banker United, Realtors will maintain its new Lake Norman-South office in Cornelius and will move its Mooresville office, located at 287 Williamson Road to the Century 21 Hecht building located at 467 River Highway. The Denver office will remain at its current Century 21 Hecht location. The three Coldwell Banker offices will serve the Lake Norman communities in the Catawba, Mecklenburg, Iredell, and Lincoln County areas.
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 expedite our plans for growth in the greater Lake Norman area,” said Martin. “Bob Hecht 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.”
Hecht said, “In today’s market and with real estate in general, I feel like you need every tool and support system possible. You also need a company that can withstand the ups and downs and be there for the agents and for the buyers and sellers,” he said. “Coldwell Banker United, Realtors has all of this and I am proud to welcome the agents, staff and managers, along with the many clients of Century 21 Hecht Realty to their firm. Today is a good day for the real estate industry around Lake Norman.”
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 Century 21 Hecht on board, Coldwell Banker United, Realtors has 25 offices in the Carolinas, including three offices in the Lake Norman area and offices in Charlotte, Fort Mill, Rock Hill, Lancaster, Union County, Cabarrus County, Statesville, Columbia, Aiken, Lexington, Irmo, Camden, Chapin, Sumter and Charleston.
Overall merger/acquisition activity within the entire Coldwell Banker system was 71% higher than in 2007 according to a recent RIS Media report. Coldwell Banker United, Realtors was one of the select Coldwell Banker franchises that led the way in merger/acquisition activity in 2008. Other recent activities included: Realty World in Lake Norman; and in South Carolina, Century 21 Bob Capes and Coldwell Banker Coastal in Charleston. The company also acquired JME Realty in 2007.
About Coldwell Banker United, REALTORS®
Coldwell Banker United, Realtors® was founded by Richard A. Smith in College Station, Texas, in 1970. The company has grown to 77 residential offices and three commercial offices with over 2,400 sales associates and over 450 employees. Coldwell Banker United, Realtors® is the #1 company in the Coldwell Banker network of independently owned affiliates as measured in transaction sides. According to REAL Trends and RISMedia, two industry trade publications, the company, in 2007, was ranked #5 among all U.S. real estate companies in transaction sides. For more information, log on to www.cbunited.com.
REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.