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NRT LLC Acquires One of Houston’s Top Residential Real Estate Firms

by Rachel Mazanec

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Steve Barnes is president and COO of the Houston region for Coldwell Banker United Realtors

Coldwell Banker United Realtors, one of the largest residential real estate firms in Houston, has been acquired by NRT LLC in a massive deal affecting dozens of offices in four states.

NRT LLC, a subsidiary of New Jersey-based Realogy Holdings Corp., acquired a total of 60 offices offices and more than 2,000 sales associates in Texas, Florida, North Carolina and South Carolina.

Houston represents the largest portion of the acquisition, with 19 offices and more than 600 agents, followed by 11 offices in Austin and three near Dallas-Fort Worth. NRT previously had a Coldwell Banker presence in the Dallas-Fort Worth area, where it operates as Coldwell Banker Residential Brokerage.

NRT owns and operates companies in more than 45 of the 100 largest metropolitan areas in the United States, with approximately 795 offices and approximately 47,000 independent sales associates. The acquired offices will continue to operate as Coldwell Banker United Realtors, and the regional management team will stay with the company.

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