Coldwell Banker Premier Realty Expands With Acquisition Of Better Homes And Gardens Real Estate Desert Properties

Local real estate brokerage shows confidence in the market expands their business by acquiring a competitor. End Quote

Las Vegas, NV-AZ (1888PressRelease) January 16, 2013 - Senior Management of Coldwell Banker Premier Realty announced the acquisition of Better Homes and Gardens Real Estate Desert Properties to expand the Coldwell Banker brand in southern Nevada.

The former Better Homes and Gardens Desert Properties (BH&G) office, located at The District in Henderson will integrate the majority of their sales associates into CBPR's Henderson branch. Coldwell Banker Premier Realty already has over 200 sales associates in their three offices in the Las Vegas Valley. The Green Valley office at 10120 S. Eastern Avenue, Henderson with just over 60 sales associates is under the direction of Branch Manager and GLVAR activist, Devin Reiss.

BH&G owners, Rick Shelton and Tracy Ruck are established business leaders in the local industry. "Both Rick and Tracy are well respected for their business acumen and known for building relationships with Realtors. As CBPR moves into the next decade of innovation and growth, the Green Valley office will greatly benefit from the addition of these experienced and talented sales associates." said Bob Hamrick, Chairman and CEO. Henderson, NV boasts some of the highest home sales prices in the Valley with prices up 17% year-over-year.

CBPR has served the Las Vegas valley for 30 years and will now increase their presence in the Green Valley area with residential products and services exclusive to the Coldwell Banker system. "As a brokerage of the future, we believe our real estate technology and marketing tools revolutionize our global market reach. This expansion will have a tremendous impact on business growth in the coming years and demonstrates our confidence in the Southern Nevada's real estate market. We believe people first, powered by technology, is our future," says Hamrick. During some of the toughest market challenges seen in several years, Hamrick is proud to state that the company has not downsized or made cuts in their payroll. Hamrick believes a business culture with a family focus is key to their company's success and is reflected in CBPR's high per agent productivity - twice the rate of their nearest competitor.

"Growth is essential in any business and we have been working with Coldwell Banker affiliated companies like Coldwell Banker Premier Realty when they are interested in merging with or acquiring competitors" said Budge Huskey, president and chief executive officer of Coldwell Banker Real Estate LLC. "We wish Coldwell Banker Premier Realty current and future sales associates the best of luck."

Bob Hamrick and his wife Molly acquired CBPR in 1998, increasing the gross commission income from 7.9 million to more than 30 million in less than ten years. Hamrick now leads one of the top producing real estate offices in the U.S. CBPR ranked 14 in the Top 50 Companies for all of Coldwell Banker out of over 1,200 companies with their Sahara Office recognized as the #1 office in Coldwell Banker's Western Region. In 2012, CBPR earned a national certification as a Women's Business Enterprise by the Women's Business Enterprise National Council (WBENC).

The Hamricks are the thought-leaders in all things real estate in Southern Nevada providing valuable insight into the very unique and ever-changing Las Vegas market. Molly Hamrick was recently named a "2013 Woman To Watch" by Vegas Inc. InBusiness Las Vegas once named Bob Hamrick one of the most "Influential Businessmen in Southern Nevada", and ranked him in their "Top 40 Under 40" special report. Often quoted in The Wall Street Journal, USA Today, Inman News, Bob has conducted countless television and radio interviews, including CNN & CNNMoney. After what MGM MIRAGE called "an exhaustive national search," Bob was selected as CityCenter Realty Corporation's broker and Senior Vice President, leading the residential sales of one of the largest developments in the world until 2011.

About Coldwell Banker Premier Realty
Coldwell Banker Premier Realty at 8290 West Sahara Avenue in Las Vegas, NV is ranked number 8 out of more than 1,200 Coldwell Banker companies nationwide. There are three offices in Southern Nevada (Summerlin, Henderson and Centennial Hills) with over 200 agent affiliates. For more information, call 702-939-5102 or visit the website at www.LasVegasHomes.com.

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