Real Estate Veteran Mike James Named President of Coldwell Banker Pacific Properties in Hawaii

Hawaii's leading residential real estate company, Coldwell Banker Pacific Properties, has named veteran Realtor Mike James as its new president. James will oversee daily operations of the company's five brokerage offices and a sales team of more than 400 agents. End Quote

Honolulu, HI (1888PressRelease) November 06, 2012 - Coldwell Banker Pacific Properties, Hawaii's leading residential real estate brokerage company, announced today that Mike James, senior vice president with Coldwell Banker Residential Brokerage in the San Francisco Bay Area, has been named president of the Honolulu-based company.

In his new role, James will be in charge of strategic and long-range planning for Coldwell Banker Pacific Properties, as well as overseeing the daily operations of its five residential real estate brokerage sales offices, which include a sales force of more than 400 agents, and the company's commercial operations.

"We are very fortunate to have someone with Mike's vast experience as an award-winning agent, manager and senior executive," said Greg Macres, executive vice president of the western region for NRT LLC, the parent company of Coldwell Banker Pacific Properties and Coldwell Banker Residential Brokerage. "Wherever he's been in his career, he's proven to be a resounding success, especially in the luxury end of the real estate market."

As a manager for more than 20 years, James has overseen some of the top-producing offices in the nation, including two branches in Silicon Valley - Los Altos and Saratoga - that ranked among the top 10 in the nation for Coldwell Banker Real Estate and had sales volume of more than $1 billion a year.

"Throughout his career, Mike has earned a tremendous amount of respect from agents for his support and leadership in helping them serve customers and grow their businesses," Macres said. "We know he will work closely with the talented agents at Coldwell Banker Pacific Properties and take the company to even greater heights."

"I couldn't be more excited about joining Coldwell Banker Pacific Properties," James said. "We're starting from a position of strength with an outstanding group of real estate professionals. The sales associates have a well-earned reputation for providing incomparable client satisfaction. I can't wait to work with the team to help them build on that success."

Coldwell Banker Residential Brokerage recruited James in 1998 to manage its San Jose Main office. Over the succeeding years he was tapped to manage offices in Morgan Hill, Los Altos, and Saratoga, which he helped expand and grow into one of the top 10 brokerage offices in the U.S. for Coldwell Banker.

Prior to entering the real estate industry, James served in the Air Force and operated several small businesses in Southern California and Lake Tahoe. This experience helped him develop strong leadership and financial skills, which served him well as an agent, manager and executive.

About Coldwell Banker Pacific Properties
Coldwell Banker Pacific Properties, a leading residential real estate brokerage company in Hawaii operates five residential real estate offices on Oahu with more than 400 sales associates and employees serving the communities of East Oahu (Kahala Office), Honolulu (King Street Office), Leeward Oahu (Leeward Office), West Oahu (Kapolei Office) and Windward Oahu (Windward Office). Serving agents new to the industry, its Real Estate School and nationally renowned New Agent Training Office (NATO) conveniently operate from many of these locations. Additionally, it operates Coldwell Banker Commercial Pacific Properties, which specializes in Office, Industrial, Retail, Multifamily and Investment Brokerage. Coldwell Banker Pacific Properties (www.cbpacific.com) is part of NRT LLC, the nation's largest residential real estate brokerage company. NRT, a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), operates Realogy's company-owned real estate brokerage offices.

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