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NRT Names Larry Klapow and Rick Turley To Head New San Francisco Bay Regions for Coldwell Banker Residential Brokerage
New chief operating officer also named to oversee all company operations in Northern California
PARSIPPANY, N.J. – Jan. 17, 2007
NRT, the nation's largest residential real estate brokerage company, today announced that it has named real estate veterans Larry Klapow and Rick Turley to head two newly formed Coldwell Banker Residential Brokerage regions in the Bay Area.
"This move allows Coldwell Banker Residential Brokerage's management team to get even closer to their sales associates so that they can continue to meet all of their agents' needs and help them provide unparalleled service to their customers," said Judy Reeves, executive vice president and chief operating officer of NRT. "And in Larry and Rick, we're fortunate to have two of the area's most successful real estate executives to lead these two new regions."
Klapow, formerly senior vice president and regional manager for Coldwell Banker Residential Brokerage, was promoted to president of the company's new San Francisco Bay Area Region. He will oversee 16 offices and more than 1,000 sales associates who serve customers in Alameda, Contra Costa, Marin, and Sonoma counties.
Turley, who previously served as manager of the company's San Francisco Lakeside office, was promoted to president of the new San Francisco-Peninsula Region. He will oversee 13 offices and more than 850 sales associates serving customers in San Francisco and San Mateo counties.
Additionally, Kevin Kay, chief financial officer for Coldwell Banker Residential Brokerage in Northern California, was promoted to chief operating officer, overseeing company operations throughout Northern California. All three executives will report to Greg Macres, senior vice president for the Western region of NRT Incorporated.
About NRT Incorporated
NRT Incorporated is the nation's largest residential real estate brokerage company, with more than 1,000 offices, 64,000 sales associates and 8,000 employees operating in 35 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to NRT's family of companies. NRT's commercial operations rank as the 12th-largest corporate-owned commercial real estate brokerage in the United States. In 2005, NRT achieved an industry record with $230 billion in closed sales volume. NRT (www.nrtinc.com), a subsidiary of Realogy Corporation (NYSE: H), operates Realogy's company-owned real estate brokerage offices under the world-renowned brand names of Coldwell Banker®, Coldwell Banker Commercial®, ERA®, Sotheby's International Realty® and The Corcoran Group®. Realogy is the world's leading real estate brokerage franchisor.
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