Coldwell Banker Residential Brokerage, the Bay Area’s leading real estate services company, announced today that it has acquired Cashin Company Realtors, one of the Peninsula’s largest and most prestigious local brokerage companies.

According to a press statement released by Coldwell Banker earlier today, the move continues Coldwell Banker Residential Brokerage’s strong trajectory of growth on the Peninsula and in the Bay Area. Founded in 1995 by Emmet J. “Skip” Cashin III, the Cashin Company Realtor’s team of 270 real estate professionals in seven offices throughout San Mateo County accounted for more than $1 billion in annual sales volume in the last 12 months.

The seven-office, 270-agent firm will now operate under the banner of Coldwell Banker Residential Brokerage. With this announcement, Coldwell Banker Residential Brokerage in the San Francisco Bay Area now has more than 60 offices and 3,500 sales associates who accounted for more than $11 billion in sales volume last year.

“Cashin Company has been a highly successful real estate brokerage on the Peninsula for many years,” said Rick Turley, president of Coldwell Banker Residential Brokerage in the San Francisco Bay Area.  “They are a perfect fit with Coldwell Banker in terms of our respective cultures, our core values and our strength in the local marketplace, especially in the luxury market.

Cashin said his firm had many suitors in recent years, but decided that Coldwell Banker Residential Brokerage was the right choice in terms of the scale and scope of the nation’s leading brokerage company, agent support, technological tools, networking opportunities, and cultural fit.

“Coldwell Banker shares our culture of service excellence that values customized service for each and every client,” he said. “Additionally, they are the premier real estate brand around the world and offer a robust marketing platform and referral network that will help our sales associates achieve even greater results for their clients.”

Turley and Cashin announced the acquisition this morning in an informal meeting with Cashin Company managers and agents. The press release goes on to state that Turley and other Coldwell Banker Residential Brokerage executives will visit all of the former Cashin Company offices in the coming days to meet individually with agents and hear their ideas for ways the company can better support agent goals and help them grow their businesses.

Many of SILVAR’s REALTOR® members belong to both companies. An article on the acquisition is in the Silicon Valley/San Jose Business Journal.

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