Acquisition Brings Two Of New Hampshire's Top Real Estate Firms Together As Coldwell Banker Lifestyles

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Sep 09, 2016, 09:00 ET

NEW LONDON, N.H., Sept. 9, 2016 /PRNewswire/ -- Coldwell Banker Real Estate LLC today announced the affiliation of the newly created Coldwell Banker Lifestyles covering the Dartmouth and Lake Sunapee regions of New Hampshire, welcoming more than 65 agents in five offices.

The new ownership group, led by Stefan Timbrell and Joe Burns, has acquired Coldwell Banker Redpath of Hanover, NH. Ned Redpath, the founder of Coldwell Banker Redpath, remains with the company as a broker in the Hanover office. The acquisition by Country Houses Real Estate, founded in 1939, now positions Coldwell Banker Lifestyles as the largest Coldwell Banker affiliate in New Hampshire.

QUOTES

"Joe and Stefan are a great fit for Coldwell Banker. They have the desire to grow their business by utilizing the power of the Coldwell Banker brand, and they clearly recognized the value of affiliation. Ned is a recognized leader with Coldwell Banker and will be a great asset as Coldwell Banker Lifestyles grows in size and scope. We look forward to increasing the presence of the Coldwell Banker brand in central New Hampshire and eastern Vermont."

- Charlie Young, president and chief executive officer of Coldwell Banker Real Estate LLC

"We have always run our company based on the belief that we have an obligation to our agents, sellers and buyers to provide them with the best resources available. In the current market atmosphere, we decided it was time to research the options available which would allow us to enable our agents and clients to reach a broader audience and engage in a national marketing campaign. Franchising seemed a logical choice and after extensive research, we found Coldwell Banker was the unmatched leader. We consider Coldwell Banker to be the premier national and international real estate brand. We are confident that our association with Coldwell Banker will allow us to better equip our agents and serve our clients through the unparalleled marketing power offered by Coldwell Banker."

- Joe Burns, partner of Coldwell Banker Lifestyles

"We are very excited about this new phase in our company's development. In particular, we are thrilled at this time to be placing an even greater emphasis on what we consider to be one of the most important aspects of the real estate transaction - the emotional and lifestyle investment people make in their homes. Our focus on this core value was a huge driving force in determining both which brand to affiliate ourselves with and the new name of the company, Coldwell Banker Lifestyles. We believe, as evidenced by their national ad campaign, that Coldwell Banker understands better than any other brand, that to be completely satisfied with your investment - your home must match your lifestyle. We understand this on a very personal level; this is what living in New Hampshire is all about.

- Stefan Timbrell, partner of Coldwell Banker Lifestyles

"I've been in real estate a long time and when I met Joe and Stefan I knew they brought a whole new level of passion and excitement to our industry. I know under their leadership Coldwell Banker Lifestyles will take the state by storm and it is the perfect time to do so. I am bullish on our housing market as New Hampshire and Vermont are being discovered by so many different buyers - some who are realizing that this is a great second-home market and others who are discovering the myriad of job opportunities in the area. All of this makes me very excited about the future for Coldwell Banker Lifestyles."

- Ned Redpath, broker of Coldwell Banker Lifestyles

About Coldwell Banker Lifestyles
Coldwell Banker Lifestyles has five locations: 370 Main Street, New London, NH; 8 West Wheelock, Hanover, NH; 8 Soonipi Circle, Suite F, Sunapee, NH, 18 Pioneer Point, Grantham, NH (Eastman) and 15 Main Street, Warner, NH. They can be reached at the main office: 603-526-4020. Each office is independently owned and operated. Since 1906, the Coldwell Banker^® organization has been a premier provider of full-service residential and commercial real estate brokerage services. Coldwell Banker Real Estate is the oldest national real estate brand and franchisor in the United States, and today has a global network of approximately 3,000 independently owned and operated franchised broker offices in 47 countries and territories with almost 85,000 affiliated sales professionals.

CONTACT INFORMATION:
Stefan Timbrell and Joe Burns
603-526-4020
[email protected]
[email protected]

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SOURCE Coldwell Banker Real Estate LLC