Coldwell Banker Residential Brokerage Now HBA's Biggest Realtor Member

Jul 13, 1999, 01:00 ET from Coldwell Banker Residential Brokerage

    DALLAS, July 13 /PRNewswire/ -- The recent announcement of the merger of
 Coldwell Banker Paula Stringer, Realtors and Wm Rigg, Realtors makes the new
 firm, now known as Coldwell Banker Residential Brokerage the largest Realtor
 member of the Home Builders Association of Greater Dallas.
     Susan Dunn Arnold, president of the Dallas division of Coldwell Banker
 Residential Brokerage, met recently with Home Builders Association executive
 vice president bob Morris for a tour of HBA's new headquarters building at
 5816 W. Plano Parkway in Plano.
     "This was a kind of mutual congratulatory meeting," says Ms. Arnold.
 "Many of our 1,100-plus professional real estate associates are active
 members, as well as annual McSam award winners, in the Home Builders
 Association of Greater Dallas.  We're delighted to be recognized as the
 association's largest Realtor member."  She said HBA's new $1.3 million
 headquarters provides an exceptional and appropriate setting for the country's
 third largest builder association.
     Mr. Morris offered the association's congratulations on the recent merger
 of Coldwell Banker Paula Stringer and Wm Rigg.  The recent merger was followed
 by the newly merged firm's acquisition by NRT Incorporated, an East Coast-
 based operation and the largest real estate firm in the world.  "Coldwell
 Banker and Wm Rigg always have provided outstanding service and support to our
 builder members as well as many of our associate members who handle mortgage,
 finance, insurance and related areas," he said.
     Ms. Arnold said builder response to her company's merger/acquisition has
 been overwhelmingly positive.  "We're better suited than ever to provide
 exceptional service to the new home builders, remodelers and multi-family home
 builders of HBA," she says.  "Our company trains and certifies associates who
 specialize in new home sales.  A primary mandate for our associates has always
 been to provide one-stop shopping for buyers and sellers, and our greater
 coverage of the Metroplex clearly helps us achieve that with area builders and
     Coldwell Banker Residential Brokerage's May 3rd merger/acquisition gave
 the combined companies a giant leap forward to first place in the Metroplex
 and first place in the state, based on closed units sold in 1998.  Combined
 resources for the company include 1,100 real estate professionals at 33
 locations and a $2.6 billion volume from closed transactions last year.
     "The builders our associates work with on a regular basis have
 demonstrated an impressive response to our leap forward in growth, locations,
 associates and services," says Ms. Arnold.  "We're delighted to now provide
 the same tradition of local service with the added bonus of more sites and
 more professionals."
     Coldwell Banker Residential Brokerage, with 33 offices and 1,100 sales
 associates, is the number one residential real estate firm in the Dallas/Fort
 Worth Metroplex and in Texas.  The company is independently owned and operated
 by NRT Incorporated, the nation's largest independent real estate brokerage as
 well as the largest affiliate of the Coldwell Banker Real Estate Corporation,
 a subsidiary of Cendant (NYSE:   CD).  Coldwell Banker franchises more than
 3,000 real estate offices with nearly 70,000 sales associates throughout North

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