Rick Turley Named President of Coldwell Banker Residential Brokerage in the San Francisco Bay Area

San Ramon, CA, April 26, 2009 --(PR.com)-- NRT LLC, the nation’s largest residential real estate brokerage company, announced today that veteran real estate executive Rick Turley has been named president of one of its newly reorganized companies, Coldwell Banker Residential Brokerage in the San Francisco Bay Area, the region's largest real estate services company.

Turley most recently was president of the company’s operations in the North Bay, San Francisco and the Peninsula. In his expanded role, he will now also oversee the East Bay, Silicon Valley and Monterey Peninsula. Turley will oversee the daily operations of 49 offices and more than 3,000 sales associates.

"Rick’s in-depth knowledge of the San Francisco Bay Area real estate market, his deep roots in the community, and his creative, forward-looking approach to management and business development combine to make him the perfect choice to lead Coldwell Banker Residential Brokerage in the San Francisco Bay Area,” said Greg Macres, regional senior vice president for the western region of NRT LLC, Coldwell Banker Residential Brokerage’s parent company. “We are fortunate to have someone of Rick’s caliber to lead our team as Coldwell Banker Residential Brokerage continues to expand its operations in this very important market.”

With more than 20 years in the real estate industry, Turley began his career with Coldwell Banker Residential Brokerage in 1986. An award-winning real estate professional, he was promoted to manager of the company’s Lakeside and Market Street offices in San Francisco. Over the years, he assumed increasing supervisory and operational responsibilities, including overseeing some of the company’s most successful offices in San Francisco, Marin County and the Peninsula and recruiting top agents into Coldwell Banker Residential Brokerage.

“I couldn’t be more excited about the opportunity to help lead this highly successful organization and its talented group of sales associates,” Turley said. “The economy and the housing market have been challenging as everyone knows, but these challenges have prompted both real estate professionals and home buyers and sellers alike to turn to the strength of Coldwell Banker Residential Brokerage to help them weather the storm. Our resources, brand name and unparalleled experience are more important to agents and customers alike during difficult markets.”

Founded in San Francisco more than a century ago after the 1906 earthquake, Coldwell Banker Residential Brokerage has grown to become the largest residential real estate brokerage in Northern California.

Turley said his goals for the San Francisco Bay Area region include leveraging the talents and deep experience of the company’s office managers and nationally renowned agents, as well as continuing to recruit top professionals to help with future growth. “Our local management team has literally centuries of experience combined, and I want to make sure we’re tapping their talent, ideas and market knowledge as we set the course for the next few years,” he said. “Our management is a tremendous competitive advantage for us and I want to make sure they play a key role in helping to steer the company going forward.”

Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage, the largest residential real estate brokerage in Northern California, serves the markets of Sacramento/Tahoe, San Francisco/Peninsula, San Francisco Bay Area, and Silicon Valley/Monterey Bay. The company has 61 office locations and more than 3,690 sales associates throughout Northern California. Through its internationally renowned Coldwell Banker Previews® program, the company is widely recognized for its expertise in the luxury housing market. Coldwell Banker Residential Brokerage is part of NRT LLC. For more information, visit www.CaliforniaMoves.com or call 925-275-3085.

NRT LLC
NRT LLC, (www.nrtllc.com), the nation’s largest residential real estate brokerage company, has approximately 835 offices and 58,800 sales associates operating in more than 35 major metropolitan areas. A subsidiary of Realogy Corporation (www.realogy.com), NRT operates Realogy’s company-owned real estate brokerage offices.

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Coldwell Banker Residential Brokerage
Stephen Maita
510.739.0620
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