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| June 23, 2008 | Fort Lauderdale, Fla., |   |
| Coldwell Banker Residential Real Estate Announces Outstanding Results from Its Gold Coast 10-Day Sale
1,023 Homes Participated in Special Sale Resulting in 108 Contracts |
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| Coldwell Banker Residential Real Estate is pleased to announce that its Gold Coast 10-day sales event, which ran from June 1 through June 10, resulted in over 108 contracts, or over 10% of the 1,023 homes that participated. The unprecedented sale comprised homes for sale throughout the five contiguous counties of Dade, Broward, Palm Beach, Martin and St. Lucie at reduced prices ranging from 5% - 38%.
"The sale achieved our objective of energizing the market and offering homes for sale today at tomorrow's prices. In South Florida (Broward and Miami-Dade Counties), we are proud to report 67 contracts or approximately 10% of the homes that participated in the sale. We continue to increase our totals as additional contracts that resulted from the sale are reported. The promotion increased our sales, showings and Web site traffic," said Gus Rubio, Regional Senior Vice President, Coldwell Banker Residential Real Estate, Southeast Florida. Coldwell Banker Residential Real Estate is the largest real estate brokerage company in the state. With over 25,000 homes in its statewide inventory, the company's Web site boasts over 325,000 homes for sale from all cooperating brokers in the markets it serves. Recently, Bank-Owned Foreclosure Search was added to its Web site www.FloridaMoves.com. Gus Rubio may be reached at 786-268-8944. About Coldwell Banker Residential Real Estate:
Coldwell Banker Residential Real Estate (FloridaMoves.com), is the leading real estate brokerage company in Florida, serving the communities of Central Florida, Palm Beach, Sarasota Bay, Southeast Florida, Southwest Florida and Tampa Bay. Coldwell Banker Residential Real Estate is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy’s company-owned real estate brokerage offices. |
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| For more information, visit our Web site, www.FloridaMoves.com Any house. Any time. Anywhere. |
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