| Coldwell Banker NRT Development Advisors (NRTDA), a subsidiary of NRT LLC that serves as an industry leader in consulting, sales and marketing for new homes and distressed residential real estate, today announced its newly formed Accelerated Sales Division. This division provides accelerated realty sales utilizing the auction format for builders, developers, property owners and lending institutions as an alternative to short sales, foreclosures and traditional on-site sales programs.
"By applying innovative solutions designed to reach today’s discerning buyers, our auction events will propel buyers from the sideline to a buying position," said Brad Horner, president, Coldwell Banker NRTDA.
Using a multi-phase marketing and auction process and exposing properties to a large number of pre-qualified buyers from across the world through the global resources and strong brand reputation of Coldwell Banker, the Accelerated Sales Division has developed proven strategies to maximize property value. The Accelerated Sales Division team members have over 150 years of real estate experience, along with a proven track record of handling more than $500 million in real estate sales. Coldwell Banker NRTDA currently operates in three states and team members are licensed or authorized to conduct auctions in 44 states.
Leading the Accelerated Sales Division are managing directors Jon and Lori Chipps, and director of operations, William Graham. Since 2007, the Chipps have exclusively focused on luxury, commercial, single-family and multi-unit real estate auctions, closing an impressive 88 percent of properties taken to auction. Managing director Lori Chipps will also now serve as lead auctioneer. Over the span of her 30-year career in the auction industry, she has received many prestigious state and national auctioneering awards. Graham began his real estate career at U.S. Home Corporation and Lennar Homes, two of the nation’s largest homebuilders. In 2008, Graham became a consultant to certain entities within the real estate and homebuilding industry in Central Florida, specializing in the accelerated auction process for underperforming real estate.
"These diverse and highly experienced professionals comprising the Accelerated Sales Division team bring expansive multi-industry knowledge and successful track records to Coldwell Banker NRTDA," said Horner.
For more information on the Accelerated Sales Division auction services or to inquire about upcoming auctions, inquire at info.acceleratedsales@nrtda.com.
About Coldwell Banker NRT Development Advisors
Coldwell Banker NRT Development Advisors is a subsidiary of NRT LLC, the nation’s leading residential real estate brokerage company. Coldwell Banker NRTDA serves as a comprehensive strategic advisor for new construction residential developments. Focusing on single-family developments, multi-family dwellings (including condominiums, townhomes and lofts) and bank-owned distressed assets, Coldwell Banker NRT Development Advisors assists with conceptualizing the product, provides input on design, develops the most effective marketing plan and provides expert onsite sales teams and support staff. |