If you haven't heard the big news, our real estate company (Coldwell Banker Funkhouser Realtors) has merged with Century 21 Real Estate Unlimited.  This transition is very exciting for our company, our agents, but most of all to all of the clients of our now one brokerage company.  With our combined strength, we will be able to provide even better services to our clients.

The combined company will operate as Coldwell Banker Funkhouser Realtors, with approximately 95 licensees, and is the largest residential real estate company in the central Shenandoah Valley -- both in sales volume and sales transactions.


The full press release follows....

Real Estate Firm Merger Offers New Opportunities In Today's Market
June 30, 2010

Two Local Firms Merge To Provide Clients & Associates State-Of-The-Art Real Estate Services

For the last two years, Joe Funkhouser, President of Coldwell Banker Funkhouser Realtors, has carefully analyzed the real estate industry in the new economy and came to one conclusion: today's real estate firm must be large enough to provide more tools and services to clients and associates.  Joe looked for opportunities to make this happen and began conversations with Philip Constable, broker and owner of Century 21 Real Estate Unlimited.  "I have always had great respect for Philip and the team of associates he built at Century 21," said Funkhouser.

After being approached by Joe,  Philip Constable did his own research to see what local firms would be the best fit if he decided to merge his company.  "I talked with several Brokers and realized the firm which had the closest structure and business philosophy of ours was Coldwell Banker Funkhouser Realtors," said Constable.

This business philosophy is founded on Integrity, Honesty, Professionalism and Knowledge. "Our company is founded on principles that we expect each associate to carry forward in our service to clients and customers," said Joe Funkhouser.  "I believe our business philosophy and the emphasis we put on equipping our associates with proven tools, education and management support is our advantage in today's market".

The thought of a merger between the two firms began last year and was focused on how to provide better service to associates and clients, "Joe and I met many times over the last year to formulate a merger that would bring our two firms together under one roof and create not only the largest real estate firm in the region but also the most professionally trained associates and the firm with the best cutting edge technology in the industry," said Philip Constable who will now serve as Associate Broker and a Sales Manager of Coldwell Banker Funkhouser Realtors.

Some of the many tools available to associates include websites, virtual tours, social media, graphic design assistance, marketing consultants and a strong management team of industry leaders.  "Our company is here to support our associates.  Whether it is a question about building a successful marketing plan or the effects of new laws on our business,we are here to make our associates successful in helping clients," said Joe Funkhouser, who has served as Chairman of the Virginia Real Estate Board and Vice President of the National Association of REALTORS®.

Over the past 12 months, the combined companies have represented clients in the sale of 662 properties totaling $127,845,895 in sales volume.   The firm will now have 95 full service licensees, making it the largest residential real estate firm in the region.  "The size of our firm is a great advantage to our associates and our clients.  When someone chooses to work with our real estate firm they are not hiring just one of our associates, they are working with a team of real estate professionals dedicated to their real estate needs," said Funkhouser.

Along with its sister company, Coldwell Banker Commercial Funkhouser Realtors, Coldwell Banker Funkhouser Realtors provides services in Residential and Commercial Brokerage, Residential and Commercial Property Management, Farms and Land Brokerage and  Property Appraisal.  The company was founded in 1975 by Joe Funkhouser and currently has locations in Harrisonburg and Woodstock offering services in Augusta, Rockingham, Page & Shenandoah counties.

For more information about Coldwell Banker Funkhouser Realtors, visit www.cbfunkhouser.com or call (540) 434-2400.
 

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Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com