Palm Coast, FL (July 20, 2023) -- The Schmidt Family of Companies, parent company to Coldwell Banker Premier Properties, today announced its market expansion in Florida with the strategic acquisition of a sales office in Palm Coast.
The company will acquire the Palm Coast office from Coldwell Banker Realty in Florida. The Palm Coast office, located in the Hammock Beach Resort, currently has approximately 40 independent real estate agents. The northeast Florida location is a short drive from both Jacksonville and Daytona Beach. The acquired oceanfront Palm Coast office will operate under Coldwell Banker Premier Properties. This will be in conjunction with the existing Coldwell Banker Palm Coast office, further west, also under Coldwell Banker Premier Properties. The acquisition is an example of how Coldwell Banker branded companies support and strengthen each other in the market.
The leadership and resources of the Schmidt Family of Companies and Coldwell Banker Premier Properties team are uniquely positioned to support the growth and business success of the Palm Coast office. The Schmidt Family of Companies brand has more than 90 Coldwell Banker offices across both coasts of Florida, the U.S. Virgin Islands, Michigan and northeast Ohio.
“Expanding further into Florida has been a goal for our company,” said Steve Carr, region president of Florida operations for the Schmidt Family of Companies. “Considering the amount of cross-over business that brokers from each office do, this acquisition made sense for us. Add in the shared Coldwell Banker culture and it is a perfect fit. It’s an exciting opportunity for us and we are thankful we’re in a position to further expand into the in-demand Florida real estate market.”
“We are very excited about our company’s further development in Florida,” said Mike Schmidt, Chairman and CEO of the Schmidt Family of Companies. “We continue to be in a growth mode. Today’s announcement is another positive sign and shows how bullish we are on the region’s future. We are committed to ensuring that all home buyers and sellers receive the best imaginable service and that our agents and brokers are afforded every opportunity to maximize their business potential.”
“We are confident that under the esteemed leadership and support of the Schmidt Family of Companies and Coldwell Banker Premier Properties, the office and agents are poised for continued success,” said Gregg Hade, regional vice president of Coldwell Banker Realty for central Florida. “The partnership and collaboration for this office acquisition exemplifies the strength of the powerful network of broker- owners and companies behind the Coldwell Banker brand. Working together as a unified front to achieve business goals ensures that Coldwell Banker remains the top salesforce in the Florida real estate market.”
Coldwell Banker Premier Properties will begin operations by offering immediate support to real estate professionals at the office located at 1 Hammock Beach Pkwy. in Palm Coast.
“We’ve planned the transition to be as smooth as possible,” said Carr. “We are committed to providing a supportive environment for our new agents, with technologies and exceptional resources to grow their business and a place for them to collaborate and engage with the community so they can best serve their clients.”
From left to right: Daniel McHone - Luxury Ambassador, Coldwell Banker Premier Properties | Steve Carr - Regional | President, Florida Operations | Rob West - VP of Finance, Florida & USVI Operations | Tom Heiser - Broker/Manager - Palm Coast Offices - Coldwell Banker Premier Properties | Steve Ladrido - Regional Director, Coldwell Banker Premier Properties
About Schmidt Family of Companies
Established in 1927, the Schmidt Family of Companies has a history of helping their agents and clients reach their real estate goals. The firm has grown to over 90 Coldwell Banker offices on both coasts of Florida (operating as Coldwell Banker Premier Properties, Coldwell Banker The Amelia Group, Coldwell Banker Paradise and Coldwell Banker Sunstar Realty), the U.S. Virgin Islands, Michigan and northeast Ohio. Our local agents have the global exposure and marketing expertise to offer a premier level of service to our clientele. They take the initiative to be successful in today’s competitive market, while maintaining the highest ethical standards. Coldwell Banker Premier Properties, located at 1 Hammock Beach Pkwy. Palm Coast, Fla., can be reached at (386) 246-2380. Each office is independently owned and operated. www.schmidtfamilyofcompanies.com.