The seven-office, 270-agent firm will now operate under the banner of Coldwell Banker Residential Brokerage. Both Cashin and Chuck Alloo, Cashin Company's COO, will continue with Coldwell Banker Residential Brokerage in sales and management roles, respectively.

This move continues NRT's strong trajectory of growth in the Bay Area under the leadership of Rick Turley, president of Coldwell Banker Residential Brokerage in the San Francisco Bay Area.

Recent acquisitions have helped build on the company's position in the Northern California real estate market, particularly in the luxury segment.

Bruce Zipf, president and CEO of NRT, said: “Cashin Company has long been synonymous with unparalleled personalized service and is also known for its agents' in-depth knowledge of the highly coveted Peninsula real estate market.

“Not only does this move strengthen our position in the San Francisco Bay Area marketplace, we have gained a tremendously talented group of sales associates with a strong commitment to the community.”

Mr Cashin said: “Coldwell Banker Residential Brokerage is the right choice in terms of both the scale and scope of its agent support, technological tools and networking opportunities as well as its culture of service excellence.

“Coldwell Banker is the premier real estate brand around the world and offers a robust marketing platform and extensive referral network that will help our sales associates achieve even greater results for their clients.”

Will the acquisition benefit Coldwell Banker?

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