Carrington Property Network Accelerates Growth Nationwide
Highly Qualified Brokerages Team With Carrington to Deliver Best-in-Class Institutional Real Estate Services, Maximize Business Potential and Participate in the Distressed Property Market
(firmenpresse) - SANTA ANA, CA -- (Marketwired) -- 07/30/13 -- (CPN), an exclusive national network of leading residential real estate brokerage firms and a division of the corporately owned and operated national brokerage Carrington Real Estate Services (US), LLC (Carrington), today announced that it has selected and licensed brokerages across four states since its launch in November 2012. CPN was created by its parent company, Carrington Holding Company, to complement the traditional resale and relocation services provided by residential brokerage companies with best-in-class institutional real estate services. CPN empowers brokerages to maximize their business opportunities and facilitates their participation in the distressed property market.
Current CPN members include Prudential Select Properties of St. Louis, Prudential Indiana Realty Group of Indianapolis, Gardner REALTORS® of New Orleans, Prudential Detrick Realty of Tulsa, OK and Prudential Alliance Realty of Oklahoma City.
"Based on the success of our broker network model, we have accelerated the reach of CPN to include the states of Washington, Minnesota, New York, Ohio, Pennsylvania, Oregon, Idaho, Tennessee, Wisconsin, Kentucky, New Mexico, Michigan, Missouri, Kansas and parts of California," said Carrington Real Estate Services President Steve DiUbaldo. "We fully expect to have CPN represented in these states with leading brokerage members in place before the end of third quarter 2013."
Member brokerages have access to Carrington's institutional real estate services as well as REO listings, short sale leads, investor buyers, property management and BPO fulfillment services. To qualify, firms must be ranked among the top five in their market in terms of transactions and sales volume, and have the infrastructure in place to manage institutional business.
"As a recognized leader in the area of real estate services for institutional customers, Carrington is in a unique position to open doors for successful residential brokerage firms looking to expand their offerings and their reach into the institutional real estate services market," continued DiUbaldo. "The Charter members of Carrington Property Network include some of the most successful residential brokerages in the nation and represent the quality of partner we will continue to attract in our effort to provide best-in-class institutional real estate services nationwide."
Institutional real estate sales have grown in importance in recent years, as the volume of distressed property sales has increased dramatically. Distressed properties -- short sales and foreclosed homes -- have consistently accounted for between 15 to 25 percent of all residential home sales for the past three years, and have been in high demand among prospective homebuyers and investors. CPN provides training and support to its members to help them successfully participate in this market segment.
Leading residential brokerage companies interested in becoming a CPN member should visit the company's web site at to submit an inquiry.
Carrington Real Estate Services is one of the 18 companies under Carrington Holding Company, LLC. Together these businesses cover virtually every aspect of the single-family residential real estate transaction.
In addition to managing the Carrington Property Network, Carrington Real Estate Services is a full-service national real estate brokerage with 35 offices in 25 states, all of which are corporately owned and operated. More than 1,300 sales professionals provide their expertise to buyers and sellers in retail sales, investments, distressed properties, short sales or first-time buyers. To learn more, visit our website at .
Carrington Holding Company, LLC owns and operates multiple businesses that cover virtually every aspect of single family residential real estate transactions -- investments in U.S. real estate and mortgage markets, loan origination and servicing, asset management and property preservation, real estate sales and rental, title and escrow services.
Its affiliate companies include Carrington Real Estate Services, LLC, Carrington Capital Management, LLC, Carrington Investment Services, LLC, Carrington Mortgage Services, LLC, Carrington Property Services, LLC, Carrington Home Solutions, L.P., Carrington Escrow, Inc., Carrington Title Services, LLC and Carrington Technology Solutions, LLC. Carrington Mortgage Services, LLC is an equal housing opportunity lender.
To learn more about Carrington Holding Company, visit our website at .
Michelle Schneider
Office: (949) 517-7197
Mobile: (760) 419-2543
Christine Stricker
Office: (949) 517-7313
Mobile: (714) 873-4275
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Datum: 30.07.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 1249928
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