Coldwell Banker Acquires Buccaneer Realty in Bradenton, Florida

RISMEDIA, April 27, 2007-Coldwell Banker Residential Real Estate, Inc., has announced that it has acquired the assets of Buccaneer Realty, PL located in Bradenton, Florida. The firm will transition its operations from its current location to Coldwell Banker Residential Real Estate's Creekwood Crossings office near Lakewood Ranch.

Buccaneer Realty's sales associates were responsible for more than $59 million in total closed sales volume in 2006. With this announcement, Coldwell Banker Residential Real Estate in Florida now comprises 103 offices with more than 6,100 sales associates, who have accounted for a combined closed sales volume of $14.9 billion the past year.

"We are always looking for solid business opportunities, and with the acquisition of Buccaneer Realty, we can significantly expand our presence in the dynamic Lakewood Ranch and North Manatee County markets," said Budge Huskey, president and chief operating officer for Coldwell Banker Residential Real Estate in Florida.

Jennifer Scott, broker/associate, has owned and operated Buccaneer Realty for the past six years. Scott will join Coldwell Banker Residential Real Estate as a sales associate.

"Through the contributions of our talented sales associates, our company has grown into one of the most successful real estate firms in the area," said Scott. "By joining forces with the market leader, our sales associates will be uniquely positioned to better serve local, national and international customers. Coldwell Banker offers a worldwide network and an extensive Internet marketing program. This combination is critical for success in today's real estate market."

For more information, visit www.FloridaMoves.com.