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RISMEDIA, June 20, 2007-Coldwell Banker Phelps & McKey and Saurage Realtors announced the consolidation of their two companies to form Coldwell Banker One, creating one of the largest residential real estate firms in the region.

David G. McKey, GRI, ABR, broker/president and current president of the Greater Baton Rouge Association of Realtors; Andrea Phelps McKey, GRI, and current president of the Louisiana Realtors Association together with H.N. “Hank” Saurage IV, CCIM, RECS, broker/president Saurage Realtors unveiled the plan to become one company in a meeting at Baton Rouge Country Club before 120 consultants from both firms, the company reported.

“The combination of assets together with the talented consultants makes the new Coldwell Banker One the premier real estate firm in the Baton Rouge area,” said David G. McKey, Broker and President of Coldwell Banker One.

McKey commented, “We are so proud to be able to offer our clients this dynamic team of consultants, the combined portfolio of listings and professional expertise together with the products, services and corporate support Coldwell Banker delivers. Expect great things from this fantastic group of professionals.”

“Coldwell Banker One will continue to attract top professionals in the real estate community and the synergy between our two companies continues our commitment to offer the best and set the standard for others to follow,” said H.N. “Hank” Saurage IV, CCIM, RECS, and broker.

Representatives from Coldwell Banker Real Estate Group including Frank Lindsey, regional director and senior vice-president and Senior Business Consultant, Debbie Ashbrook were on hand for the announcement. Named by Franchise Times as the top real estate franchise in the country, Coldwell Banker Real Estate Group provides an array of products and services unmatched in the real estate industry to its over 4,000 affiliates nationwide.

Speaking on behalf of the Louisiana Realtors Malcolm Young, CEO said, “I am so proud to be a part of this important announcement of this significant change in real estate in the Baton Rouge area. I have had the privilege of working closely with both firms and understand the foundations each company has built.”