The acquisitions mark Coldwell Banker's 9th, 10th and 11th acquisitions in the past three years. The company says the added capacity expands its market share in the greater Sacramento and Tahoe region to more than 27%.
The latest acquisition, of Fraser and Fraser, includes a team of 13 professionals. Pacific Preferred Properties is a 19-office company with 400 sales associates. The Fred Sands acquisitions added two offices and 37 associates to the firm.
Sales volume for 2000 was more than $20.3 billion, according to Coldwell Banker Northern California. In the Sacramento and Tahoe regions alone, the company and its 850 sales associates recorded a sales volume of $2.6 billion last year. At the end of 200, Fraser and Fraser Real Estate reported $28.67 million in sales volume.
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