BIZ BUZZ

Coldwell Banker Schmidt Family of Companies acquires office at Hammock Beach Resort

The company will acquire the office from Coldwell Banker Realty in Florida.

By Observer Staff
| 2:00 p.m. July 27, 2023

Left to right: Daniel McHone, luxury ambassador, Coldwell Banker Premier Properties; Steve Carr, regional president, Florida Operations; Rob West, VP of finance, Florida & USVI Operations; Tom Heiser, broker/manager, Palm Coast Offices - Coldwell Banker Premier Properties; Steve Ladrido, regional director, Coldwell Banker Premier Properties. Courtesy photo

Palm Coast Observer
Business

The Schmidt Family of Companies — the parent company to Coldwell Banker Premier Properties — announced on July 20 that it is expanding in Florida with a new sales office in Flagler County.

The company will acquire the office, located at the Hammock Beach Resort, from Coldwell Banker Realty in Florida, according to a press release.

The office has approximately 40 independent real estate agents and will operate under Coldwell Banker Premier Properties in conjunction with the existing Coldwell Banker Palm Coast office further west, which is also under Coldwell Banker Premier Properties.

The Schmidt Family of Companies has more than 90 Coldwell Banker offices across Florida, the U.S. Virgin Islands, Michigan and Ohio.

“We continue to be in a growth mode. Today’s announcement is another positive sign and shows how bullish we are on the region’s future," said Mike Schmidt, chairman and CEO of the Schmidt Family of Companies. "We are committed to ensuring that all home buyers and sellers receive the best imaginable service and that our agents and brokers are afforded every opportunity to maximize their business potential.”

Coldwell Banker Premier Properties will begin operations by offering immediate support to real estate professionals at the office at 1 Hammock Beach Parkway.