Prudential Indiana adds two Coldwell Banker offices

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Prudential Indiana Realty Group has brought the Avon and Carmel offices of Coldwell Banker Alliance into its residential real estate agency.

Kevin Kirkpatrick, president of Prudential Indiana, said the merger announced Friday will further strengthen Prudential’s market share in the metropolitan area.

“It allowed us to reposition ourselves to the west side,” he said. “We don’t have a presence over there.”

The deal brings 15 real estate agents and about $30 million in annual residential sales to Prudential Indiana, which plans to open an office on Rockville Road. The agency also has offices in Fishers and Zionsville, as well as its principal location on East 82nd Street in Indianapolis

The acquired agencies will operate under the Prudential Indiana name.

Adding the Coldwell Banker agencies follows Prudential’s move earlier this year that brought the largest Indianapolis-area Century 21 residential real estate group under its brand.

In April, the Century 21 Realty Group’s 12 offices and 500 employees began operating as affiliates of New Jersey-based Prudential Real Estate and Relocation Services.

The move instantly gave Prudential a big market presence in Indianapolis. It did not have an existing top-25 agency in the area.

Century 21 Realty Group sold $777 million worth of homes in 2009, according to IBJ research, making it the second-largest residential real estate agency in central Indiana behind F.C. Tucker Co. Inc.

The owner of the Century 21 brand, New Jersey-based Realogy Corp., had been having financial difficulties. It lost $262 million in 2009.

Realogy still has three substantial agencies in the Indianapolis area operating under its Century 21 brand: Carmel-based Century 21 Scheetz, Indianapolis-based Century 21 Diversified Realty and Carmel-based Century 21 Rasmussen.

Counting the former Coldwell Banker staff, Prudential now has 450 agents.


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  1. $800M is a lot. There's over 800,000 people in the county/city though. I'm betting the cost of services(police, fire, roads, economic incentives to bring in new business, etc.) in Hamilton County is much more than $1000 per person. In 2012, the city of Carmel's audit report shows receipts of $268,742,988 (about 1/3 of Indianapolis's receipts) for a population of 83,573 (almost 1/10 the size of Indianapolis)...hmm, I wonder why Carmel is such a safer place to live...

  2. Would you let a mechanic diagnose your car over the internet without seeing it or taking it for a test drive? The patient needs face to face interaction with a physician to be properly diagnosed. It would seem to me that the internet diagnosis is about as silly as going to ones mirror and saying, "I wonder what I have"? And then you diagnose yourself. That's free and probably wrong too.

  3. Maybe if we treated the parents of juvie offenders who have 5 babies from 4 different daddies like stray cats and dogs who go around creating a bigger animal control problem, we wouldn't have so much of a "parenting" problem flooding both the social services and (later) correctional systems. The breakdown of morals and parental responsibilities from horndogs who can't keep it in their pants and keep their families together has caused this. If a pit bull attacks someone, it's destroyed. Everyone encourages that pets are spayed and neutered to control the pet population and prevent further issues. Maybe it's time to control the welfare population...

  4. Blocking two blocks of a street along Broadripple Ave. is not going to stop "pedestrians" from walking around. The article stated that seven people were injured as a result of a skirmish between two gun-toting "pedestrians"...not drive-bys. Most of the crimes that are committed in BR area are done by "pedestrians" that are walking in the area...not driving by. This may alleviate traffic going through the area and may steer some folks away from coming to the area because of the extra inconvenience but it will not stop a pedestrian, on foot from toting a gun while walking in that area....period.

  5. Please run for mayor Joe. We need someone to come in and clean house. They past two mayors have run administrations rampant with corruption. We need to clean house before corruption is accepted as normal like Chicago.