by Chris Bahn
Posted 2/7/2013 03:54 pm
Updated 3 months ago
Century 21 Exclamation Realty in Bentonville and Coldwell Banker Harris McHaney Faucette in Fayetteville are merging.
This move helps Coldwell Banker expand as one of the region's largest firm. Last year the conglomerate reported 159 agents with $348.51 million in sale.
Century 21 Exclamation, which has about 25 agents, is owned by Marcella Hagan and reported $51.53 million in sales last year. Joining forces with Coldwell Banker puts the firm further ahead of Lindsey & Associates, for years the area’s largest real estate firm.
Neither Hagan or George Faucette, CEO of northwest Arkansas’ Coldwell Banker franchise could be reached for comment. Faucette told The City Wire of Fort Smith that the firms "had a great deal in common" and are owned by the same parent company, Realogy.
Financial terms of the acquisition were not available.