Climb Real Estate, a boutique San Francisco brokerage focused on city-dwelling Millennials, has been acquired by NRT LLC, the nation’s largest residential brokerage, the companies announced Wednesday.NRT is the parent of Coldwell Banker, Sotheby’s International Realty and ZipRealty and a subsidiary of Realogy, a publicly traded real estate conglomerate.NRT has pursued the same approach with other regional firms it acquired including the Corcoran Group in New York City and Laura McCarthy Real Estate in St. Louis, said Bruce Zipf, NRT’s president and chief executive.Climb tries hard to appeal to Millennials by focusing on mobile technology and social media.“I believe what this represents is a more traditional type platform coming together with a more innovative, unique-type platform” and providing the financial capital to expand Climb in the Bay Area, Zipf said.Greg Macres, NRT’s executive vice president for the western region, said, We want our agents to be more mobile (and) stretch the boundaries of technology.
NYS Entity Status
NYS Filing Date
OCTOBER 08, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - JUST FOR YOU REALTY GROUP, LLC
AROUND THE WEB
- Nation’s largest brokerage firm acquires SF’s Climb Real Estate
By Kathleen Pender - Wednesday Aug 31, 2016
- Get ready for 'spring cleaning' in foreclosures
By firstname.lastname@example.org (MarketWatch.com) - Thursday Dec 11, 2014
RealtyTrac sees foreclosures at pre-recession levels early next year, and banks gearing up for some "spring cleaning."
- Worldpay Group, a British Payments Processor, Fields Two Possible Takeover Bids
By CHAD BRAY - Tuesday Jul 4, 2017
The company said that it had been contacted by Vantiv, a rival payments company based in Cincinnati, and by the banking powerhouse JPMorgan Chase.
- Bay Area home prices hit record as sales drop
By Kathleen Pender - Thursday May 25, 2017
Bay Area home prices hit record as sales dropThe median price paid for a Bay Area home last month surged to a record — $750,000 — as the inventory of homes for sale continued to fall far short of demand, according to a report released Wednesday by the research firm CoreLogic.The median price paid for new and existing single-family homes and condos in the nine-county region was up 4.9 percent from a revised $715,000 in March, and up 8.7 percent year over year, the report said.The condo, listed at $1,249,000, has 1,525 square feet of “gracious living space,” according to its ad, and monthly homeowners association fees of $500.“I just sold a home, the buyers were tired of getting outbid and went way overboard,” said Murline Monat, an agent with Paragon Realty Group in Danville.The Castro Valley deal has not closed, and Monat believes the appraisal will come in at least $25,000 below the accepted offer price.Because the buyers had released their appraisal contingency to sweeten the deal, they will have to increase their down payment by the difference between the appraised price and the offer price, Monat said.Real estate agents blame the current situation largely on a persistent lack of inventory, which has plagued the region since around 2013.The California Association of Realtors reported this week that the median amount of time it would take to sell all Bay Area homes on the market at the current sales rate was 2.4 months in April, down from 2.6 months the previous April and about half the historical average of 5.1 months, said Jordan Levine, the association’s senior economist.The median time it took to get an offer accepted on a Bay Area home was just 20.1 days last month, down from 20.4 days a year ago and about half the long-term average of 36.8 days.During the recession, he added, “many homes foreclosed upon were bought up by investors and turned into rental units.”[...] in some markets, rising income inequality has helped widen the price gap between starter, move-up and luxury homes.More construction would help, but it can’t solve the problem considering that new homes typically account for only one out of 10 homes on the market.On the plus side, if you can call it that, 40 percent of Americans age 18 to 34 (excluding college students) are still living with parents or relatives, the highest percentage since around 1940.
- Sound Off: Advice for getting started in the world of Bay Area real estate
Friday Jul 7, 2017
[...] becoming a real estate agent in the Bay Area might be the right career for you but it doesn’t come easy.After you’ve received your real estate license you should join a company that offers an “earn while you learn” training program.[...] if you’re broke and have fire in your belly, get out there and knock doors and leave an introduction at every house in the city.Introduce yourself as the new neighborhood real estate specialist and don’t stop until you have enough repeat clients and referrals to sustain the comfortable income you desire.Real estate isn’t unlike having your own store, restaurant, or other business.With the right attitude to serve and the stamina to work hard everyday, you just might be a perfect candidate for a career in Bay Area real estate.Karin Cunningham, Berkshire Hathaway Home Services California Realty, (650) 438-3504, email@example.com.Within the first 30 days of getting your license, organize all of your contacts into a sortable database, including name, phone number, email and mailing address.Contact everyone in the first 30 days to let them know that you in the business; then provide valuable insights to them every month thereafter.Becoming a real estate agent is a truly exciting and sometimes scary decision.For champions, greatness starts with an idea and a burning desire for achievement that is backed by right ACTION.Most people become real estate agents and begin with paralysis of analysis.Join a top real estate company that will invest in training for your success.
- The Annie Leibovitz of the Alt-Right
By MATTHEW KASSEL - Thursday Jul 20, 2017
The photographer Peter Duke is on a mission to make reactionaries look glamorous.