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
JULY 15, 2014
NYS DOS ID#
UNITED STATES CORPORATION AGENTS, INC.
7014 13TH AVENUE
BROOKLYN, NEW YORK, 11228
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - MRM REAL ESTATE FUND I, LLC
AROUND THE WEB
- Nation’s largest brokerage firm acquires SF’s Climb Real Estate
By Kathleen Pender - Wednesday Aug 31, 2016
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By MATTHEW GOLDSTEIN and ALEXANDRA STEVENSON - Friday Jul 7, 2017
A contract for deed, a seller-financed deal, can make it difficult to determine who owns a property, and who is responsible for paying taxes.
- Sound Off:
Friday Jul 21, 2017
To protect my clients’ information I have them provide their Social Security Number and financial documents directly to the lender, even when I’ve referred them.When providing proof of funds, I have the lender list only the amount we need for the purchase in the letter, without divulging other assets and I’m circumspect about how much information I share about my client, for reasons of security and negotiation.There have been scams where a buyer wires money to a thief instead of the title company, so I remind my clients to call the title company before initiating the wire.Clients get emails allegedly from an escrow company or from their real estate agent providing wiring information for them to wire monies on the real estate purchase.Check your cell phone’s signal strength prior to and have emergency numbers programmed in.At that meeting ask for and make a copy of their ID and mention that your office keeps a copy on file for a period of time.Recently criminals/hackers have been targeting the email accounts of various parties involved in real estate transactions such as title and escrow officers, mortgage brokers and real estate professionals.The hackers then send fraudulent wiring instructions to clients who unknowingly wire their funds (deposits or cash to close) to the hackers banks account.Always personally verify wiring instructions on the telephone using the telephone number you normally use to contact the escrow officer, do not call the number shown on the email.Jewelry, cash, check books, and other valuables should be placed in your own safe deposit box while the property is on the market.
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