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Coldwell Banker Closes Two Local Offices

According to Banker and Tradesman, the Boston waterfront and Somerville offices of Coldwell Banker Residential Brokerage are set to close by the end of the month.

The Boston office’s 24 agents will move to other local offices, including the Back Bay, while Somerville’s 15 agents will move to the company’s Cambridge and Arlington locations. Three administrative positions will be terminated, two in Somerville and one in Boston, according to Roni Boyles, Coldwell Banker’s director of corporate communications.

Bushari Group Real Estate learned that a long time ago… We focused on internet exposure that generates over 20,000 visitors to our websites, while other offices focused on “walk by” traffic. These days, over 90% of home buyers start their home search online.

One thought on “Coldwell Banker Closes Two Local Offices

  1. Donna Hastings says:

    This is not as it would appear. Anyone who has worked on the Waterfront over the last few years knows that the real reason for the closing of the Coldwell Banker Waterfront office is the terrible lack of management. The person that was in charge of the office was horrific. He spent more time in local watering holes than doing anything at all regarding that office. The upper mgmt. in Coldwell should be embarrassed for not seeing this man running that office into closure. For a company like that to have such a big, visable office (last in sales on the waterfront with 3x the agents) close down is embarassing. I have never seen such a failure go unoticed for so long in such a large corporation. Very sad and pathetic!!!

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