Photo courtesy of Dave Futch, Coldwell Banker Island Properties.

Coldwell Banker Island Properties, a Maui based subsidiary of Coldwell Banker, has acquired the operations of Coldwell Banker Maryl on the Big Island. The purchase will close on Sept. 1, 2018.

Company executives say the acquisition by Coldwell Banker Island Properties “solidifies the fast growth of one of Maui’s largest property management companies” as it expands its business and operations to the Big Island.

Coldwell Banker Island Properties’ acquisition is motivated by the desire to expand its agent team and real estate agent operations, merging the Coldwell Banker Maryl real estate team with its own. To support this team, the company boasts one of the most agent-centric real estate offices, including free transaction coordination, lead generation, marketing support, agent training, and other income producing initiatives, all backed by the reputability of the leading brand name in the real estate industry.

John Ferguson, a partner in Coldwell Banker Island Properties said, “I am excited to welcome the excellent agent team from Coldwell Banker Maryl to our Island Properties ʻohana.  We will work hard to provide new support to these agents to grow their real estate business and grow our market share on the Big Island.”

Mark and Cheryl Richard, owners of Coldwell Banker Maryl over on the Big Island said, “We are very happy that our Maryl agents and employees will be remaining with Coldwell Banker and joining a dynamic and growing group such as Coldwell Banker Island Properties.”

For further information about Coldwell Banker Island Properties, please contact Steve Houle at steve@houlefinancial.com or (808) 264-4328.