Thursday, June 26, 2008

Bullard Ranks in Top 700 Brokers In 20th Annual Listing by RISMedia

Coldwell Banker Bullard Realty has been named to RISMedia's 20th Annual Power Broker Report & Survey. The Metro South-based company ranked 167th in closed transaction sides in the Power Broker Report, which identifies and ranks America's largest residential real estate brokerage companies by transaction sides and sales volume.

Last year, Coldwell Banker Bullard was in the No. 194 position in the report.

The results of this year's Power Broker Survey reflect the market downturn felt from coast to coast. Longer listing times, more cautious buyers and the mortgage meltdown resulted in fewer total transactions -- 2,322,210 in 2007 compared to 2,754,618 in 2006. Meanwhile, price appreciation continued its decline, resulting in lower total sales volume -- $749,201,552,294 in 2007 compared to $855,755,959,352 in 2006.

To view the complete Power Broker Survey results, visit www.rismedia.com.

“Appearing in RISMedia's 2008 Power Broker Report is more important than ever,” explains RISMedia President & CEO John Featherston. “By ranking the industry's leading brokerages by sales dollar volume and transaction, we have been able to identify the leaders in real estate year after year. It's a great promotion and recruitment tool and a great way to show consumers that the real estate industry is still open for business.

“Being among the top 700 brokers in the country is a sure way to gain the trust of speculative clients, differentiate your firm from the competition, and catch the eye of ambitious new recruits.”

For years, the nation's top real estate brokers have sought to be included in the report-an indispensable reference tool used by the real estate industry. RISMedia's Power Broker Report is read by more than 300,000 real estate professionals, thousands of leading corporate relocation decision makers and is accessible online to millions of interested consumers.

The Power Broker Report & Survey is compiled annually by RISMedia and is based on data collected by an annual survey of leading residential real estate brokerage firms. All sales and transaction volume comes directly from brokerages and is verified and substantiated by external sources, in most cases accounting firms, prior to publication.

Based in Norwalk, Conn., RISMedia was founded in 1980 as the premier source of news and business-development information for the residential real estate and home services industries. RISMedia is the leading media organization for best practices information, breaking news and analysis, educational and networking events, and marketing and branding solutions for the leading real estate and home services companies throughout the United States. RISMedia's flagship publication, Real Estate magazine's printed edition is distributed to more than 40,000 brokers and leading agents nationwide, and RISMedia's Daily e-News is circulated to upwards of 300,000 real estate professionals each day. For more information, visit www.rismedia.com.

The Bullard organization was founded in 1956 by the late Cliff Bullard and worked out a franchise agreement with Coldwell Banker Real Estate Corporation in early 1998. It is the largest Coldwell Banker franchise in Georgia. Steve Bullard, current owner and president, has been with the company for more than 35 years.

The oldest and largest real estate company headquartered in the Metro South area of Atlanta, Coldwell Banker Bullard has its headquarters in Jonesboro. The organization now has other offices in Griffin, McDonough, Jackson, Peachtree City, Newnan, and Conyers, and a separate but affiliated company, Coldwell Banker American Land Mart in Conyers.

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