Coldwell Banker Residential Brokerage Names Veteran Realtor Joe Brown President of Silicon Valley Operations.

SAN JOSE, Calif. -- Coldwell Banker Residential Brokerage, the leading real estate brokerage in Northern California, announced today that long-time South Bay Realtor(R) Joe Brown has been named president and chief operating officer of the company's Silicon Valley operation.

A 26-year real estate veteran, Brown has been manager of Coldwell Banker Residential Brokerage's San Jose Main and San Jose Willow Glen offices, overseeing the sales activity and general operations of the two offices as well as more than 185 sales associates.

Brown replaces Chris Trapani, who is leaving his position after two years for personal reasons.

"Fortunately, we have within our Silicon Valley company a highly respected and experienced leader in Joe Brown who is well-suited to step into this post," Greg Macres, Western Region senior vice president for NRT Incorporated, Coldwell Banker Residential Brokerage's parent company. "With Joe's breadth of real estate experience and first-hand knowledge of our operations and business direction, he is clearly poised to guide our company to even greater heights as we build on the momentum we've gained in Silicon Valley."

Brown, who has lived and worked in the San Jose area most of his life, began his real estate career in 1980 and earned his broker's license in 1986. At that time, he owned his own company, with two sales offices in Campbell and a mortgage company. Brown has been credited several times in his career with bringing in top real estate talent and ultimately expanding his company's operations. As manager of Coldwell Banker Residential Brokerage in San Jose, he expanded his team from 84 agents to 206 in just four years. Of those recruits, many were ranked among the top 100 agents in Silicon Valley.

"Joe knows the South Bay real estate market as well as anyone in this business, and he is very well known and respected throughout the valley," Macres said. "Agents gravitate toward Joe because he genuinely cares about their career and supporting them in their success. People who meet him quickly regard Joe as a close friend."

Brown said he is excited and honored by the opportunity to lead Coldwell Banker Residential Brokerage in Silicon Valley. "We are fortunate to have an extremely talented and highly-regarded team of real estate professionals here in the South Bay," he said. "They are the reason why Coldwell Banker Residential Brokerage is the top residential brokerage in the region. My main focus going forward will be on finding even more ways to support our agents, to give them the tools to offer outstanding service to our customers and to enjoy great success in their own careers. If we do that, I know Coldwell Banker Residential Brokerage will continue to grow and be successful well into the future."

About Coldwell Banker Residential Brokerage

Coldwell Banker Residential Brokerage, the largest residential real estate brokerage in Northern California, serves the markets of Sacramento/Tahoe, San Francisco Bay Area and Silicon Valley. The company has 68 office locations and more than 4,800 sales associates throughout Northern California. Through its internationally renowned Coldwell Banker Previews(R) program, the company is widely recognized for its expertise in the luxury housing market. Coldwell Banker Residential Brokerage is a member of the NRT family of companies. NRT Incorporated, the nation's leading residential real estate brokerage company, is a subsidiary of Cendant Corporation (NYSE:CD), one of the world's foremost providers of travel and real estate services. For more information please visit www.CaliforniaMoves.com or call 925.275.3085.