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Coldwell Banker Residential Brokerage Acquires Sharp, Critchlow, Nash & Crouch in St. Michaels, Md.
COLUMBIA, Md. – December 15, 2005
Coldwell Banker Residential Brokerage in the Mid-Atlantic, today announced the acquisition of Nash & Crouch, Inc., doing business as Sharp, Critchlow, Nash & Crouch in St. Michaels, Md. The company’s offices in Easton and St. Michaels, Md. will now operate as Coldwell Banker Residential Brokerage. Coldwell Banker Residential Brokerage will combine its existing St. Michaels-based office and the newly acquired St. Michaels office located at 210 South Talbot Street, and operate from this new location.
Tom Crouch, president of Sharp, Critchlow, Nash & Crouch will remain with the newly combined company as a consultant and actively continue residential brokerage sales for the St. Michaels office. Hugh Smith, branch vice president of the Coldwell Banker Residential Brokerage office in Easton, will expand his responsibilities to manage the two new offices.
“The acquisition of Sharp, Critchlow, Nash & Crouch underscores our commitment to build our market presence and better serve consumers in this area,” said Hal Maxwell, president and COO for Coldwell Banker Residential Brokerage in the Mid-Atlantic. “The real estate professionals at Sharp, Critchlow, Nash & Crouch have been a driving force in the Talbot County area, and we are very honored to work with their team.”
Sharp, Critchlow, Nash & Crouch has been a distinguished firm in the Talbot County marketplace for nearly five decades. In 2004, its 17 sales associates accounted for nearly $87 million in total closed sales volume with an average closed sale price of $700,000. Interestingly, approximately 75 percent of the company’s total closed sales volume was concentrated in waterfront sales.
“We are excited to strengthen our offerings to the residents of Talbot County and its surrounding communities with the best available services and professional standards,” said Crouch. “Coldwell Banker Residential Brokerage’s many resources will benefit both our sales associates and clients as a result of this powerful union.”
Sharp, Critchlow, Nash & Crouch specializes in sales of fine waterfront, inland, and commercial properties as well as farms, and building lots fronting the tidal waterways along the Chesapeake Bay area. The firm is noted for sales of several 19th century homes in St. Michaels, Easton, Oxford, Claiborne, Sherwood, Bozman, Neavitt, and Tilghman.
Coldwell Banker Residential Brokerage (www.cbmove.com) is one of the largest residential real estate brokerages in the mid-Atlantic region, with more than 4,600 sales associates serving Maryland, Virginia, Washington D.C., and Delaware. Coldwell Banker Residential Brokerage is a member of the NRT family of companies. NRT Incorporated, a subsidiary of Cendant Corporation (NYSE: CD), is the nation’s largest residential real estate brokerage company. NRT has more than 1,000 offices and 62,000 sales associates operating in more than 35 major metropolitan areas. In 2004, NRT posted a real estate industry record of over $204 billion in closed sales volume.
To view properties listed for sale throughout the mid-Atlantic, visit www.cbmove.com.
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