Prudential California Realty, a Northern California real estate brokerage, has announced that the company has added two established real estate brokerages in Merced County to its network.
Prudential California Realty owned by Charlene Sloan and RE/Max Central Valley Realty, owned by Tammie Miller, will now operate under the Prudential California Realty Pearson Properties banner. The addition brings the total number of offices in the company’s Northern California network to 20, and merges two strong market leaders in Merced County. The two offices serve the Los Banos, Merced and Gustine areas, and together command number one market share. This is the thirteenth acquisition Prudential California Realty has made in the past 24 months.
“The Merced County real estate market has had a lot of hard knocks and as a result, has created a very loose service environment. We plan to go into the market and give full service to all clients, not just some,” said Gretchen Pearson, President of Prudential California Realty Pearson Properties. “Another reason we liked this market was that we are bullish on a comeback, as are many corporations evident in the increase in commercial real estate development happening now. The other positive trends we see are in the investor market, which is very active, and that the area is becoming more and more a commute path for people working in the South Bay.”
The Prudential California Realty office in Los Banos was owned and operated by Charlene Sloan for nearly 30 years. Sloan will continue to serve the community as a real estate agent for the company. RE/Max Central Valley Realty is a successful brokerage owned and operated by Tammie Miller, who closed nearly 100 transactions in 2011 with her team.
With the acquisition, Prudential California Realty adds two new offices in Los Banos and will now have over 20 agents serving Merced County.
“Merging with Prudential California Realty offers my team and our agents an opportunity to provide an increased level of professionalism utilizing the company’s tools to market our listings, and expands our access to services and training that were previously unavailable to us,” says Miller.
Prudential California Realty offers a one-stop shop for multiple real estate needs including residential resale, property management, new construction, REO services, investment property, home financing, short sales, and commercial and land services.
For more information, visit www.PruCA.com.
