SUBURBAN CHICAGO REAL ESTATE POWER COLDWELL BANKER HONIG-BELL EXPANDS PRESENCE INTO MCHENRY COUNTY AND SOUTHEASTERN WISCONSIN

Company Merges with the Coldwell Banker Primus Operations in Algonquin, Cary, Crystal Lake, McHenry, and Lake Geneva, Wisconsin

    Coldwell Banker Honig-Bell, already one of Illinois’s largest residential real estate firms, expanded its size and scope into the McHenry County and Southeastern Wisconsin markets by acquiring Coldwell Banker Primus offices in Algonquin, Cary, Crystal Lake, McHenry, and Lake Geneva, Wisconsin.  Coldwell Banker Honig-Bell now has 35 residential offices, 2 commercial offices and nearly 1,100 agents.             

    Led by owner and President Ed Prodehl, Coldwell Banker Honig-Bell is the number one Coldwell Banker franchise in the state of Illinois and the number three franchise among its 961 companies nationwide.  The company has been a member of the prestigious Coldwell Banker Chairman’s Circle, the brand’s highest honor, since joining the Coldwell Banker ranks in 1994.  Coldwell Banker Honig-Bell also checks in at the 31 spot for closed transaction sides among the 500 largest Brokers in the nation, according to Real Trends.   

    “Today marks another chapter in our firm’s great history,” Prodehl said.  “We are a family-owned business that has had great success due to our management team and outstanding agents. We look forward to welcoming the Coldwell Banker Primus agents into the Coldwell Banker Honig-Bell family and are confident the transition will be seamless.” 

     Prodehl added that “Northern Illinois home buyers and sellers will benefit greatly from Coldwell Banker Honig-Bell’s arrival into the region.  The Coldwell Banker Primus agents will be able to work within the framework of a larger company with access to buyers and sellers from northern Illinois as well as Chicago, the surrounding six county area and central Illinois.”     

    This event comes at a time when many real estate companies are cutting back.  Prodehl, on the other hand, is confident that the real estate market is improving and is very excited about expanding his company.  He said that growth is essential in any business and, given the adjoining market areas serviced by these two neighboring companies, there could not be a better fit to the company’s growth plans.

    “There is no doubt that Ed and his management team at Coldwell Banker Honig-Bell have built a real estate power in Illinois,” said Jim Gillespie, chief executive officer of Coldwell Banker Real Estate LLC.

    “They have done phenomenally well in the suburbs of Chicago, and I am confident that their successful approach to real estate will translate well in northern Illinois and southeastern Wisconsin.  The Coldwell Banker brand has played a significant role in helping thousands of homebuyers and sellers in these markets over the years and the outstanding service they have come to expect from our brand will continue under Coldwell Banker Honig-Bell.”

    In addition to the five former Coldwell Banker Primus offices, Coldwell Banker Honig-Bell office locations include Joliet, Shorewood, Channahon, Morris, Ottawa, Plainfield, Naperville, Romeoville, Lockport, Homer Glen, New Lenox, Frankfort, Orland Hills, Aurora, Oswego, Yorkville, Geneva, Sycamore, Genoa, Champaign, Springfield, Danville, Decatur, Peoria, Pekin, Monticello, Morton, Mahomet, and Arthur. 

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