Coldwell Banker Residential Brokerage has acquired the assets of Jelley Properties in Del Mar, California. Located in the heart of Del Mar Village at 1401 Camino del Mar, Jelley Properties has served clients from its single office throughout San Diego County for 45 years and boasts $25 million in sales volume in 2017. The new office increases Coldwell Banker’s presence in Del Mar to three offices with nearly 100 affiliated sales professionals.
The acquisition includes the single sales office of Joe Jelley properties, operating as Coldwell Banker Residential Brokerage. Joe Jelley, the former broker owner, will affiliate with Coldwell Banker in a sales capacity. Joining him are 18 independent sales professionals, formerly affiliated with Jelley Properties. “Coldwell Banker Residential Brokerage is known for its marketing capabilities, the superior support it provides to agents, global recognition and powerful network,” said Jelley. “I am confident that the agents will now have access to the many tools and resources needed to exceed their clients’ expectations.”
Jamie Duran, president of Orange County, Riverside County and San Diego companies of Coldwell Banker Residential Brokerage stated, “This acquisition reinforces our commitment to providing exceptional service in Del Mar and beyond, and expands our presence to 46 offices throughout Orange County, Riverside County and San Diego County. Joe Jelley Properties is a distinguished name in Del Mar with a team of talented real estate professionals. We are very proud to welcome them to Coldwell Banker.”