SEBRING – A merger, a company buying a competitor's office, consolidating offices and Realtors moving to other companies are all part of the local real estate business that is dealing with a difficult housing market. Coldwell Banker Highlands Properties LLC, a Sebring and Lake Placid Coldwell Banker real estate affiliate, has merged with Realty World Act Real Estate that became effective Nov. 1. "Basically this merger has allowed us to double our size because both of our offices were, generally speaking, the same size with the same amount of listings," said Jim Carroll, the former owner of Realty World Act Real Estate, and now the sales manager for Coldwell Banker Highlands Properties. "So now we have potentially brought ourselves into a much stronger market share in this area by doing this merger." "I believe the increased signage and doubling of listings, and its potential sales volume, ...more

November 11, 2007

Sprint Nextel said Monday that chairman and chief executive Gary D. Forsee will step down immediately, just two years after directing the $35 billion merger that created the nation's third-largest wireless company. ...more

October 9, 2007