Coldwell Banker Burnet Announces Acquisition of RHS Realty

Coldwell Banker Burnet Announces Acquisition of
RHS Realty

Coldwell Banker Burnet recently announced that
it has acquired the assets of privately held RHS
Realty LLC, which is comprised of four offices
in Minnesota. RHS Realty is now operating as
Coldwell Banker Burnet.
Robin Peterson, president and COO of Coldwell
Banker Burnet, said, “We are very proud to welcome
the talented sales professionals from RHS
Realty to Coldwell Banker Burnet. We believe
this acquisition will strengthen our position as
the premier full-service real estate company in
the southern Twin Cities and enhance our presence
in the northwest suburbs.”
Tony Ashworth, president of RHS Realty, will
serve as a business development manager for
Coldwell Banker Burnet. Ashworth said, “This
is an exciting move for our sales associates and
a great fit. Our two companies have a similar
business philosophy and value structure, with a
strong emphasis on full service. We’re confident
that this union will enhance our ability to serve
home buyers and sellers in the local market.”
RHS Realty, which was founded in 1996 and has
177 sales associates, has been recognized for
rapid growth since its inception and was named
to the Minneapolis-St. Paul Business Journal’s
“Growth 50” in 2005 and 2006. The Business
Journal also named RHS Realty to its list of the
“Best Places to Work” in 2007.