JOE VELASCO GROUP MAKES MOVE TO COLDWELL BANKER REALTY

Rhea-AI Summary

The Joe Velasco Group has joined Coldwell Banker Realty from Intero Real Estate Services Inc., operating from the Los Gatos office in Northern California. Led by Joe Velasco, the team brings an impressive track record with over $2 billion in total sales since 2001. The group has consistently ranked in the top 1% for sales volume among 1.4 million realtors in California and nationally for 12 consecutive years. In 2024, they achieved $180 million in sales volume across 90 transactions. Founded in 2011, the team specializes in Silicon Valley and Peninsula properties, serving diverse clients from homebuyers to luxury sellers and developers.

Positive

• Team achieved $180 million in sales volume across 90 transactions in 2024
• Consistently ranked in top 1% for sales volume among 1.4 million realtors for 12 consecutive years
• Total sales volume exceeds $2 billion since 2001
• Strategic expansion of Coldwell Banker's presence in the lucrative Silicon Valley market

Negative

• None.

The Silicon Valley and Peninsula-based team affiliates with Coldwell Banker Realty's Los Gatos office from Intero Real Estate Services Inc., a Berkshire Hathaway HomeServices affiliate

LOS GATOS, Calif., May 7, 2025 /PRNewswire/ -- Members of the Joe Velasco Group, led by Joe Velasco, have affiliated with Coldwell Banker Realty in Northern California from Intero Real Estate Services Inc., a Berkshire Hathaway HomeServices affiliate. The Joe Velasco Group, known for its extensive property experience in Silicon Valley and the Peninsula, will operate out of Coldwell Banker Realty's Los Gatos office.

"We are incredibly proud to welcome the Joe Velasco Group to Coldwell Banker Realty," said Kamini Lane, President and CEO of Coldwell Banker Realty. "With over two decades of experience, and a remarkable track record of over $2 billion in sales, Joe and his team exemplify the types of teams and agents we're dedicated to serving every day. We are thrilled to have them as part of our global network and look forward to supporting their continued success."

Joe Velasco is a highly accomplished real estate professional and team leader at the Joe Velasco Group, which he founded in 2011. He has consistently ranked in the top 1% for sales volume among 1.4 million realtors in California and nationally for 12 consecutive years, according to RealTrends. Velasco has closed over $2 billion in sales volume since his career start in 2001. In 2024, the team achieved over $180 million in sales volume across 90 transactions.

"We wanted to partner with Coldwell Banker Realty because of their unparalleled support and resources, which will allow our team to continue delivering exceptional service to our clients," said Velasco. "This partnership marks an important milestone for us, and we are excited about the opportunities ahead."

"We are delighted to welcome Joe Velasco and his team to Coldwell Banker Realty in Northern California," said Jennifer Lind, Regional President, West of Coldwell Banker Realty. "Their expertise, along with their extensive reach throughout the Silicon Valley real estate market, has a proven track record of success. Their innovative approach resonates with a diverse range of clients – from discerning homebuyers to luxury sellers and developers – making them a great addition to the Los Gatos office."

About Coldwell Banker Realty

Coldwell Banker Realty is one of the largest residential real estate brokerages in Northern California and serves the markets from Monterey to Tahoe with approximately 4,300 affiliated agents. Real estate agents affiliated with the company are independent contractor agents and are not employees of the company. Coldwell Banker Realty is owned by a subsidiary of Anywhere Real Estate Inc. (NYSE:HOUS), the largest full-service residential real estate services company in the United States. For more information, visit ColdwellBankerHomes.com. CalBRE #01908304.

PR Contact
Natalia Manez, Natalia.manez@cbhome.com
631-662-5481

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SOURCE Coldwell Banker Realty

FAQ

What is the significance of Joe Velasco Group joining Coldwell Banker Realty (HOUS) in 2025?

The addition brings a high-performing team with $2 billion in total sales to Coldwell Banker Realty, strengthening their presence in Silicon Valley. The team achieved $180 million in sales volume in 2024 and has consistently ranked in the top 1% nationally.

How much sales volume did Joe Velasco Group generate in 2024?

The Joe Velasco Group generated $180 million in sales volume across 90 transactions in 2024.

What is Joe Velasco Group's track record in real estate sales?

Since 2001, Joe Velasco Group has closed over $2 billion in sales volume and has ranked in the top 1% for sales volume among 1.4 million realtors in California and nationally for 12 consecutive years.

Where will Joe Velasco Group operate under Coldwell Banker Realty?

The Joe Velasco Group will operate out of Coldwell Banker Realty's Los Gatos office in Northern California, serving the Silicon Valley and Peninsula markets.