It’s said location is everything in real estate. The local Coldwell Banker Burnet office hopes that adage is true.
After a quarter-century in Washington Avenue offices, the Coldwell Banker’s Stillwater office moves a few blocks west to a renovated office on Curve Crest Boulevard next to Great Harvest Bread and across the street from the Market Drive Cub Foods store.
“We will be open for business on Friday the 21st,” said Adam Nyberg, manager of the local Coldwell Banker office.
Nyberg said the move of the local Coldwell Banker office from it’s old location at 2020 Washington Avenue has been planned for about one year.
“I actually spent about a year looking at sites,” Nyberg said. He added that he considered a variety of locations, including downtown sites until deciding to lease a vacant section of a building on Curve Crest Boulevard.
“We renovated the space in about 90 days,” he said.
Nyberg said changes in how Coldwell Banker real estate agents work with clients was another reason the local office is moving.
“A big part of the move is that agents are doing business differently than when we were in the old office,” he said.
Technology is another reason for the change, according to Nyberg. He said agents are using smart phones, iPads and other computer technology to help clients buy and sell homes. He adds that Coldwell Banker’s new office is designed to let agents use the latest computer technology in home sales.
“It will be a great benefit to our clients,” he said.
Agents also are working less during traditional day time business hours and spending more time in the field meeting clients and showing properties, Nyberg said.
Coldwell Banker’s move comes at a time when Stillwater-area homes sales are rising, Nyberg said.
“Home sales are up substantially over the prior year. In Stillwater in 2012, the (housing) market started to generate steam,” he said. “Now is a good time to sell. It’s also a great time to buy because interest rates are still low.”
Nyberg said Coldwell Banker has seen its business increase with the rise in local homes sales.
“Our office has seen over a 50 percent increase (in sales) over the prior year,” he said.
The combination of rising homes sales, changes in how real estate agents market properties and work with clients and a desire to be in a more visible location led in the move of the local Coldwell Banker office, Nyberg said.
“We wanted to get in a little more visible area,” he said about the new Curve Crest Boulevard office. “It’s kind of the new hub of Stillwater. It’s where the action is.”