This just in; Dickson Realty transfers it’s Lake Tahoe offices to Coldwell Banker Select…
11
Mar
The South Lake Tahoe, Zephyr Cove, Tahoe Keys, Incline Village and Kings Beach offices of Dickson Realty are merging with Coldwell Banker Select. This adds to Dan Jacuzzi’z recent acquisition of numerous real estate offices around Reno, Sparks, Tahoe and Truckee. We are proud to add these offices to our quiver of Coldwell Banker Select associates around the area.
Here are some recent releases from myself and a company release:
I am pleased to announce the merger of
March 10,, 2009
Nancy Fennell, CEO of Dickson Realty and Daniel Jacuzzi, President/CEO of the Select Group, jointly announced the transfer of
Dickson Realty’s Lake Tahoe offices to the Select Group. Dickson Realty is retaining its Reno/Sparks and Truckee, Calif., office
locations. The South Lake Tahoe, Zephyr Cove, Tahoe Keys, Incline Village and King’s Beach offices of Dickson Realty are
involved in the merger and will become Coldwell Banker offices effective March 11, 2009.
“Our country is in a severe economic contraction and most businesses are contracting accordingly. We at Dickson are no
exception,” said Nancy Fennell, CEO of Dickson. “The Lake Tahoe residential market sales activity is off almost 50% from 2005
and we had to take a hard look at whether Dickson could maintain the level of presence and devotion in this environment that
we desire for the markets we serve. It was a difficult decision, but we have chosen to refocus our efforts on our Reno and
Sparks core markets.
“The new owner is someone with a strong position in the lake area market, and has resources available to the offices and the
outstanding agents in them”, continued Fennell. “The Lake Tahoe residential market is really much more California driven,
than Reno driven. The Select Group has its roots in the California market, which will be great for the agents in the offices
involved in the merger.
Jacuzzi recently completed a merger of several of the most established real estate brokerages in the Reno and Lake Tahoe
areas including: Coldwell Banker Village Realty, Coldwell Banker Incline Village, Century 21 Mountain Properties, Century 21
Tahoe Pines and Century 21 Goldcrest Properties. Dickson’s former Tahoe offices will become Coldwell Banker offices under
the new ownership.
“The Lake Tahoe and Northern Nevada region are very attractive markets for Select’s clients throughout Northern California”,
says Daniel Jacuzzi, President and CEO of The Select Group. “We are excited about the merging of these outstanding firms that
both embody our focus on exceptional client?centric service. In addition, by linking together our Nevada team with our
California feeder markets we will be able to create exposure for our Buyers and Sellers that simply cannot be matched by any
other company”
About The Select Group and Daniel Jacuzzi
Daniel Jacuzzi, owner of the Select Group began his Real Estate Career as a salesperson in 1976. In 1980, Daniel acquired a 9
person Century 21 office in Yuba City, CA that has evolved into The Select Group/
Today the Select Group is a regional, vertically integrated real estate company now operating 20 offices with over 700 Sales
Associates in the Reno, Sparks, Fernley, and the Lake Tahoe areas of Nevada and the Sacramento Region, Chico, Paradise, the
Sierra Foothills and Truckee in California. The Select Group consists of Coldwell Banker Select Real Estate, Coldwell Banker
Incline Village Realty, Century 21 Select Real Estate, Century 21 Auburn Realty, Century 21 Jeffries Lydon, ERA Realty
Center and ERA Cornerstone Realty. To provide comprehensive real estate services to its clients, The Select Group
additionally operates Stanford Mortgage, Select Property Management, The Select Business Development Center, Select
School of Real Estate and the Select Client Club.The Select Group’s
main office is located at 437 Century Park Drive, Yuba City, CA 95991 and can be reached at (530) 237?1802.
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