CONWAY — Coldwell Banker Wright Realty of Conway has a new name — Coldwell Banker Lifestyles — and new owners: partner Joe Burns and principal broker and partner Stefan Timbrel, both of New London.
But customers will find the same dedicated team and helpful staff, with the company adding enhanced marketing and sales resources as a result of the transaction.
Realtor-owners Antonella Bliss, Lindsey Maihos and Rose Robinson announced Feb. 7 they had sold their agency to Burns and Timbrell. The three will continue to work at the firm as Realtors, with Bliss serving as the managing broker for the Conway office. All 17 agents and four support staff will remain as well.
“We just felt like it was the right time to let go of the ownership responsibilities and that it would allow us to dedicate ourselves to what we love, which is helping people buy and sell real estate in our beautiful valley,” said Bliss.
“We feel that Coldwell Banker Lifestyles is a perfect fit with our business in terms of their integrity, their business philosophy and their interaction with and respect for agents and the same quality of service to customers. They look at their company as family, which is how we look at our business,” she added.
Maihos, Robinson and Bliss in 2007 purchased Wright Realty from then owner-broker Skip Smith, who continues as a broker in the Conway office. Smith had bought the agency from late founder Hal Wright, who had established the company in 1980. In 1992, Wright and Smith moved the business to a brick building on Route 16. In 2002, Wright Realty bought into the franchise brand, Coldwell Banker, renaming the company Coldwell Banker Wright Realty.
The growth continued under the new ownership of Bliss, Robinson and Maihos in 2007. They moved the office approximately five years ago across the street to 486 White Mountain Highway.
The company specializes in residential, resort and commercial real estate in the Mount Washington Valley and Western Maine.
The new Conway office will join Coldwell Banker Lifestyles’ 10 other offices in New Hampshire (Littleton, Franconia, Lincoln, Hanover, Sunapee, New London, Eastman and Concord) and Vermont (Ludlow and Quechee).
Burns and Timbrell said their firm was founded in 1939 as Country Houses Real Estate in New London and changed to Coldwell Banker Lifestyles in 2016.
Both Burns and Timbrell lauded the vitality of the valley’s outdoor recreation and beauty, which makes it a strong market for primary and second homes alike.
“People love to get away to the mountains,” said Burns, noting he loves to cross-country ski and hike in the area.
“We decided to look into the White Mountains and the North Country (for our business expansion) as we have witnessed so many people who want to get out of the city and be in the mountains and go hiking and skiing.
“There is something magical about the White Mountains and we’re very excited to be here and combining our resources,” Burns said.
In a full-page ad that ran in last Saturday’s Conway Daily Sun, the new and past owners noted the new franchise will bring “expanded marketing initiatives, the No. 1 luxury division in real estate and a massive national and international network.” According to the ad, the Coldwell Banker network includes 92,000 agents.
Burns and Timbrell said they are forecasting $400 million in sales volume this year and approximately 1,500 unit annual sales (predominantly in residential properties but also including commercial, condominiums and land). They said the company is among the top 10 in unit sales in New Hampshire.
As for the highly competitive local real estate market? “Real estate is always competitive, but we love to compete,” said Burns.
After the interview, the agents celebrated with a champagne toast and refreshments. They also showcased the new signs and displayed Coldwell Banker’s new logo, showing “CB” with the North Star and a “Guiding You Home” message over the new name, Coldwell Banker Lifestyles.
For more information, go to thecblife.com or call (603) 447-2117.