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March 8, 2012

Realogics Sotheby's International



Realogics is restructuring and launching a new division to sell land and commercial properties. Chad Zinda is the division's new director of sales and its designated broker. Grant Gibbs is brand development director to support broker recruitment. Sam Cunningham is shifting from brokerage operations to building a new resale team. Chris Rossman will move from sales director to help lead the new division. He will be focused on special asset classes, including note sales and the sale of land and commercial properties. President and CEO Dean Jones said this helps diversify from new high-rise condos into property sales. Jones predicts it could be at least 2015 before new condos are for sale in downtown Seattle: “As the economy improves, we'll be well positioned for another cycle of apartment conversions and eventually, new construction ahead.”

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