Biggest area realty broker merges with Ind. firm

‘When we sat down with Paul and his team, we learned his company had the same values and culture.’

Ron Sweeney

The largest residential real estate brokerage in the region has merged with another powerhouse in home sales.

Coldwell Banker Heritage, headquartered in Beavercreek, announced it has merged with Lingle Real Estate Inc. in Richmond, Ind., creating Coldwell Banker Lingle.

Before the merger, both real estate firms were leaders in their markets for decades.

Coldwell Banker Heritage, which just turned 50 years old, has close to 380 real estate agents and said it is on pace to hit $950 million in sales volume overall this year.

Coldwell just opened a new office in Washington Twp., and also has sales offices in Troy, Springboro, Springfield, Vandalia, Kettering, Huber Heights and Beavercreek. Coldwell also recently brought on an experienced commercial broker, Ric Moody, to grow Coldwell’s commercial real estate side in the region.

Paul Lingle, son of Bill Lingle, who started the company in 1959, will continue to manage the sales and operations of Coldwell Banker Lingle, according to a release sent Thursday night.

Coldwell Banker Lingle will be

Managing partner at Coldwell Banker Heritage

supported by Coldwell Banker Heritage’s marketing and technology resources, and Coldwell Banker will gain a presence in Wayne County and eastern Indiana, where Lingle Real Estate has long been a trusted name, the release stated.

“When we sat down with Paul and his team, we learned his company had the same values and culture. Together, we are committed to ensuring that all homebuyers and sellers receive the best imaginable service as their trusted adviser and that our agents are afforded every opportunity to maximize their business potential,” said Ron Sweeney, managing partner at Coldwell Banker Heritage.