Cornell & Associates merges with Bosshardt Realty
Published: Thursday, January 10, 2013 at 3:42 p.m.
Last Modified: Thursday, January 10, 2013 at 3:42 p.m.
Two of the top five selling real estate companies in Gainesville are joining forces.
Cornell & Associates is merging with Bosshardt Realty Services, the companies announced Thursday.
President Aaron Bosshardt said the move gives Bosshardt some of the top talent in the local real estate industry, while Ken Cornell said the larger company gives agents more resources to serve customers.
Their combined residential sales and Bosshardt’s property management and commercial real estate businesses add up to more than the second- and third-largest real estate companies in the market combined, Bosshardt said.
Cornell & Associates has 15 sales associates. While they are independent contractors, Ken Cornell said he hopes they will come over to join Bosshardt, which had 58 agents and 50 employees prior to the merger.
Ken and Angela Cornell were both named senior vice presidents.
Bosshardt Realty was founded by owner Carol Bosshardt, Aaron’s mother, in 1987.
Angela Cornell became a sales associate with ERA Trend Realty in 2002, and Ken joined in 2003. They founded Cornell & Associates in 2006 with an office in Haile Plantation, handling a lot of higher-end homes in southwest Gainesville.
Ken Cornell said the company grew sales volume every year and closed on 100 to 120 sales totaling $15 million to $20 million per year in recent years.
While Cornell & Associates was singularly focused on residential sales, Ken Cornell said they now have more flexibility to respond to changing market conditions for customers who might be better served by renting their properties or who also have commercial real estate needs. Bosshardt also has an in-house attorney to handle short sales.
“We’re so much stronger together, especially in these tough times,” Aaron Bosshardt said.
“This town as we know it is going through a transformation,” Ken Cornell said. “The industries of the future in the world are being attracted to this community. … So the best and the brightest servicing that community is what this is about.”
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