The small team from Boston jumps from Compass to Coldwell Banker
Compass is a loss Coldwell Banker Real Estate earn.
The Boston-based Bell Petrini Group is affiliated with Coldwell Banker’s Back Bay office. The group is led by Katherine Bell and Maddy Petrini, who bring along three team members. The group was previously affiliated with Compass.
The Bell Petrini Group has over 20 years of experience and has closed $47 million in volume so far this year. They pride themselves on what they describe as a ‘white glove’ approach to buying, selling, leasing and developing.
According to 2023 rankings from RealTrend verified, the group ranked at number 42 in Massachusetts with a volume of $49.6 million. Bell and Petrini have each sold more than $100 million in volume over the course of their careers.
“We are very pleased to welcome the Bell Petrini Group to Coldwell Banker Realty,” said Pauline Bennett, regional president of Coldwell Banker, in a statement. “Their professionalism, expertise and enthusiasm enable them to serve as a trusted resource for our clients. They will undoubtedly further strengthen our presence in Boston.”
This isn’t Coldwell Banker’s first addition in Massachusetts this year. The top ranked small team at the end of August The collaboration between Lara and Chelsea affiliated with Gibson Sotheby’s International Realty, An Everywhere brand.
Although the Bell Petrini Group is relatively small, their move to Coldwell is a setback to Compass’s stated goal of achieving a 30% market share in the company’s 30 top markets. On his second-quarter earnings call in July, CEO Robert Reffkin announced that the company’s agent count is up 24% year over year and its market share is 5.13%.
Other recent additions to Compass include teams and agents in Houston, Florida, New Jersey, New York City, Tennessee, Washington and Colorado.
“I look forward to joining the Coldwell Banker Realty family and experiencing the incredible office culture they offer,” said Petrini. “The support in the office is different than other brokerage firms, and I am pleased to be able to leverage their innovative tools to better serve my clients.”
