In a major consolidation in residential real estate, Keller Williams is buying Prudential franchise offices in Albuquerque and Santa Fe.

The deal is not expected to be announced until August 10 when Prudential’s franchise agreement with Fulton Murray, owner of Prudential Sandia Prudential Sandia Latest from The Business Journals Movers and ShakersVaughan Co. addresses possible changes Follow this company and Prudential Santa Fe Prudential Santa Fe Latest from The Business Journals Eco-friendly Santa Fe development grows around plazaAlbuquerque Realtor becomes Prudential franchiseNTS Communications shuts local office, knocks Qwest Follow this company , expires.

The deal would give Keller Williams a major presence in the Santa Fe market where it currently only has one agent listed on its website as well as strengthen its position in Albuquerque where it has three offices and 170 agents.

Keller Williams is the second largest brokerage in New Mexico behind Coldwell Banker Legacy Coldwell Banker Legacy Latest from The Business Journals Albuquerque’s Tanoan Office Plaza for saleHomes in Transition nips vandalism, thefts at empty abodesDemand for homes rises, but credit still scarce for buyers Follow this company . The deal would solidify its position but not surpass CB Legacy in terms of number of agents. CB Legacy has more than 500 agents.

This will be the second major shakeup in residential brokerage in the past 12 months after Doug Vaughan‘s residential brokerage dissolved and its agents were absorbed by other brokerages. The recession has forced the industry to consolidate and Keller Williams appears to be positioning itself to challenge CB Legacy for supremacy in the Land of Enchantment. …

In a major consolidation in residential real estate, Keller Williams is buying Prudential franchise offices in Albuquerque and Santa Fe.

The deal is not expected to be announced until August 10 when Prudential’s franchise agreement with Fulton Murray, owner of Prudential Sandia Prudential Sandia Latest from The Business Journals Movers and ShakersVaughan Co. addresses possible changes Follow this company and Prudential Santa Fe Prudential Santa Fe Latest from The Business Journals Eco-friendly Santa Fe development grows around plazaAlbuquerque Realtor becomes Prudential franchiseNTS Communications shuts local office, knocks Qwest Follow this company , expires.

The deal would give Keller Williams a major presence in the Santa Fe market where it currently only has one agent listed on its website as well as strengthen its position in Albuquerque where it has three offices and 170 agents.

Keller Williams is the second largest brokerage in New Mexico behind Coldwell Banker Legacy Coldwell Banker Legacy Latest from The Business Journals Albuquerque’s Tanoan Office Plaza for saleHomes in Transition nips vandalism, thefts at empty abodesDemand for homes rises, but credit still scarce for buyers Follow this company . The deal would solidify its position but not surpass CB Legacy in terms of number of agents. CB Legacy has more than 500 agents.

This will be the second major shakeup in residential brokerage in the past 12 months after Doug Vaughan‘s residential brokerage dissolved and its agents were absorbed by other brokerages. The recession has forced the industry to consolidate and Keller Williams appears to be positioning itself to challenge CB Legacy for supremacy in the Land of Enchantment.

Keller Williams’ Albuquerque manager and qualifying broker, Tina Eberly, did not immediately respond to phone calls from the Business Weekly.

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