{"id":3801,"date":"2022-12-16T15:56:29","date_gmt":"2022-12-16T15:56:29","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2022\/12\/16\/corcoran-group-pieces-an-affiliate-back-together-in-norcal\/"},"modified":"2025-03-13T02:48:28","modified_gmt":"2025-03-13T02:48:28","slug":"corcoran-group-pieces-an-affiliate-back-together-in-norcal","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2022\/12\/16\/corcoran-group-pieces-an-affiliate-back-together-in-norcal\/","title":{"rendered":"Corcoran Group pieces an affiliate back together in NorCal"},"content":{"rendered":"\n<p>After announcing on Monday that <strong>Corcoran Group<\/strong> was terminating all <strong><a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/corcoran-group-terminates-socal-franchise-agreements\/?cx_testId=6&amp;cx_testVariant=cx_1&amp;cx_artPos=0&amp;cx_experienceId=EXSCFTQKT12O#cxrecs_s\" target=\"_blank\" rel=\"noreferrer noopener\">Corcoran Global Living franchise agreements,<\/a><\/strong> which sent affiliated agents and teams throughout <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/corcoran-global-living-agents-make-the-jump-to-berkshire\/\" target=\"_blank\" rel=\"noreferrer noopener\">California<\/a>, <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/the-corcoran-global-living-agent-defections-continue\/\" target=\"_blank\" rel=\"noreferrer noopener\">Nevada<\/a> and Ohio adrift, the firm has announced the launch of its newest affiliate, Northern California-based <strong>Corcoran Icon Properties<\/strong>.<\/p>\n\n\n\n<p>The new affiliate is comprised of 24 offices and over 900 sales associates and staff. In addition to many of the agents impacted by the closure of Corcoran Global Living, Corcoran Icon Properties has staff coming from brands including <strong>Zephyr Real Estate, Terra Firma Global Partners, MikkiMoves Real Estate, Barry Ward Realty, Caldecott Properties, Discovery Bay Properties, Thrive Real Estate<\/strong>, and <strong>Highland Partners<\/strong>.<\/p>\n\n\n\n<p>The firm will cover six markets including the greater San Francisco Bay Area, <a href=\"https:\/\/preprod.realtrends.com\/blog\/articles\/eureka-california-an-oasis-for-climate-and-equity-refugees\/\" target=\"_blank\" rel=\"noreferrer noopener\">Humboldt County<\/a>, and Calaveras County in California\u2019s Gold Country.<\/p>\n\n\n\n<p>\u201cI\u2019m thrilled to see Corcoran Icon Properties ushering in a new era for Corcoran in Northern California,\u201d Pamela Liebman, The Corcoran Group\u2019s president and CEO, said in a statement. \u201cWith the power of our brand behind them, I\u2019m confident that this team will achieve even greater success in 2023 and beyond.\u201d<\/p>\n\n\n\n<p>According to Corcoran, Randall Kostck, who has over 35 years of experience in the real estate industry, will serve as the firm\u2019s CEO, and Steve Belluomini will serve as president. Belluomini is the former president of Thrive Real Estate.<\/p>\n\n\n\n<p>\u201cForming a new Corcoran franchise with our united NorCal group allowed us to oversee our operations at a local level and position the team for a successful future,\u201d Belluomini said in a statement. \u201cThis is an exciting moment for us, and I\u2019d like to thank a very hard-working group of agents and staff for staying the course and joining us on this new road together.\u201d<\/p>\n\n\n\n<p>The rest of the leadership team will be comprised of chief operating officer Matt Borland and chief marketing officer Melody Foster.<\/p>\n\n\n\n<p>In November, three separate lawsuits filed by former Corcoran Global Living agents alleged fraudulent behavior and breach of contract by CEO Michael Mahon. Several agents&nbsp;<a href=\"https:\/\/www.inman.com\/2022\/11\/18\/corcoran-global-living-ceo-awash-in-lawsuits-amid-agent-pay-delay\/\" target=\"_blank\" rel=\"noreferrer noopener\">told<\/a>&nbsp;Inman News in November that they didn\u2019t receive commission checks for closed deals.<\/p>\n\n\n\n<p>Corcoran Global Living was Corcoran\u2019s largest franchise before the franchise agreements were terminated this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new Corcoran Group affiliate is comprised of 24 offices and over 900 sales associates and staff.<\/p>\n","protected":false},"author":34740,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[1760],"class_list":["post-3801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Corcoran Group pieces back together an affiliate in NorCal<\/title>\n<meta name=\"description\" content=\"After shutting down Corcoran Global Living offices in California, Nevada and Ohio, Corcoran Group launches new NorCal affiliate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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