Beaufort SC Real Estate News: Cora Bett Thomas to Acquire Tideland Realty

Posted by Todd Covington on Tuesday, June 9th, 2009 at 12:35am.

Cora Bett Thomas makes another move in the Beaufort SC real estate market with it's acquisition of Tideland  Realty.  While not official yet, according to reliable sources, Cora Bett Thomas Realty is in the final stages of taking over Tideland.  This is the second such purchase of anexisting real estate company in the Beaufort area by Thomas.  Cora Bett Thomas bought Town and Country in April 2009.

These moves will prove to be strokes of genius or a setback of enormous proportions.  We won't know the outcome until sometime next year when the Beaufort housing market finally rebounds. Also, don't expect agency consolidation to stop.  If print and other advertising cutbacks are an indicator, every real estate company in town is hurting.  With this many weakened agencies in town; you will see more consolidation and probably some closures.

If Cora Bett is hangs on until spring 2010, you might see a new real estate leader emerge in the local market.  My bet is on the slump being over early 2010 and Cora Bett Thomas benefitting greatly from some very savvy business decisions.  If the downturn continues through 2010, she might high-tail it back south where she came from. 



1 Response to "Beaufort SC Real Estate News: Cora Bett Thomas to Acquire Tideland Realty"

Meg Albertson wrote: Hi Todd! Goodness, good news travels fast doesn't it! You out-scooped us on releasing Tideland's merger with Cora Bett Thomas Realty & Associates. A formal announcement will be made public very soon. I'll forward you the correct logo as well for you to use in the future. We absolutely agree that the market is on the way up and are looking forward to renewed growth and opportunities in Beaufort. Seeing as we continue to make moves toward being the premier real estate leader in this region, we'd love for you to come take a look at being a part of our team!

Meg Albertson
Vice President of Marketing
Cora Bett Thomas Realty & Associates

Posted on Thursday, June 11th, 2009 at 2:50pm.

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