The value of the deal was undisclosed.

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Alan Jacobson, vice president, chief operating officer andco-owner of Wimbish, will become senior vice president of luxurysales for Coldwell Banker.

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The acquisition caught some South Florida brokerage sources bysurprise, especially since Wimbish's 500 sales associates booked$35.8 million in gross commission income in 2001; logged 2,700closed transactions; and sold 214 homes homes priced over $1million last year.

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Four of Wimbish-Riteway Realtors' sales offices—in Miami Beach,Coconut Grove/Coral Gables, Key Biscayne/Brickell and Aventura—willrun under the direction of Pat Dahne, regional president forMiami-Dade County. With these offices, Coldwell Banker ResidentialReal Estate has 22 offices and 1,550 sales associates servingMiami-Dade County.

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Kay Hall, regional president for Broward County, will overseeWimbish-Riteway's other three offices—in Fort Lauderdale,Weston/West Broward and Hollywood. This brings Coldwell BankerResidential Real Estate's offices to 25 with 1,700 sales associateswho serve Broward County.

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