Saturday, April 19, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Kappel & Kappel, Gateway merge to create new realty powerhouse

Kappel Gateway 6_14_13

Coldwell Banker, Kappel & Kappel and Gateway Realty co-owners/brokers, from left to right, Steve Kappel, Sue Kappel, Bev Dorsett and Steve Spencer. (Robinson Kuntz/Daily Republic)

FAIRFIELD — Kappel & Kappel Realty and Gateway Realty have merged and purchased a Coldwell Banking franchise, creating a realty powerhouse in Solano County.

The move was announced by Coldwell Banker Kappel Gateway Realty at a meeting Tuesday in Fairfield, marking the partnership that will now include nearly 250 agents and eight offices in the county. The move will meld agencies that have been around since 1972 and totaled more than $600 million in sales last year.

“After years and years of being the fiercest competitors, we also complemented each other. We (Gateway) have Green Valley and Fairfield. They have Vacaville and (the) north county,” said Steve Spencer, owner broker. “It seemed like it just meshed.”

Sue Kappel said joining forces is happening at the perfect time, given that the market is recovering and inventory is becoming more accessible. Along with a greater presence in the county and beyond, Kappel said Coldwell Banker will be able to provide training and other services the agencies paid for separately.

“Even though we’ve been competing, we’ve been meeting for years,” Sue Kappel said. “Think about all the money we’ve spent competing.”

The merger and acquisition means the local agents will now have access to a national directory of Coldwell Banker clients that includes membership to a relocation service for businesses and government employees, said Budge Huskey, CEO of Coldwell Banker.

“The fact is, real estate has become a business where you have to cast a greater net,” Huskey said. “They are positioning their companies for the next cycle.”

Steve Kappel said the aspect of bringing in clients from outside the area was appealing in looking at acquiring a Coldwell Banker franchise.

“Real estate is a local business,” Steve Kappel said. “That national connection is important.”

Huskey said Coldwell will benefit from the move as much as the local firms, as there are only about 30 employees in Solano County, which sits between Sacramento and San Francisco, regions where Coldwell has a good footing, Huskey said.

“It’s a big thing for us, too. These are two very established and respected companies,” Huskey said. “Looking at Coldwell Banker, you would see that along I-80, there was that gap that needed to be filled.”

Owner Broker Bev Dorsett of Gateway said the merger went smoothly because of the familiarity of all involved. She said the purchase of the franchise was an obvious move for both groups. That process isn’t always easy when combining multiple companies. She said the clients will benefit as much as the agents given the increased Internet presence and referrals.

“Usually when there is a merger, you are juggling three sides,” Dorsett said. “Those things equal more power, more tools and more services to offer the client.”

Spencer said even with nearly 25 percent of the market share, the company may not be done growing.

“We’re hoping that some of the smaller, quality companies will join us,” he said. “Compared to what we are doing now, it will be a snap.”

Dorsett said the merger and market turn has the group raring to go and is optimistic about the future.

“We were rejuvenated,” Dorsett said. “We haven’t been this excited in years. We expect it to carry out through the company.”

Deborah Gallagher, president of the Northern Solano County Association of Realtors, said the merger will benefit the real estate industry in the county as a whole. She acknowledged that smaller firms may be affected and admitted some may have to decide what their future is.

“I think it will do Solano County well. We’re going to have different tools at our disposal,” Gallagher said. “It’s not like a bank. It can keep getting bigger. It’s hard to fight that.”

The moves will come with some logistical changes for agents. Some of those, she said, will play out in the coming weeks and months. First off, the Coldwell Banker office at 795 Alamo Drive in Vacaville will close in seven days. Agents from that office can choose to move to the Dixon office or any of the Kappel or Gateway offices, she said.

“We have places to go, but it’s quite a surprise,” Gallagher said.

While many will have mixed emotions about the changes, Gallagher said it’s up to agents to make the most of it.

“You make your happiness,” she said. “It’s not like we’re being bought out by people we don’t know.”

Reach Danny Bernardini at 427-6935 or dbernardini@dailyrepublic.net. Follow him on Twitter at www.twitter.com/dbernardinidr.

Danny Bernardini

Danny Bernardini

Danny is a newspaper man born and raised in Vacaville. He attended Chico State University and has written for the Enterprise Record and the Reporter. Covers the City of Fairfield, education and crime. A's, Warriors and Saints fan. Listener of vinyl, frequent visitor to the East Bay. Registered "decline to state" voter. Loves a good steak.
LEAVE A COMMENT

Discussion | 13 comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

  • Danny BuntinJune 18, 2013 - 4:27 pm

    I am curious when the layoffs will begin?

    Reply | Report abusive comment
  • Mr. PracticalJune 19, 2013 - 5:48 am

    I doubt if there would be many layoffs. I don't believe they have that many employees.

    Reply | Report abusive comment
  • Danny BuntinJune 19, 2013 - 6:36 am

    Actually they have quite a few throughout the county. Not saying it will have a great economic effect on Solano county. Although, when you reduce competition the customer rarely wins. Couple that with redundancies that will be worked out, only the top of the food chain makes out on deals like this. I am fairly sure that some people are sweating out this merger, waiting for the dreaded "Can you come into work today and bring your company equipment". Ive been in that positions twice before in a different industry.

    Reply | Report abusive comment
  • Mr. PracticalJune 19, 2013 - 6:56 am

    Danny, the realtors are independent contractors and won't be going anywhere unless they want to. Any casualties would be clerical and admin.

    Reply | Report abusive comment
  • DanielJune 19, 2013 - 7:17 am

    Its amazing how little knowledge the public has on business. They parrot what the media feeds them. Real estate agents are independent contractors and are paid on commission alone there well be no layoffs.

    Reply | Report abusive comment
  • Danny BuntinJune 19, 2013 - 7:29 am

    @ Daniel: What is the purpose of merging then? To increase the size of the yearly holiday party? Hardly. What media are you referring too that is feeding me?

    Reply | Report abusive comment
  • Danny BuntinJune 19, 2013 - 7:24 am

    I see your point, but redundancies usually occur in the back office as a motivation for merger. Middle management is supported by those back office personnel, and it would be naive to think they are not on the chopping block. So we agree kind of, it just took a little clarification. >Merge >Less competition >Remove redundancies = No benefit for consumers.

    Reply | Report abusive comment
  • REStudentJune 19, 2013 - 8:04 am

    Agents are independents who can go wherever they like. I did some research and Coldwell Banker is a solid company that may just be able to provide the consumer with a better experience than what they are accustomed to. I know that they are on the cutting edge of technology. Sounds like a win (or certainly not a loss) for everyone involved. I'm ready to hang my license soon...may have to check this place out.

    Reply | Report abusive comment
  • CD BrooksJune 19, 2013 - 7:38 am

    Frankly, I'm not sure this is such a big deal. It surely isn't going to affect anyone outside the industry. Unless you sign on with them, they're just another Real Estate Company. I'm not real sure how many agents could be involved here as many have all ready moved.

    Reply | Report abusive comment
  • BakefudgeJune 19, 2013 - 1:34 pm

    Only news here is that 2 competing companies are now merged and and they bought a franchise for additional resources. Most people who buy homes know their agent in one form or another. If selling probably the same. Rarely do homeowners attach themselves to "brandname" companies. Any other broker can compete with them still, just remember that the money made by this larger will be divided heavier to the additional owners and fees.

    Reply | Report abusive comment
  • Rich GiddensJune 19, 2013 - 11:27 am

    Where's my comment Daily Republic?---since I gave them business, surely my customer review of them (positive) should be included.

    Reply | Report abusive comment
  • Beth BitcherJune 22, 2013 - 11:06 am

    Great merger, too bad they had to bring that little blonde along, Beth

    Reply | Report abusive comment
  • Steven SmithJanuary 14, 2014 - 9:41 pm

    Here is a nickels worth of free advice..... Do not do business with Kappel & Kappel ; Gateway, Solano Property Management, Premier Commercial or any other business that Steve Spencer has his mitts in. Dishonest; unprofessional and crooked are the the few things that come to mind when dealing with Steve Spencer or any of his companies. Buyers; Sellers, Rental Property Owners and Tenants, beware!

    Reply | Report abusive comment
.

Solano News

Solano unemployment inches downward

By Barry Eberling | From Page: A1, 1 Comment

 
Transplant recipients talk about their best gifts

By Amy Maginnis-Honey | From Page: A1 | Gallery

 
Fairfield council candidates weigh in on crime

By Ryan McCarthy | From Page: A3, 2 Comments | Gallery

 
Police release name of woman found dead in Fairfield canal

By Ryan McCarthy | From Page: A3 | Gallery

 
Spering, Bertani spar over fighting crime

By Ryan McCarthy | From Page: A3, 15 Comments | Gallery

 
 
Five homes featured on Symphony Home Tour

By Amy Maginnis-Honey | From Page: A4

Congregation invites public to Easter music, message

By Amy Maginnis-Honey | From Page: A4

 
 
Local woman helps spread Easter joy

By Amy Maginnis-Honey | From Page: B12 | Gallery

Weather for April 19, 2014

By Daily Republic | From Page: B13

 
.

US / World

California farmers to get more water

By The Associated Press | From Page: A1

 
Teen sentenced in Oakland toddler’s killing

By The Associated Press | From Page: A4

More Latino than white students admitted to UC

By The Associated Press | From Page: A4, 2 Comments

 
Study: Half of jailed NYC youths have brain injury

By The Associated Press | From Page: A5

PG&E to be arraigned in fatal pipeline blast

By The Associated Press | From Page: A5

 
Mom and son who died in San Francisco fire ID’d

By The Associated Press | From Page: A5

3 alleged gang members convicted of murder

By The Associated Press | From Page: A5

 
Health care site flagged in Heartbleed review

By The Associated Press | From Page: A5

From Clinton to Obama, many parallels

By The Associated Press | From Page: A5, 1 Comment

 
Easter on 4/20, pot holy day; pastors reach out

By The Associated Press | From Page: A8, 2 Comments

Colorado deaths stoke worries about pot edibles

By The Associated Press | From Page: A8

 
NASA’s moon-orbiting robot crashes down as planned

By The Associated Press | From Page: A8

Atheist national conference aims at Mormon church

By The Associated Press | From Page: A8, 1 Comment

 
White House updating online privacy policy

By The Associated Press | From Page: A9

SpaceX making Easter delivery of station supplies

By The Associated Press | From Page: A9

 
Sudden movement raises alarm in Wyoming slide area

By The Associated Press | From Page: A9

Some countries get Obama, but want his wife, too

By The Associated Press | From Page: A9, 1 Comment

 
Man who avoided prison is overwhelmed by support

By The Associated Press | From Page: A9

Teen suspended for asking Miss America to prom

By The Associated Press | From Page: A9

 
In Egypt, a corruption watchdog hit by backlash

By The Associated Press | From Page: A12

Military scales down, modifies Guam buildup plan

By The Associated Press | From Page: A13

 
Captain of sunken SKorean ferry arrested

By The Associated Press | From Page: A13

Avalanche sweeps down Everest, killing at least 12

By The Associated Press | From Page: A13

 
Diplomacy doesn’t move insurgents in Ukraine

By The Associated Press | From Page: A14

Magnitude-7.2 earthquake shakes Mexican capital

By The Associated Press | From Page: A14

 
57-nation OSCE plays key Ukraine monitoring role

By The Associated Press | From Page: A14

Ukraine crisis: The turning points

By The Associated Press | From Page: A14

 
.

Opinion

Cheers, jeers for the week of April 13-19, 2014

By Daily Republic | From Page: A11

 
Editorial Cartoons for April 19, 2014

By Daily Republic Syndicated Content | From Page: A11

 
Here we go again in Sacramento

By Letter to the Editor | From Page: A11, 7 Comments

 
.

Living

Community Calendar: April 19, 2014

By Susan Hiland | From Page: A2

 
Today in History for April 19, 2014

By The Associated Press | From Page: A2

Seniors, it’s never too late to do something about your health

By Kathy Mitchell and Marcy Sugar | From Page: B7

 
Horoscopes for April 19, 2014

By Holiday Mathis | From Page: B7

.

Entertainment

TVGrid

By Daily Republic Syndicated Content | From Page: B10

 
Prince reaches agreement with music label

By The Associated Press | From Page: B14

‘The Boondocks’ back for final ‘offensive’ season

By The Associated Press | From Page: B14

 
A nutty finale for ‘Scandal,’ TV’s craziest show

By The Associated Press | From Page: B14

Stratocaster still a favorite at 60

By The Associated Press | From Page: B14

 
.

Sports

Hertl has impressive playoff debut for Sharks

By The Associated Press | From Page: B1

 
Warriors and Clippers take dislike to playoffs

By The Associated Press | From Page: B1

Big innings lift Mustangs over Indians

By Paul Farmer | From Page: B1 | Gallery

 
Ross, Padres beat Cain and Giants 2-1

By The Associated Press | From Page: B1 | Gallery

A’s come out swinging to beat Astros 11-3

By The Associated Press | From Page: B1

 
Warriors to start O’Neal for Bogut vs. Clippers

By The Associated Press | From Page: B1

Avalanche sweeps down Everest, killing at least 12

By The Associated Press | From Page: B2

 
Mets trade 1B Ike Davis to Pirates

By The Associated Press | From Page: B2

TNT’s Sager to miss NBA playoffs due to leukemia

By The Associated Press | From Page: B2

 
Nadal ousted by Ferrer in Monte Carlo quarters

By The Associated Press | From Page: B2 | Gallery

A’s lefty reliever Doolittle gets 5-year deal

By The Associated Press | From Page: B2, 1 Comment | Gallery

 
’40-and-up club’: Ageless Hopkins after more belts

By The Associated Press | From Page: B2

Jimenez shoots 65 to lead Greater Gwinnett field

By The Associated Press | From Page: B2

 
Solano scores in ninth for 2-1 BVC baseball win over Yuba

By Daily Republic staff | From Page: B2

Choi leads rain-delayed RBC Heritage

By The Associated Press | From Page: B2 | Gallery

 
NBA’s Silver wants age limit change, no rush on others

By The Associated Press | From Page: B2

NBA playoffs looking more wide-open than expected

By The Associated Press | From Page: B2

 
Source: Grizzlies’ G Calathes suspended for 20 games

By The Associated Press | From Page: B2

.

Business

5 features an Amazon phone might offer

By The Associated Press | From Page: B10

 
Judge says American can’t end retiree benefits yet

By The Associated Press | From Page: B10

Mazda recalls 109,000 older SUVs for rust problem

By The Associated Press | From Page: B10

 
.

Obituaries

Sealwyn Shirley Brucefield Shepherd Malkiewicz

By Nancy Green | From Page: A4

 
.

Comics

Garfield

By Daily Republic Syndicated Content | From Page: B6

 
Frank and Ernest

By Daily Republic Syndicated Content | From Page: B6

Get Fuzzy

By Daily Republic Syndicated Content | From Page: B6

 
Peanuts

By Daily Republic Syndicated Content | From Page: B6

Sally Forth

By Daily Republic Syndicated Content | From Page: B6

 
For Better or Worse

By Daily Republic Syndicated Content | From Page: B6

Beetle Bailey

By Daily Republic Syndicated Content | From Page: B6

 
Rose is Rose

By Daily Republic Syndicated Content | From Page: B6

B.C.

By Daily Republic Syndicated Content | From Page: B6

 
Baby Blues

By Daily Republic Syndicated Content | From Page: B6

Pickles

By Daily Republic Syndicated Content | From Page: B6

 
Baldo

By Daily Republic Syndicated Content | From Page: B6

Blondie

By Daily Republic Syndicated Content | From Page: B6

 
Dilbert

By Daily Republic Syndicated Content | From Page: B6

Wizard of Id

By Daily Republic Syndicated Content | From Page: B6

 
Zits

By Daily Republic Syndicated Content | From Page: B6

Word Sleuth

By Daily Republic Syndicated Content | From Page: B7

 
Sudoku

By Daily Republic Syndicated Content | From Page: B7

Bridge

By Daily Republic Syndicated Content | From Page: B7

 
Cryptoquote

By Daily Republic Syndicated Content | From Page: B7

Crossword

By Daily Republic Syndicated Content | From Page: B7

 
.

Home Seller 04/19/14

Summerwood features 8 new homes in Suisun

By Daily Republic | From Page: HSR2

Real estate transactions for April 19, 2014

By Daily Republic | From Page: HSR3

Average US 30-year mortgage rate falls to 4.27 percent

By The Associated Press | From Page: HSR3