Coldwell Banker Open In Milford

Photo Taken By Chamber of Commerce for Greater Milford

Staff Report

During a ribbon cutting ceremony on Thursday, December 12, Coldwell Banker announced its move to the Milford area. Located at 711 N. Dupont Highway, Coldwell Banker will serve the Milford community as it grows to include eleven Milford realtors to its team of 142 Delaware realtors.

Milford realtor Terri Favata, Manager of the Milford branch, is excited to be a part of the Coldwell Banker team and is eager to serve the Milford community under the nationally-recognized firm. “Coldwell Banker offers many real estate tools to better serve our customers and clients,” stated Favata. “These sophisticated tools will help you sell your existing home or buy the Milford home of your dreams.”

Even with these tools at their fingerprints Terri says her agents understand that real estate is and always will require a focus on building a relationship with their customers. “Real estate is still a people business and my agents are all about meeting the needs of each individual,” said Favata. “If you are not looking out for people you will not last.” Favata states that when looking for a realtor, individuals should look at a company’s experience and exposure and search for a business that looks out for the best interest of their clients.

Favata, who has been in real estate for 19 years, believes that many factors point to a healthy real estate market in the future. “The real estate market is moving quicker,” commented Favata. “Houses are selling, prices are stable and interest rates are low.” Whether a home buyer or seller, Favata says the time to make a move is now. “There is never a wrong time to sell your house, if you do not have it on the market you will never know what opportunities are out there. As far as buying real estate, right now is a great time to buy as interest rates are historically low and prices have stabilized.”

With locations in Dover in Kent County and Seaford and Rehoboth Beach in Sussex County, Broker & Chief Operating Officer Bruce Plummer is looking forward to increasing their impact on the local real estate market. “After researching the Milford area we found that it is a growing area,” stated Plummer. “We also see Milford as a very business-friendly community and are looking forward to working with the town as we continue to grow.”

Coldwell Banker will serve Milford with eleven friendly faces that previously worked under First Class Properties including Karen Divel, Terri Favata, Tony Favata, Kevin Flaherty, Ruth Ann Godfrey, Angel Harrington, Margie Madigan, Joanne Milton, Claudia Sosa-Ducote, Dona Stalvey and Emmett Venett. For more information on Coldwell Banker individuals can call the office at 302-422-8200, visit them online at or at their location at 711 N. Dupont Highway in Milford.