Valvano Named President of CB Residential in Westchester/CT

Real Estate In-Depth | January 2016

Joseph Valvano

MADISON, NJ—NRT LLC, the nation’s largest residential real estate brokerage company, announced on Jan. 13 that Joseph Valvano has been promoted to the role of president of Coldwell Banker Residential Brokerage in Connecticut and Westchester County.

In his new position, Valvano will lead the company’s sales operations and business development, and oversee the daily operations of its 51 real estate offices and more than 2,200 affiliated sales associates and employees throughout Connecticut and Westchester County. Valvano most recently served as the managing broker of the Greenwich, CT and Old Greenwich, CT offices of Coldwell Banker Residential Brokerage.

“Joe is an experienced and widely respected real estate professional who has established himself as a progressive and dynamic leader,” said Maureen Passerini, executive vice president for NRT’s Northeast and Eastern Seaboard regions. “Under his direction, Coldwell Banker Residential Brokerage in Connecticut and Westchester County, New York is in a strong position to continue to expand and grow.”

Over the course of more than 30 years in the real estate industry, Valvano has served as a broker owner and managing broker. He owned and operated a boutique real estate firm in Dobbs Ferry, which was acquired by Coldwell Banker Residential Brokerage. He joined Coldwell Banker as managing broker of the Dobbs Ferry office and later was appointed managing broker of the Greenwich and Old Greenwich offices, overseeing more than 200 affiliated sales associates.

Valvano is replacing longtime president Cathleen Smith, who has chosen to retire this year.

“Cathleen has made tremendous contributions to this organization,” said Passerini. “We are thankful for her stellar leadership and steady guidance as she has grown the company throughout the years and achieved incredible results.”

Smith was named president of Coldwell Banker Residential Brokerage in Connecticut and Westchester County in 2010. During her tenure, Smith successfully completed acquisitions that significantly expanded Coldwell Banker’s presence in Connecticut. Prior to becoming president of Coldwell Banker Residential Brokerage, Smith served as senior regional vice president for NRT’s Coldwell Banker operations in Tampa, FL.

Coldwell Banker Residential Brokerage is part of NRT LLC.