Teles opening luxury-home brokerage in Boulder

BOULDER – Teles Properties LLC, a California-based brokerage of luxury homes, is opening an office in Boulder.

James Simpson, formerly with Teles Properties in California before moving to Boulder in 2010, will manage the office in Boulder at 900 Pearl St., Unit 4.

Simpson said he is a “small” shareholder in Teles, and he was with the company when it was formed in 2007 and ran its office in Beverly Hills. Teles has 11 offices from Laguna Beach to Carmel with 320 agents in California. Last year, it recorded $2.5 billion in transactions.

Since moving to Colorado, Simpson has worked in Fuller Sotheby’s International Realty Inc.’s office in Boulder. He has hired a couple of brokers from Fuller Sotheby’s and one from ReMax Alliance of Greeley to staff the new office. “We are going to have a grand-opening event Sept. 25, he said.

“I thought the timing was right for a new brand in Boulder,” Simpson said. “I approached Teles, and received support to open an office here.

“We’ll be able to tap into the core California market because all our agents share listings and the company uses a cross-marketing platform.”  He said two Hollywood directors have expressed an interest in buying homes in Boulder.

 


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