The Coldwell Banker Stucky and Associates sign has come down, and those calling the Newton office will hear a different name on the end of the phone, as J.P. Weigand and Sons Inc. took over the operations of the former Stucky and Associates real estate firm in Newton.
The Coldwell Banker Stucky and Associates sign has come down, and those calling the Newton office will hear a different name on the end of the phone, as J.P. Weigand and Sons Inc. took over the operations of the former Stucky and Associates real estate firm in Newton.Roger Weast, Weigand president, said the deal was finalized Friday. Under the deal, Weigand is taking over operations of both the Newton and El Dorado offices. Weast said it was not a buyout, but rather Weigand is Weigand is taking over the leases of the buildings, and agents are moving their licenses to Weigand.Weast said Weigand’s deacon was based on the “opportunity to create a presence in both Newton and El Dorado,” but he said the company has no intentions of acquiring Stucky’s Wichita offices. Weigand has three offices in Wichita already, but he noted several agents from the Stucky’s west office have joined Weigand.There are about 12 agents in the Newton office, and Weast said he hopes all of those will stay with Weigand, and he said every indication thus far is that they will. Arlen Newell will be the managing broker of the Newton office. The El Dorado office has seven or eight agents, Weast said, with the total number of Weigand agents now approaching 300.Weast said he assumes Frank Stucky, owner of Stucky and Associates, eventually will place his license with Weigand, but he said Stucky will play no management or broker role in the acquired offices. He said Kathy Stucky will be a Weigand agent, and she is the housing agent for the Sand Creek Station new home housing development.The Weigand deal follows a story of twist and turns in the last few weeks, as a deal by Prudential Dinning-Beard to acquire the office appeared finalized but fell through after Coldwell Banker intervened. Weigand then expressed interest in acquiring first Stucky’s assets, then later its agents. As of press time, Frank Stucky could not be reached for comment.