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An Overview of Coldwell Banker Real Estate

Loan & Credit Facts



Founded in the year 1906, Coldwell Banker Real Estate is a pioneering firm in the real estate industry.

It is the oldest real estate firm in the country, established in San Francisco shortly after a distressing earthquake had occurred. Interestingly, the devastating incident touched the sensitivity of Colbert Coldwell, the founder, and conceived the need for sincere, well-informed, and experienced professionals to facilitate real estate assistance in the effort to rebuild the city.

During that time, there was a proliferation of real estate agents who obtained properties at very cheap costs, usually from uninformed sellers. These agents resold the properties at excessive prices without considering the demoralizing milieu present that time. Coldwell frowned over this kind of practice.

On August 27, 1906, Coldwell formed Tucker, Lynch, and Coldwell that promised to serve the public, and not their personal interests. With the understanding that they shared similar work ethics and objectives, Coldwell and Benjamin Arthur Banker engaged in a partnership in 1913. The name Coldwell Banker Real Estate was formed and it became official in the year 1914.

Its world headquarters is located in Parsippany, New Jersey, and Realogy is its parent company.

The Coldwell Banker Real Estate industry reaches local and international areas as it has offices in six continents. It extends its services to 47 countries and territories. Also, the Coldwell Banker Real Estate firm has more than 600 offices outside the United States. The company also has about 116,000 sales associates and brokers to assist clients in real estate transactions.

Besides initiating the first real estate firm, Coldwell Banker Real Estate also pioneered the utilization of the World Wide Web to reach many people around the world.

With its online sites made readily available, real estate transactions became very convenient for its clients, allowing them to make their transactions with minimal hassle. With this, the Coldwell Banker Real Estate online site was awarded ‘The Best Real Estate Site’ in 2006. This recognition was awarded to the company by Web Marketing Association and the Interactive Media Awards.

Meanwhile, Stevie Awards qualified them as one of the finalists for the best website.

The Coldwell Banker Real Estate website provides you with comprehensive information regarding the company’s services and transaction procedures. Aside from that, the site also offers quick searches for an agent, home, commercial spaces, and other properties. Also, it gives a good account of its history, staff and achievements, and it features an interactive video library as well.

The Coldwell Banker Real Estate website offers almost all the information needed by clients to help them make the right decisions and complete their real estate transactions.







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