Coldwell Banker

This product was added on the quality assurance side of the portal business arising from the substantive and / or formal defects. You can help by you are removing the deficiencies mentioned there or you engaged with any of the discussion.

Coldwell Banker is a founded in 1906 in San Francisco real estate company in the franchise area.

Company History

With two other partners, Colbert Coldwell founded on 27 August 1906, the real estate firm Tucker, Lynch and Coldwell. In 1913, Benjamin Arthur Banker rose as a seller in the company. Colbert Coldwell and he soon found that they shared many common ideas, views and philosophies. Banker and Coldwell were a year later, in 1914, business partners and both have been actively involved throughout her life in the company.

Locations

The Coldwell Banker brand has a global reach, with offices on six continents and in over 47 countries. There are currently more than 3,600 offices worldwide.

Coldwell Banker are represented in the following countries:

Aruba, Australia, Bahamas, Belize, Bermuda, Canada, Cayman Islands, Colombia, Costa Rica, Dominican Republic, Ecuador, Egypt, France, Guatemala, Honduras, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Lebanon, Malta, Mexico, Netherlands, Netherlands Antilles, Peru, Panama, Nicaragua, Poland, Romania, Puerto Rico, Singapore, South Korea, Spain, St. Kitts / Nevis, St. Martin, Turkey, St. Thomas Turks & Caicos, Venezuela, United Arab Emirates, Virgin Islands ( British: Anegada, Jost Van Dyke, Tortola, Virgin Gorda, with smaller groups of islands and private islands ), Virgin Islands (U.S.: St. Croix, St. John, St. Thomas, Water Iceland and several smaller islands ).

Expansion and development of the company

In the first years of its existence, the company Coldwell Banker mainly focused & on the sale of business property. The first office for residential property opened in San Francisco in 1925, the first complete department for residential property followed 1937. The geographical expansion of the company began in the 1920s with the opening of offices in Southern California, followed by another new office in Phoenix in the early 1950 and in Seattle (1969). In the 1970s, took over Coldwell Banker some real estate companies in Atlanta, Chicago and Washington DC By 1980, Coldwell Banker had also a national service network (now " Coldwell Banker Referral Network" ) acquired and the company Previews Inc., an international marketing organization for luxury real estate (which then developed into today's Coldwell Banker Previews International).

1981 Coldwell Banker from Sears, Roebuck and Co. was taken over and, together with Dean Witter Financial Services Group and Allstate Insurance Group, a member of the Sears Financial Network. Another milestone in 1981 was the establishment of Coldwell Banker Residential Affiliates, Inc., which took care of the Franchising respected and high-quality real estate companies. Through the acquisition of many small real estate companies, mainly in metropolitan areas of the United States, and by the extraordinary expansion of Residential Affiliates could Coldwell Banker during the 1980s experienced significant growth: the share of the company in the housing market increased from 1.3% to in 1981 more than 10% until the end of the eighties.

In 1987, Coldwell Banker Affiliates the first company in the industry, which offered purchase guarantees about sellers. Similar guarantees were introduced five years later also for buyers. By 1990, Coldwell Banker had opened offices in all 52 states of the USA and then began to expand internationally, with the first offices in Canada and Puerto Rico.

A new phase of growth began for Coldwell Banker in 1993, when the company of Sears was sold to the Fremont Group ( a private investment company, formerly known as Bechtel Investments, Inc. ).

In January 1996, Coldwell Banker acquired back the rights for the sale of commercial real estate. The Coldwell Banker Commercial program provides partners with access to a broad range of services, such as Market analysis, leasing, sale and disposition of goods and property management, sale of investment real estate, corporate consulting and advisory service.

In May, Coldwell Banker was acquired by HFS Incorporated, the largest franchisor of hotels worldwide and sales offices of residential real estate; thus began a new era in the history of the company. 1997 HFS merged with CUC International to Cendant Corporation. In February 1998, the company introduced the "Personal Retriever ": the revolutionary expansion of their website with a program that offers personalized search options and so it allows the customers to get real estate deals by e -mail that exactly match its search criteria. This year, Coldwell Banker was also the first company in the real estate industry, a very special service offered its business partners, Coldwell Banker Concierge Service Program. This is a program that allows centralized access to a wide range of services in connection with real estate all sellers and buyers and helps clients to coordinate their move into their new home and all matters related centrally through local Coldwell Banker offices.

2002 Coldwell Banker received for their " Coldwell Banker Concierge Program " as the first national real estate firm from membership in the National Concierge Association. Later that year, was the splitting of the four divisions of Cendant - real estate, hotels, car rentals and accommodation services - announced. Coldwell Banker has now, at the end of 2006, part of a real estate company named Realogy.

In early 2006, celebrated its 100th anniversary Coldwell Banker. San Francisco Mayor Gavin Newsom declared the week of February 13 to 19 to " Coldwell Banker week ". Given this anniversary, sent the U.S. President, George Bush, a letter of congratulations. Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate Corporation, published on 21 August 2006 the 100th anniversary of the brand, a quota of Coldwell Banker shares on the New York Stock Exchange.

Through the donations of all Coldwell Banker member firms around the country gathered to more than $ 6 million, which were used for the construction of more than 100 houses for humanitarian purposes, such as homeless shelters or social institutions.

Coldwell Banker Real Estate LLC won the 2007 Inman Innovator Award in the category " Agency / franchisor " and was named the eighth consecutive year as a leading real estate franchise companies from the Franchise Times. Among other things, Coldwell Banker named for Web 2.0 applications on the website of the company, as the videos, the staff Retriever and Home Agent Tracker and Space. In early 2008, the company received more awards. Thus, in February, the intranet site of Coldwell Banker, according to the report of the Nielsen Norman Group, "Intranet Design Annual 2008: The Year 's 10 Best Intranets ", named as one of the 10 best intranet sites worldwide. The humanitarian campaign of Coldwell Banker, " 100 houses for the needy ," was selected as one of five finalists for the known price of PRNews Corporate Social Responsibility in the category " Social Commitment ". In addition, Coldwell Banker working on a new home construction humanitarian initiative; here is a donation of about a further $ 4 million by the year 2011 is expected.

Coldwell Banker provides its services already on all major search engines and through an agreement with Dash Navigation, the first real estate company that can offer on mobile GPS systems, their services and real estate offers now.

Facts and Figures

Auszeichnnungen

• 2000 - 200: as the leading real estate franchise participants nominated by the Franchise Times.
• 2007 Inman Innovator Award in the category " Agency / franchisor "
• 2008: "Intranet Design Annual 2008: The Year's 10 Best Intranets "
• 2008: Corporate Social Responsibility in the category " Social Commitment " among the 5 finalists
• 2008: American Business Award in the category " Software Programming / Design" among the 5 finalists