Coldwell Banker marks 100 years of commercial and residential sales

Wed, 09/13/2006 - 1:28pm
By: The Citizen

In recognition of the 100th anniversary, sales associates and staff at Coldwell Banker Residential Brokerage in Atlanta celebrated the 100th anniversary of the company’s founding by posing for a commemorative photo.

It was 100 years ago, on August 27, 1906, that a 23-year-old real estate agent named Colbert Coldwell began what would eventually become Coldwell Banker Real Estate Corporation.

Eighteen weeks after an earthquake and fire devastated the city of San Francisco, Coldwell became acutely aware that victims of the devastation were being preyed upon by unethical business people. With Benjamin Banker as his eventual partner, Coldwell helped rebuild San Francisco by attracting businesses and families to the city through the professional, honest real estate practices they adopted.

Now, at the company’s century mark, the nation’s oldest national real estate organization is known as an industry leader in providing outstanding customer service and innovation.

The Coldwell Banker® network has grown to become one of the largest real estate franchise organizations and ninth largest franchisor in the world 1 with $352.9 billion in closed sales volume and more than 127,700 sales associates working in more than 4,000 offices in 30 countries and territories.

“We are truly honored to be part of an organization with a century-long heritage of professionalism, integrity and service,” said Charlotte Sears, president and chief operating officer at Coldwell Banker Residential Brokerage. “Nearly 200 of our top sales associates attended the celebration in February at the annual Coldwell Banker International Business Conference in San Francisco and will continue in September by sponsoring and building a home for the Atlanta Chapter of Habitat for Humanity.”

During the course of the anniversary year, the Coldwell Banker system engaged in a “100 Homes” initiative to raise $5 million to support 100 Habitat for Humanity homes around the nation. The effort has been so successful that more than 130 homes have been committed to date, and more than $6.1 million has been raised.

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