COLDWELL BANKER® SYSTEM EXPANDS IN 2ND QUARTER
PARSIPPANY, N.J. (Aug. 8, 2006)–Coldwell Banker Real Estate Corporation announced today that the Coldwell Banker® System has grown to nearly 3,900 residential real estate offices worldwide. Eight companies joined the Coldwell Banker family during the second quarter while 19 other Coldwell Banker affiliated companies expanded their operations through expansion or merger/acquisitions. Coldwell Banker now has 3,898 residential offices in 30 countries and territories around the globe.
"Coldwell Banker continues to thrive," said Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate Corporation. "We are in the midst of celebrating the brand's 100th anniversary in 2006. Our founder Colbert Coldwell, along with Benjamin Banker, started with the company with one office at 53 Post Street in San Francisco, which opened just a few months after the 1906 San Francisco Earthquake.
"Along with welcoming new companies to Coldwell Banker, we have made a strong commitment to helping our franchisees grow their businesses. This happens in several ways including identifying possible merger/acquisitions in their markets along with assistance in opening new offices."
Below is a list of companies which joined the Coldwell Banker residential system in April, May or June:
|
Company |
Town |
State |
|
Coldwell Banker Kiley Real Estate |
South Boston |
MA |
|
Coldwell Banker M&D Goodlife |
Shirley |
NY |
|
Coldwell Banker Nautilus Real Estate |
Santee |
CA |
|
Coldwell Banker Next Generation Realty |
Homosassa |
FL |
|
Coldwell Banker Number One |
Westminster |
CA |
|
Coldwell Banker Old Towne Realty |
Jonesborough |
TN |
|
Coldwell Banker Shayovitz Realty |
Brooklyn |
NY |
|
Coldwell Banker Triple Diamond Group |
San Dimas |
CA |
The following Coldwell Banker affiliated companies expanded their residential operations during the second quarter through mergers/acquisitions or by opening branch offices:
|
Company |
Town |
State |
|
Coldwell Banker Advantage Realty |
Little Rock |
AR |
|
Coldwell Banker All Stars Realty |
Ponce Inlet |
FL |
|
Coldwell Banker Bob King Realty |
Godley |
TX |
|
Coldwell Banker Chris Kutzkey, Realtors |
Dunsmuir |
CA |
|
Coldwell Banker Chubb Real Estate |
Grand Island |
NY |
|
Coldwell Banker David Steven Company |
Azusa |
CA |
|
Coldwell Banker Funkhouser Realtors |
New Market |
VA |
|
Coldwell Banker Heritage Homes |
Marion |
AR |
|
Coldwell Banker M.M. Parrish, Realtors |
Gainesville |
FL |
|
Coldwell Banker Primus Realty |
Gurnee |
IL |
|
Coldwell Banker Professionals, Realtors |
Virginia Beach |
VA |
|
Coldwell Banker Professional Realty |
Ephraim |
UT |
|
Coldwell Banker Resort Realty |
Bonners Ferry |
ID |
|
Coldwell Banker Rio Grande Valley |
Weslaco |
TX |
|
Coldwell Banker Team Real Estate |
Raymond |
ME |
|
Coldwel Banker TEC Realtors |
Belle Chasse |
LA |
|
Coldwell Banker Upchurch Realty |
Braselton |
GA |
|
Coldwell Banker Vista Realty |
Valencia |
CA |
|
Coldwell Banker Wardley |
North Las Vegas |
NV |
About Coldwell Banker®
Since 1906, the
Coldwell Banker® organization has been a premier
full-service real estate provider. In 2008,
Franchise Times magazine's prestigious Top 200 issue
ranked the Coldwell Banker system No. 1 in real estate for the ninth straight year and 12th among franchisors
in all industries. The
Coldwell Banker System has approximately 3,500 residential real estate offices
and approximately 100,000 sales associates in 47 countries and territories. The
Coldwell Banker System is a leader in
the industry in residential and commercial real estate, and in niche markets such as resort, new home and
luxury property through its
Coldwell Banker Previews International®
division. It is a pioneer in consumer services with its
Coldwell Banker Concierge
® Service Program and award-winning Web site,
www.coldwellbanker.com.
Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and
relocation services.
Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate
LLC.
Each office is independently owned and operated.