The Company was founded on August 27, 1906, on the heels of the devastating 1906 fire and earthquake that leveled San Francisco. A young real estate agent, Colbert Coldwell saw the need for honest, knowledgeable real estate services to help the city rebuild. As the company grew, he hired Arthur Banker as a member of his sales staff. The two businessmen eventually formed a partnership, and in 1914 officially named the company Coldwell Banker®.
Sales Associates and Brokers:
Over 92,000 sales associates and brokers are affiliated with the Coldwell Banker® organization.
Residential Offices Worldwide:
# of U.S. Transaction Sides:
Average U.S. Sales Price:
$332,025 (14.8% higher than National Associate of REALTORS 2017 average)
Total U.S. Sales Volume:
# of U.S. $1 million + Transaction sides:
28,746 ($1.94 million average sales price) ($133.5 million in luxury each day)
The Coldwell Banker® brand has a global reach, with offices in 47 countries and territories. There are approximately 3,000 Coldwell Banker offices worldwide. Coldwell Banker has a presence in the following countries:
British Virgin Islands
Turks & Caicos
United Arab Emirates
(as of 12/31/17)