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Why Coldwell Banker Real Estate is So Popular?
By Vic Hurlstorm | January 6, 2010
The Coldwell banker real estate company was founded in the year 1906 by a real estate Sales Associate by the name of Colbert Coldwell. What really led to the formation of the famous Coldwell banker real estate company we see today? It is quite a simple story, but when Mr. Coldwell took the decision of helping his hometown people, he wouldn’t have realized the positive impact he’d have on the world.
It was years ago that the Great San Francisco earthquake struck, devastating thousands of people in Colbert Coldwell’s hometown. What looked unethical for Coldwell who was a real estate sales associate at the time, was seen ethical by many realtors who were busy buying property from victims of the earthquake. The property was bought for a low price and then re-sold for huge profits.
Even though for realtors it seemed like a profitable business, it was actually the victims who were once again traumatized by the loss of their valuable properties. Coldwell was against this whole process and decided to leave his company and start up a new real estate company with the aim of rebuilding his hometown.
At the very beginning he was assisted by two close associates with the names of Tucker and Lynch. This gave birth to the very first name of the company; Tucker, Lynch and Coldwell. By the year 1940 it had a different name; Coldwell, Banker & Co. This being a result of the changing partners in the business.
Although Coldwell banker real estate company began their business only in commercial real estate, the vast expansion within a few years led to business in the residential area. Today the Coldwell banker real estate company covers all 50 states of America, in addition to serving several countries overseas.
There are many individuals who fall into the trap of selling their properties to real estate companies for a very low price. This is quite unfortunate as many do the mistake of not researching well about how long these real estate companies have been in the industry. Coldwell banker real estate agents are people you can trust as they have more than 30 years of experience in meeting their client needs.
Since the Coldwell banker real estate company has a good network of publicizing their properties, an individual who chooses Coldwell can rest assure that their properties are in safe hands. Exposure is given priority as the properties are featured on local and national websites from time to time.
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