Coldwell Banker Real Estate
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 wouldnt have realized the positive impact hed have on the world.
It was years ago that the Great San Francisco earthquake struck, devastating thousands of people in Colbert Coldwells 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.
Coldwell banker real estate was initially known as Tucker, Lynch and Coldwell as he was assisted by two of his associates. With time, there were new partners in the business and the name kept on changing until around 1940 when the name finally changed to Coldwell, Banker & Co.
The primary intention of the Coldwell banker real estate company was to focus on commercial real estate. But with the expansion, it went on to residential business. With time, the Coldwell banker real estate company went on to cover all states of America in addition to going global.
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.
As a client who is trying to sell his or her property, discussing what you expect out of the sale is important as this will help the realtor do a good job. Coldwell banker real estate Company usually features the properties on local and national websites, therefore giving you the exposure your property needs.