Realogy
Realogy Holdings Corp, the parent company of Coldwell Banker Commercial, (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby’s International Realty® and ZipRealty®.
Collectively, Realogy’s franchise system members operate approximately 13,600 offices with more than 256,800 independent sales associates conducting business in 110 countries and territories around the world. NRT LLC, Realogy’s company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy’s brands and also provides related residential real estate services. The Company also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients, and Title Resource Group, a leading provider of title, settlement and underwriting services.
Realogy is headquartered in Madison, New Jersey. For the latest stats and information on Realogy, visit www.realogy.com.
Our History
If you’ve been looking for the largest commercial real estate company for your business real estate needs, you will quickly discover that the Coldwell Banker Commercial agency — with about 200 independently-owned real estate agencies in 49 countries around the world and over 3,000 agents in our network — is just the company you need.
How have we earned our reputation as a top commercial real estate company — a reputation that has endured for decades?
It all started over 110 years ago, back in 1906, when the effects of the San Francisco earthquake created a need for a quality organization that could rebuild the city’s real estate market. That organization came when Colbert Coldwell, Albert Tucker, John Lynch and, later, Benjamin Banker would join forces and form the company that would soon be named Coldwell Banker.
The organization was founded on the idea that there was a newer, better way to do business than real estate agencies had used in the past. It was based on the idea that the company’s success was measured by the success of their clients, rather than just the number of deals they could make. The Coldwell Banker name quickly grew to become one of the most respected names in real estate.
Coldwell Banker Commercial in the 20th Century
In 1968, the Coldwell Banker Corporation went public, giving us even greater flexibility to become the best commercial real estate company we could possibly be. This was quickly followed by expansion throughout the United States.
Coldwell Banker was acquired by the Sears Financial Network in 1981 and again in 1996 by HFS Inc./Cendant. It was also in that year that the first international Coldwell Banker office opened in Toronto, Canada.
In 2006, Cendant’s real estate businesses became Realogy, which Apollo Management purchased for over seven and a half billion dollars.