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Coldwell Banker Real Estate LLC is an American real estate franchise owned by Anywhere Real Estate, with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco , [ 1 ] and has approximately 3000 offices in 49 countries and territories. [ 2 ]
The trust was responsible for the nearly 400 brokerage offices that had been acquired in the Coldwell Banker purchase as well as continuing to acquire offices and renaming them with one of Cendant's brand names (Coldwell Banker, ERA and Century 21). [2] In August 1997, Cendant and Apollo Management formed the current company – NRT LLC.
In 1981, Coldwell Banker was acquired by Sears. [11] In 1989, Sears sold Coldwell Banker's commercial unit to a management-led buyout group including The Carlyle Group for approximately $300 million. [12] [13] [14] After the buyout, the company was renamed CB Commercial Real Estate Group. [15] The residential group retained the Coldwell Banker ...
In 2005, Cendant split off all but its car rental interests into separate companies. Realogy was formed to group its real estate activities; shares in the new company were distributed to existing Cendant shareholders. [3]
Century 21 Real Estate LLC is an American real estate agent franchise company founded in 1971. The system consists of approximately 14,000 independently owned and operated franchised broker offices in 86 countries and territories worldwide with over 147,000 sales professionals. [2]
Realogy re-launched the Better Homes and Gardens franchise network on July 1, 2008 and named Sherry Chris, then COO of Coldwell Banker, CEO and president of the newly launched company. [ 4 ] [ 6 ] Better Homes and Gardens Real Estate became the fifth residential real estate brand launched by Realogy. [ 7 ]
Josh Flagg (1985–), Beverly Hills luxury real estate agent [46] Alfred W. Fleisher (c. 1878–1928), American real estate investor and co-founder and head of Mastbaum Brothers & Fleisher [47] Jay Furman (1942–2015), former president of RD Management LLC [48] [49]
[15] [13] This was followed the next year with the acquisition of Electronic Realty Associates for $37 million, [16] and Coldwell Banker for $740 million, making HFS the largest franchisor of real estate brokerages in the U.S. [17] In 1996, HFS acquired the Avis car rental company for $793 million.