Mr. Colbert Coldwell, founder of the now famous Coldwell banker real estate company did not simply land into the vast business we see today. Initially commencing business in the year 1906, it has seen many ups and downs over the years it has been serving millions of people from around 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.
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.
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.
What occurred during the Great San Francisco earthquake was a misfortune. But similar situations do occur even in the present day. There are so many real estate companies carrying out fraudulent acts to which innocent people fall into trap. This happens mainly as they are unaware of the more stable companies that have been in the industry. With the Coldwell banker real estate company that has over a 30-year record of serving people, one needs not have to worry about their properties at all.
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.
