Coldwell Banker LLC is an American real estate franchise owned by Compass, Inc., 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] It publishes an annual house price guide, Home Listing Report.[3][4] The company is not a bank; its name refers instead to a former managing partner.
History
After the 1906 San Francisco earthquake and fires, Albert Nion Tucker, Colbert Coldwell and John Conant Lynch formed Tucker, Lynch and Coldwell on August 27, 1906. Benjamin Arthur Banker joined the firm as a salesman in 1913, and became a partner in 1914. The company changed its name to Coldwell, Kern & Banker in 1918. In 1919 the name became Coldwell, Kern, Cornwall & Banker, and in 1920, Coldwell Cornwall & Banker.