Many realtors of the day were unethically buying property from the victims of the quake for pennies on the dollar and re-selling them for huge profits. Thereby, padding their own accounts, instead of looking out for the interests of the customer. Colbert Coldwell, had great disdain for this practice and left his firm to form a new real estate company with a mission.

Together with 2 other agents, he formed Tucker, Lynch and Coldwell. The new real estate company would embrace the motto, The clients interest above all else. In 1913, another real estate professional, Benjamin Arthur Banker, joined his team and in 1914, Banker was invited to become a full partner in the firm. By 1920, Bruce Cornwall joined as a partner, and the company was renamed Coldwell, Cornwall and Banker. They moved to a new 3 story building in San Francisco, CA.

the primary basis of their business up till this time was focused on Commercial real estate. By 1937, the company had 7 offices in northern and southern California and had entered the residential business that same year.

After a comfortable expansion and steady growth for the previous 34 years, The Company was preparing to look forward to expansions beyond California. In 1940, Bruce Cornwall resigned, and the company was renamed Coldwell, Banker & Co. By 1950, Coldwell Banker Real Estate had entered the national real estate arena by opening an office in Phoenix, AZ, By late 1960s A Seattle office was opened. In the 1970s, Coldwell Banker Real Estate acquired prestigious residential real estate firms in Atlanta, Chicago, and Washington, DC

In 1965, Arthur Banker passed away at the age of 81. In 1967, founder Colbert Coldwell, at the age of 84, also passed away. It is said he never retired from the company, continuing to work until his death Before their vast expansion across the USA, Arthur Banker would pass away in 1965 at 81 years old, and in 1967 Colbert Coldwell died at 84 years of age, working up to the time of his death.

The Sears Financial Network would acquire Coldwell Banker real estate company in the 1980s. The network already in place by Sears as a franchisor would help catapult the Coldwell Banker real estate company with locations all over the USA.

By 1990, Coldwell Banker had locations in all fifty states, and had begun international expansion with offices in Canada and Puerto Rico. The 1990s until the 21st century saw further expansion by Coldwell Banker Real Estate into the international markets and acquisition by the world’s largest franchisor of hotels and residential real estate offices, HFS, Inc. HFS eventually spun off the Coldwell Banker real estate company into its Realogy division. Today, the Coldwell Banker real estate company, and its parent company Realogy, are involved in 25% of every residential transaction in the United States.

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