In 2023, Coldwell Banker Real Estate LLC achieved a remarkable milestone by retaining an impressive 80 domestic affiliated companies, contributing to a substantial Gross Commission Income (GCI) of $282 million for the entire year. Notably, the fourth quarter alone witnessed the retention of 12 affiliated companies, securing $72.7 million in GCI. These figures highlight the company’s unwavering commitment to fostering robust partnerships, and we expect continued success in 2024.

Additionally, Coldwell Banker welcomed five new franchisees in 2023 as part of its ongoing expansion plans demonstrating our continued focus on growth:

• Coldwell Banker Howes & Jefferies: Eastern Iowa and Western Illinois
• Coldwell Banker Morehart Realty: Battle Creek, Michigan
• Coldwell Banker Mountainside Realty: Helena, Montana
• Coldwell Banker Regent Realty: St. Regis, Montana
• Coldwell Banker Universal: Houston, Texas

Internationally, the brand experienced significant expansion, with Master Franchisors adding 82 franchise companies and nearly 20 new offices for existing companies throughout the year, a clear testament to the brand’s dynamic growth strategy and positive outlook in the ever-evolving real estate market. The fourth quarter marked the opening of 18 new affiliated companies and 9 additional offices, further cementing Coldwell Banker’s global presence.

2023 International highlights include:

• Coldwell Banker Italy reached the 100 office milestone.
• Egypt adding seven companies in their second year of offering a Coldwell Banker franchise program.
• Spain and France entering key markets such as Javea, Costa Blanca, Saint-Maxime in the French Riviera, and the French Alps for the first time.

The brand celebrated successful launches in Chile, Paraguay, Saudi Arabia, and the renewal of Coldwell Banker Island Affiliates in the Caribbean, showcasing our commitment to exploring and thriving in diverse markets.

As we reflect on these achievements, it’s evident that Coldwell Banker is not only retaining its position but actively pursuing opportunities for further expansion and success. 2023 wasn’t just a year of growth; it was a testament to the brand’s resilience and optimistic approach towards the future. We are eagerly anticipating what 2024 holds!  For buying and selling needs go to Coldwellbanker.com or connect with any of these domestic or international companies highlighted in this article.

Coldwell Banker International welcomed the following new affiliated companies in 2023:

Additionally, the brand welcomed the following nine offices to existing international affiliated companies:

Steve DiNapoli, senior director at Coldwell Banker Real Estate, is a contributor to this article.