Coldwell Banker Brand Celebrates Third Quarter Expansion

Operations in Tanzania & Zanzibar and Opening Three Domestic Companies Were Highlights of an Impressive Q3 as Coldwell Banker Real Estate Cruises Into Final Quarter of 2024

Q3 2024 saw a continuation of impressive global growth from international Coldwell Banker operations. Domestically, the brand opened in three key markets and retained important franchise partners, while its franchisees recruited major players and acquired companies to shore up their own growth efforts.

New Markets and Major Recruiting Efforts Domestically

Coldwell Banker Affiliates welcomed three companies in third quarter, highlighting its continued focus on growth:

  • Coldwell Banker Commercial Drew Warne Advisory Group, in Missoula, MT has just celebrated its first month of operations. During this time, owner John Drew has focused on strengthening recruitment efforts and deepening his engagement with the local community. Originally from Atlanta, GA, John brings over 35 years of experience in commercial real estate, positioning him for great success in this new market.
  • Coldwell Banker DHH Realty, in Murphysboro, IL was founded by a former Coldwell Banker agent, Rae Hanna, who valued the brand so much that she started her own franchise while also managing a historic bed and breakfast. Rae is a known, established agent who is not only versed in both residential and commercial real estate but also has extensive experience in property management. Adding to her impressive resume, Rae was recently awarded a seat on the BNI (Business Networking & Referral Organization). She is very focused on growth and has invested substantially in advertising, including in high-visibility billboards in her market.
  • Coldwell Banker Weaver Group Realty, Hernando Beach, FL has demonstrated remarkable resilience in their first three months, successfully navigating two devastating hurricanes in their market since launching on July 29th. Broker/Owner Tom Dishman maintains a positive outlook despite these challenges and is focused on growth and recruiting efforts.
Coldwell Banker Weaver Group Realty team in Hernando Beach, FL

 

Along with our efforts to grow the company through conversions, our existing affiliated companies have been leveraging the Coldwell Banker value proposition to grow their companies organically. Coldwell Banker Apex, Realtors, a Chairman’s Circle company based in Texas and Louisiana recruited two major teams to their firm. In Shreveport, Louisiana, their office is joined by the Mike & April Moore Team who is #2 in Bossier City/Shreveport market. Not to be outdone, the Coldwell Banker Apex office in Rockwall County, Texas will have the top team in the county, the Dee Evans Group, now representing the Blue. The Dee Evans Group closed $90 million in sales in 2023.

Lori Arnold, Broker/Owner of Coldwell Banker Apex, Realtors, notes “These are two amazing teams that dominate in their markets and are excited to be representing Coldwell Banker in those respective markets. Both had worked for independent firms and saw the value of the Coldwell Banker brand, tools, and platform to provide more offerings to the clients they represent.” Ms. Arnold also added that when analyzing the experienced agents who left other brands or independents to join her firm in 2024, their production adds up to over 900 transaction sales. She continues, “we are excited to continue to be the destination for serious, career minded agents who value the brand and are eager to grow their business.”

Along with recruiting, acquisitions, and new companies, Coldwell Banker affiliate operations retained $1.2 billion of sales volume across 17 companies in Q3, bringing the 2024 totals to $4.6 billion of sales volume retained across 48 companies for the year so far, emphasizing the importance of our long-term franchisee relationships.

Coldwell Banker Adds First-Time Locations Globally

The third quarter saw an additional 28 new locations in ten different countries open, two of which were openings in first-time locations for the brand. Highlights below:

Coldwell Banker International welcomed the following 26 new companies in Q3 2024:

Coldwell Banker ArgentinaColdwell Banker AcquaPilar, Buenos Aires
Coldwell Banker AudacityVilla Udaondo, Buenos Aires
Coldwell Banker BoutiqueCanning, Buenos Aires
Coldwell Banker Cuyo RealMendoza
Coldwell Banker HorizonCiudad Buenos Aires
Coldwell Banker North TeamCiudad Buenos Aires
Coldwell Banker NotablePalermo, Buenos Aires
Coldwell Banker Seniority PlusCiudad Buenos Aires
Coldwell Banker CanadaColdwell Banker Executives RealtyVernon, British Columbia
Coldwell Banker EgyptColdwell Banker Pro NestZayed City
Coldwell Banker France & MonacoColdwell Banker Art RealtySaint-Paul-de-Vence
Coldwell Banker St. Barth AzurRayol-Canadel-sur-Mer
Coldwell Banker Island AffiliatesColdwell Banker St. BarthSt. Jean, Saint-Barthélemy
Coldwell Banker ItalyColdwell Banker Arteka GroupAcireale, Sicily
Coldwell Banker MexicoColdwell Banker Grupo DominaMérida, Yucatán
Coldwell Banker SentiaAguascalientes
Coldwell Banker Spain & AndorraColdwell Banker Aqua Real EstateAltea, Costa Blanca
Coldwell Banker Glollar Real EstatePuigcerdà, Cerdaña
Coldwell Banker Tanzania & ZanzibarColdwell Banker Commercial BlueridgeStone Town, Zanzibar
Coldwell Banker Islemark RealtyStone Town, Zanzibar
Coldwell Banker TurkeyColdwell Banker Alphaİstanbul
Coldwell Banker Dostİzmir
Coldwell Banker İmzaİzmir
Coldwell Banker KingBalıkesir
Coldwell Banker MGİstanbul
Coldwell Banker Premierİzmir
Welcoming Coldwell Banker Glollar Real Estate in Puigcerdà, Cerdaña

 

Additionally, the brand welcomed the following 2 offices to existing international companies:

Coldwell Banker ItalyColdwell Banker 24RERome, Italy
Coldwell Banker Arteka Group BranchAcireale, Sicily
Office at Coldwell Banker Arteka Group in Acireale, Sicily
Kait McMurdo
Kait McMurdo

Kaitlin McMurdo has served as the Director of Global Service for Coldwell Banker since January 2020. Through her tenure, the existing global network has doubled in office and agent footprint and expanded into Chile, Paraguay and Saudi Arabia. She has also supported the global networks for Better Homes & Gardens, Corcoran, and ERA Real Estate. Prior to her current role, McMurdo worked for the premiere New York City New Development sales and marketing firm, Corcoran Sunshine, which sold over $20 billion of real estate during her time. At Corcoran Sunshine, she managed new business, cross-portfolio initiatives and creative sales initiatives for the top-selling developments in Manhattan and Brooklyn. Before joining the real estate industry, McMurdo worked primarily in corporate event planning and hospitality, combining her love of working with people and the food and beverage industry. She received her BA from American University in International Business with a minor in French language. She is very proud Philadelphia-area native (Go Birds) who has resided in New York City for 15 years, predominantly in “the World’s Borough”, Queens. In her free time she loves to cook, explore NYC, and of course, travel the world.

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