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Coldwell Banker United, Realtors was founded by Richard A. Smith as Richard Smith Company on July 1, 1970, in College Station, Texas. Originally a commercial brokerage company, it entered the residential market in 1971 after moving to expanded quarters in Bryan. In 1974 after rapid growth, the company re-entered the College Station market by opening a branch office. By the mid-seventies, the company had become the volume sales leader in Bryan-College Station with two offices and 16 sales agents handling residential, commercial, industrial, and farm & ranch sales. The company had also started a construction division and was active in land development. During the seventies several highly successful land syndications were formed with local investors.
In 1986 the company affiliated with Coldwell Banker, the nation's largest real estate company, and operated as Coldwell Banker Richard Smith, Realtors?. However, as a franchisee, it remained an independently owned and operated company. At that time Coldwell Banker had almost 1900 offices with 40,000 sales associates throughout the U.S. Since affiliating with Coldwell Banker, the company has grown rapidly.
On March 1, 1990, the company acquired five Coldwell Banker residential offices in the Austin area from Coldwell Banker Residential Brokerage.
On January 1, 1996, the company acquired eight residential real estate brokerage offices in the greater Houston area from Coldwell Banker United, Realtors and three residential offices in Killeen/Ft. Hood from Coldwell Banker Wright Real Estate. These acquisitions made the company the largest Coldwell Banker affiliate in Texas in transaction sides and the 5th largest affiliate in the nation.
In 1997, the company expanded again with the acquisition of ERA Whisenhunt in Killeen, Coldwell Banker Lighthouse Realty in Galveston, Aldous Realty in Lake Jackson, and Nancy Sartain, Realtors in Houston. In February 1998, the company acquired Ferester & Associates and in July 1999, the company acquired RE/MAX Southbelt. Both were converted to Coldwell Banker United, Realtors. In March 2001 the company acquired the residential operations of Henry S. Miller, Realtors in Austin and Houston which at that time included 12 branch offices. Then, in August 2001 the company acquired the Will Clark Real Estate office in Angleton.
On September 11, 2002, the company extended its operation to the southeast when it acquired eleven offices in Charlotte, NC and Columbia, SC. At the time of this acquisition, all company offices adopted the name Coldwell Banker United, Realtors.
On June 23, 2003, the company expanded to East Texas by acquiring three offices from Pirtle Real Estate Services in Tyler, Bullard and Whitehouse, Texas.
The company's offices are located throughout central and southeast Texas in Austin, Round Rock, Georgetown, Taylor, Thorndale, College Station, Killeen and Copperas Cove. Also, there are a number of offices in the greater Houston area including the city of Houston, Bellaire, Sugar Land, Katy, The Woodlands, Humble and Kingwood. Other branch offices are located in Galveston, Tyler, Bullard, Whitehouse, Angleton, Lake Jackson and Whitehouse. There are six branch offices in Charlotte, NC and five offices in Columbia, SC. All offices are managed by a Vice President, Branch Manager with a wealth of experience in residential real estate sales. The President of the company and four of the Branch Managers hold the prestigious CRB (Certified Real Estate Brokerage Manager) designation from the National Association of Realtors?.
According to REAL TRENDS, an industry publication, the company was ranked #11 nationally in its Top 500 Companies Report for 2002. The 2002 report is a compilation of a nationwide study of leading real estate companies. This survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry.
Coldwell Banker United, Realtors currently operates forty six residential branch offices and one commercial branch office with a sales force of over 1,800 sales associates and over 225 employees. The company closed over 21,838 transaction sides in 2002 with a sales volume of almost $3 billion.
The company is a principal broker with Cendant Mobility Services, a company which provides relocation services to dozens of the nation's top corporations and enjoys a 52% market share nationally in corporate relocation. This association produces hundreds of referrals and third-party listings to the company.
The company provides access to the services of Coldwell Banker Mortgage in all of its residential branch offices.
Coldwell Banker United, REALTORS. An Equal Opportunity Company.
Equal Housing Opportunity. Each Office Is Independently Owned And Operated.
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