Cairo, Egypt. 2nd December 2008. Coldwell Banker, the leading provider of full-service real estate, was ranked number one in the third annual Wall Street Journal, REAL Trends, and lore Magazine ‘Real Estate Top 200’. This is the second time that Coldwell Banker has come out on top, with this announcement coming just over a month after Franchise Times named the company the number one real estate franchise worldwide.
The ‘Real Estate Top 200’ is broken out into four Top 50 categories which comprise: individual agent transaction sides, individual agent volume, team transaction sides, and team volume. Coldwell Banker claimed the top spot in 3 out of 4 categories, and its figures were so strong that it showed the brand to be more than double as strong as its nearest competitor.
“To win two number one rankings in these challenging times is testament to the strength of the Coldwell Banker brand, and the dedication of its affiliates,” said Mohamed Abdalla, President of Coldwell Banker Intercontinental Affiliates. “This powerful brand and number one rankings, coupled with Coldwell Banker’s reputation for solid systems and support has meant that we are gaining momentum and tremendous recognition across our new territories in Eastern Europe and Central Asia. Investors in these regions have been showing a huge amount of interest in our affiliate franchise programs, and we are confident that they will mirror the success the franchise has already experienced in the Middle East.”
Established in 1906, Coldwell Banker is one of the world’s oldest and biggest franchises with over 3,600 offices, and over 110,000 Sales Associates worldwide. Coldwell Banker Intercontinental Affiliates is the International Master Franchisor for Coldwell Banker and Coldwell Banker Commercial® in 35 countries in the Middle East, Eastern Europe, and Central Asia. This includes rights for a large and diversified geographical area including: Albania, Algeria, Bahrain, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Egypt, Estonia, Georgia, Jordan, Kazakhstan, Kuwait, Latvia, Lebanon, Libya, Lithuania, Macedonia, Montenegro, Morocco, Oman, Pakistan, Qatar, Russia, Saudi Arabia, Serbia, Slovakia, Slovenia, Tunis Turkmenistan, Ukraine, United Arab Emirates, Uzbekistan, and Yemen.