Cairo, Egypt. 3rd November 2008. Coldwell Banker®, the global provider of full-service real estate, was recently named by Franchise Times magazine as the world’s number 1 real estate franchise. This is the ninth year running that the premier brand has topped the Franchise Times Top 200, a prestigious index considered to be a franchise industry measuring stick.
The Top 200 is determined after months of compiling sales and unit count data from over 1,000 companies ranging from multinational household names to lesser known franchisors. Coldwell Banker was awarded the number 1 spot in the real estate sector based on it having the best worldwide sales performance. Coldwell Banker also landed in 12th place in a list of the world’s biggest and best franchises covering all sectors which included household names like McDonalds, Hilton, and RadioShack.
Mohammed Abdallah, President and Co-Founder of Coldwell Banker Intercontinental Affiliates, the Master Franchisor of 37 countries in the Middle East and Eastern Europe, said: “The fact that our franchise has consistently stood at the number one real estate spot for the last nine years is testament to our systems being second to none. Coldwell Banker provides a proven business model that ensures the success of the franchise is replicated in one country after another, and our sales performance reflects this.”
He added: “From the offset we provide franchisee’s access to Coldwell Banker systems, training, support, and crucially, know-how. This means that Coldwell Banker affiliates grow smoothly and quickly, giving them the opportunity to focus on their core competency; quality real estate brokerage services. ”
Established in 1906, Coldwell Banker is one of the world’s oldest franchises with over 4,500 offices, and over 130,000 Sales Associates worldwide. Coldwell Banker’s pioneering website www.coldwellbanker.com has also won a slew of awards for it’s level of consumer service.