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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, Texas. In 1974 after rapid growth, the company re-entered the College Station market by opening a branch office. By the mid '70s, 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 and ranch sales. The company also had started a construction division and was active in land development. During the '70s, 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 1,900 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. Between February 1998 and the end of 2000, the company acquired Ferester & Associates, RE/MAX Southbelt, and five Century 21 offices in the Houston area. All 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 and the Century 21 Real-Tec office in Angleton, Texas.
On September 11, 2002, the company extended its operation to the southeast when it acquired 11 offices in Charlotte, N.C. and Columbia, S.C. 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 Lindale, Texas branch was acquired from Town & Lake Realty in August of 2003.
The year 2004 brought the company several new additions. In January, the company acquired Forest Associates Realtors located in Northwest Houston, Texas; in June, three Coldwell Banker Stepp Tuttle offices in Rock Hill, Ft. Mill and Lancaster, South Carolina; in July, Hunter Realty in Statesville, North Carolina; and, in August Coldwell Banker Real Estate Professionals in Conroe, Texas. Also, in the spring of 2004, the company acquired Buyer's Agent Realty in Spring, Texas.
On January 4, 2005, the company acquired Lakehaven Associates offices in Mt. Vernon, Texas, Mt. Pleasant, Texas, and Emory/Lake Fork, Texas. On May 3, 2005, Coldwell Banker Treadway, Realtors which is located in Texarkana, Texas was acquired by the company. House Hunter of Texas, an Austin, Texas company, was acquired in July 2005.
The company's offices are located throughout central and southeast Texas in Austin, Round Rock, Georgetown, 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, Kingwood and Conroe. Other branch offices are located in Galveston, Tyler, Texarkana, Lindale, Bullard, Whitehouse, Angleton, and Lake Jackson. There are 10 branch offices in Charlotte, N.C. area and five offices in Columbia, S.C. All offices are managed by a Vice President, Branch Manager with a wealth of experience in residential real estate sales.
According to RISMEDIA's Top 500 Companies Report for 2005, an industry publication, the company was ranked #10 nationally in transaction sides. The 2005 report is a compilation of a nationwide study of leading real estate companies. This survey represents a comprehensive collection of data assembled on the leaders of the residential brokerage industry.
Coldwell Banker United, Realtors currently operates 53 residential branch offices and one commercial branch office with a sales force of over 1,800 sales associates and over 337 employees. The company closed over 26,443 transaction sides in 2005 with a sales volume of over $5 billion.
The company is a principal broker with Cendant Mobility Services (http://www.cendantmobility.com), a company which provides relocation services to dozens of the nation's top corporations and has the largest market share of any relocation company. 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. Each Office Is Independently Owned And Operated.
Corporate Headquarters
1215 E. Villa Maria
Bryan, TX 77802
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