Coldwell Banker Bain, world’s largest Coldwell Banker affiliate, acquired

Bill Riss, owner of Seattle-based Coldwell Banker Bain, whose 2020 sales volume of $6.4 billion made it the nation’s 26th largest brokerage, has sold his firm to a subsidiary of real estate title giant Stewart Information Services Corp. Stewart is a global firm publicly traded on the New York Stock Exchange with, as of early November, a market cap of over $2 billion. This is another example of the industry’s entrepreneurial owners selling and transitioning the industry in general into one that is more corporately-owned and publicly traded.