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Coldwell Banker retires Previews International, introduces new luxury brand

04/11/2017

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Luxury buyers pulled the American real estate market out of the post-2008 recession, says Coldwell Banker president and CEO Charlie Young, and in many cases it was international consumers leading the way.Now, more Americans are making their presence felt in the national luxury market, but having a global reach and good communication channels across international lines is crucial for luxury agents, said the company president.Coldwell Banker luxury agents sell $130 million a day globally in 49 countries, and in 2016 sold over 25,000 $1 million-plus properties in the U.S. AsCharlie Youngsuch, the time has come to retire its 85-year-old Previews International for a more internationally friendly brand, Coldwell Banker Global Luxury.The Coldwell Banker Global Luxury program includes enhancements to the brand’s luxury certification program, a new global luxury website, worldwide distribution of its Homes + Estates magazine, global networking opportunities and an in-dep…

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