
Richard W. “Rick” Davidson was appointed president and chief executive officer of Century 21 Real Estate in February 2010. In his role, Davidson leads the world’s largest residential real estate sales organization of approximately 7,700 independently owned and operated franchised brokerage offices and 117,000 sales associates in 67 countries and territories worldwide.
Prior to his current post, Davidson served in a dual capacity as chief operating officer of Coldwell Banker Real Estate LLC and as president and chief operating officer of Coldwell Banker Commercial Affiliates. In this role, Davidson was responsible for overseeing the Coldwell Banker residential franchise operations on a global basis for after having led the brand’s commercial operations since May 2006. Specifically, he was responsible for directing the operations, field services, education and mortgage services programs across this global residential real estate network.
Davidson’s leadership of Coldwell Banker Commercial has been credited with reinventing the brand’s value proposition and reinvigorating its network of affiliated brokers and sales associates.
Previously, Davidson was the founding principal and chief executive officer of Coldwell Banker Commercial Capitol Realty Services, an independently owned and operated company in the Washington, D.C., metropolitan market.
Before establishing Coldwell Banker Commercial Capitol Realty Services in 2003, Davidson spent nine years as managing director of CB Richard Ellis in the Washington, D.C., metropolitan market and three years with Insignia/ESG as executive vice president. As an integral member of the CB Richard Ellis’s regional team, its metropolitan market presence grew exponentially in all service areas, and the firm was named the No. 1 real estate services company in Washington D.C. in 1999 and 2000. During his tenure, Davidson received several national awards, including Manager of the Year in 1994 and 1996, and the J. Frank Mahoney and James Didion Chairman’s Leadership Award for Real Estate Excellence in 1997, 1998 and 2000. At Insignia/ESG, Davidson was responsible for day-to-day activities of all leasing, property management, facility management and construction management teams throughout the eastern half of the United States and oversaw a portfolio of more than 225 million square feet.
With more than 20 years of experience in the real estate industry, Davidson is a licensed real estate broker in Virginia, Maryland and the District of Columbia. He has received several national awards for real estate excellence, and is a member of the Urban Land Institute and holds BOMA’s Real Property Administrator (RPA) designation, which he received in 1990. Davidson is active in Big Brothers/Big Sisters and a number of other local and national charities.
He is an honors graduate of National Louis University in Chicago.