---
title: "Coldwell Banker Now Waiving Franchise Fee for Veterans, Minorities and More"
url: https://burnaze.com/article/eaa39e48-f813-4bc9-8e4d-f3d96439932c
source: "1851 Franchise"
original_url: https://1851franchise.com/coldwell-banker-now-waiving-franchise-fee-for-veterans-minorities-and-more-2712272
category: "Real estate"
industry: "Business Services"
segment: "Real estate"
published: 2020-02-14T14:09:46.000Z
modified: 2026-11-01T02:30:23.403Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/4007bb185d7b728e95df43e35654d8909458.jpg
---

# Coldwell Banker Now Waiving Franchise Fee for Veterans, Minorities and More

**TL;DR:** Coldwell Banker announced a diversity initiative, waiving franchise fees for veterans, minorities, women, and those who identify as LGBT. The company will also provide financial assistance and mentorship opportunities to these groups.

*originally published in 1851 Franchise on 2020-02-14. [Read the original](https://1851franchise.com/coldwell-banker-now-waiving-franchise-fee-for-veterans-minorities-and-more-2712272).*

## Story

**Coldwell Banker announced a diversity initiative this week that involves waiving franchise fees for veterans and minorities,** **according to a report in The Real Deal****.**

**Coldwell Banker is also now waiving franchise fees for women and those who identify as LGBT, according to the article. Additionally, Coldwell Banker will provide financial assistance, mentorship opportunities and more to these groups, according to the article.**

**“I strongly believe that one of the best things we can do to increase homeownership in underrepresented communities is to increase access to and understanding of programs and information related to buying and owning a home,” Coldwell Banker CEO Ryan Gorman** **said in a blog post****. “As an industry, that means increasing diversity and representation among brokerage owners.”**

**While franchise fee waivers for women and veterans, for example, are not unheard of, they are more likely to** **come in the form of a limited time offer****. This is worth noting because there is plenty of literature out there to indicate that** **both veterans** **and** **women make excellent franchising candidates****. After all, all you really do in the military is follow orders and prepare for a variety of situations.

And do we need to mention the fact that women must juggle multiple tasks and responsibilities on an hourly basis in order to keep their families, careers and selves afloat?

**Of course we do.**

## Entities

- 1851 Franchise (publication)
- Business Services (sector)
- veteran support (topic)
- diversity initiative (topic)
- franchise fee waiver (topic)
- minority support (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/coldwell-banker-now-waiving-franchise-fee-for-veterans-minorities-and-more-2712272). Summarized by Burnaze (https://burnaze.com/article/eaa39e48-f813-4bc9-8e4d-f3d96439932c).