Davidson, who led the Century 21 Real Estate brand as president and CEO from 2010 to 2017, returned to real estate in a big way in 2021 when he acquired JP and Associates Realtors (JPAR). JPAR, which operates an agent flat-fee model, in 2022 between brokerage and franchise operations, has 65 offices in 26 states with more than 4,000 real estate professionals. Backed by a private equity firm, Davidson’s company, Cairn Real Estate Holdings, is looking to make further acquisitions.