Era Real Estate Welcomes 18 New Affiliate Companies To Its Global Network During July And August 2006

Network strengthens its presence in California with the addition of 9 new affiliate companies and 14 new offices in total

(Thursday, September 21, 2006) - ERA Real Estate today announced that it has grown its global franchise network with the addition of 18 new companies during July and August 2006. In addition, 10 existing ERA® affiliate companies expanded their presence through new office openings or mergers/acquisitions during the same period.

ERA Real Estate continues to strengthen its position in California, with the Golden State accounting for the largest area of growth within the ERA network with nine new franchised brokerage companies and four existing affiliates combining to open 14 new ERA offices. Year to date, ERA Real Estate has added nearly 70 companies and 130 offices to its global real estate network. The ERA network now has nearly 3,000 offices and more than 38,700 sales associates and brokers throughout the United States and 29 other countries and territories.

"ERA Real Estate continues to expand our global network of dedicated brokers and sales associates through both external and organic growth," said Brenda W. Casserly, president and chief executive officer for ERA Real Estate. "During the past two months, we have increased our footprint in a number of key regions, led by our growth within California."

New Company Affiliations
Listed below are real estate companies that affiliated with ERA Real Estate during July - August 2006:

Company Office(s) State
ERA Consolidated Realty Group Simi Valley CA
ERA Elite Elk Grove CA
ERA Gold Key Highland CA
ERA Home Professionals Daly City CA
ERA Platinum Properties Walnut Creek CA
ERA Promerica Realtors Santa Ana CA
ERA Rocklin Real Estate Rocklin CA
ERA Showcase Real Estate Yuba City CA
ERA South Coast Realty Orange CA
ERA Southern Exposure Realty Jupiter FL
ERA Ammons Realty Samford NC
ERA Compass Real Estate Barnegat NJ
ERA 1st Independent Realty Newburgh NY
ERA Glad Realty Services Uniondale NY
ERA Anderson and Associates Real Estate Stroudsburg PA
ERA Ritter Real Estate Smyrna TN
ERA Legends Realty San Antonio TX
ERA Terry Harper Real Estate Forney TX


Expanded Operations
Listed below are existing ERA affiliate companies that expanded their operations through mergers and acquisitions or by opening new branch offices during July – August 2006:

Company Office(s) State
ERA Home Traditions Real Estate Fairfield CA
ERA Dream Team Encinitas, Rancho Santa Fe CA
ERA Shields Real Estate Colorado Springs CO
ERA Tides Realty Group Mt. Pleasant SC
ERA Faust Realty Group Lehigh Acres FL
ERA Pacesetters Partners Murfreesboro TN
ERA Preferred Properties Sacramento CA
ERA Caporale Realty, Inc. Chicago IL
ERA American Dream Chino CA
ERA Real Estate First Grove City OH


About ERA Franchise Systems, Inc.
About ERA Franchise Systems, Inc. ERA Franchise Systems, Inc. is a global leader in the residential real estate industry with more than 30 years experience in developing consumer-oriented products and services. ERA Real Estate was recently named the recipient of the prestigious 2006 J.D. Power and Associates Award for "Highest Overall Satisfaction For Repeat Home Sellers Among National Full Service Real Estate Firms." The ERA® network includes more than 38,700 brokers and sales associates and nearly 3,000 offices throughout the United States and 29 other countries and territories. Each office is independently owned and operated except offices owned and operated by NRT Incorporated. ERA Franchise Systems, Inc. is a subsidiary of Realogy Corporation (NYSE: H), the world's largest real estate franchisor. ERA® information is available to consumers at ERA.com.

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