Era Real Estate Welcomes 11 New Affiliate Companies To Its Global Network In First Quarter 2007

ERA Network strengthens its presence with the addition of new franchises and existing affiliate expansions

(Monday, April 30, 2007) - ERA Franchise Systems, Inc. reported today that its franchise system continues to grow with 11 new residential brokerage companies joining its global franchise network in the first quarter 2007. ERA officials also stated that another 14 affiliated companies expanded their real estate brokerage operations in their respective markets across the country via mergers/acquisitions or opening new branch offices.


ERA Real Estate saw the most significant growth in the first three months of 2007 in Texas, California and South Carolina. The Lone Star State led the way with three new real estate brokerage grand openings along with three ERA affiliates expanding their operations in key Texas markets. South Carolina had two new brokerage openings and one existing franchise expansion. In addition, three new ERA franchised brokerage companies opened their doors for business in California.


The California and Texas markets continue to be a major source of growth for ERA Real Estate. In 2006, 17 new franchise brokerage companies in California joined ERA Real Estate and 10 new firms from Texas became part of the global network.


"As the residential real estate market continues to evolve one thing has remained constant, ERA Real Estate has continued to show impressive growth in both the domestic and international arenas," said Brenda W. Casserly, president and CEO of ERA Franchise Systems, Inc. "Our strong showing in the first quarter of 2007 is a testament to the state-of-the art technology and tools that draw more and more real estate professionals to the ERA family.


"This year we will continue to invest in our business practices by adding new world-class products and services that help our brokers and sales associates compete in today's changing real estate marketplace and support their success in the future," said Casserly.

Click here to learn about new company affiliations and expanded operations.






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 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." Since 1977, ERA Real Estate has teamed up with the Muscular Dystrophy Association in its fight against neuromuscular diseases, raising more than $30 million. The ERA network includes more than 38,000 brokers and sales associates and approximately 3,000 offices throughout the United States and 44 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, the world's largest real estate franchisor. ERA Franchise Systems, Inc. information is available to consumers at ERA.com .

View all ERA Franchise Systems Press Releases

This article has been read 247 times.

Printer Friendly