ERA Real Estate Grows Franchise System By More Than 50 Offices Last Year

PARSIPPANY, N.J. (April 8, 2009) – Despite the well-documented downturn in the home sales market in the United States, ERA Franchise Systems LLC continued to attract new affiliates and expand its franchise footprint in key markets nationwide in 2008.

ERA Real Estate reported that 20 new residential real estate brokerage companies joined the franchise system in 2008 accounting for 25 new offices. In addition, existing ERA® franchisees opened a total of 33 new offices in the United States in 2008. ERA Real Estate now boasts approximately 2,800 offices and 33,000 agents worldwide. In addition, ERA Real Estate expanded its international presence to 50 countries and territories with new office openings in Morocco and Romania under master franchise agreements.

“Today’s sales environment makes it even more critical for brokers and sales associates to have access to the tools that will give them a competitive edge,” said Charlie Young, chief operating officer of ERA Franchise Systems LLC. “Despite challenging market conditions, ERA Real Estate continues to invest in the brand and attract the finest brokers and sales associates throughout nation and the world.”

New Company Affiliations

Listed below are real estate companies that affiliated with ERA Franchise Systems LLC during 2008:

Company Office(s) State
ERA American Dream Enterprise AL
ERA Realty Associates Bella Vista AZ
ERA Bragg Realty Group Anderson IN
ERA Dalling & Dalling Realty Mount Vernon NY
ERA Mountain View Properties Marion NC
ERA Brenda Waldrop Realty Columbus MS
ERA Dynasty Dearborn MI
ERA Hoppens Realty Onalaska WI
ERA Mi Casa Chicago IL
ERA Mountain Select Properties West Jefferson NC
ERA Sunburst Realty Waynesville, Asheville NC
ERA Stan Hodsdon Realty Commerce GA
ERA Welcome Realty Kearny NJ
ERA Waldrop Real Estate Cullman AL
ERA Heritage Realty Group Zionsville IN
ERA All State Real Estate Roseburg, Eugene, Springfield, Portland OR
ERA Uwharrie Real Estate Southmont NC
ERA The Good Broker Atlanta, Carrollton GA
ERA Three Oaks Realtors Sheboygan WI
ERA Bay and River Real Estate Mathews VA

Expanded Operations

Listed below are existing ERA affiliated companies that expanded operations through mergers/acquisitions or opened new offices in 2008:

Company Office(s) State
ERA Graceland Real Estate Lake Jackson TX
ERA Realty Associates Bella Vista AR
ERA Neubauer Real Estate, Inc. Panama City FL
ERA Crown Realty Saint Charles MO
ERA John Hausam Realtors Tulsa OK
ERA Realife Realty Chicago IL
ERA Realty Center Placerville CA
ERA The Home Connection Pocatello ID
ERA Dynasty Lincoln Park MI
ERA Dynasty Redford MI
ERA Gotham Realty Bayside NY
ERA Preferred Properties R.E. Gettysburg PA
ERA Watson Bakersfield CA
ERA Pennink & Strother Real Estate Spring Lake, Cameron NC
ERA TriCoastal Realty North Port FL
ERA Meloi Realty, Inc. Milford PA
ERA Mi Casa Chicago IL
ERA Rushing McAdams Polychron REALTORS Hot Springs AR
ERA The Home Connection Pocatello ID
ERA The Realty Group Mesa AZ
Lambros Real Estate ERA Missoula MT
ERA Oxford Chelsea AL
ERA Beach Ball Realty Pensacola FL
ERA Queen City Realty South Orange NJ
ERA Real Estate Connection Blue Ridge GA
ERA Oxford Realty Co. Birmingham AL
ERA Dynasty Dearborn MI
Hunt Real Estate ERA Sarasota FL
ERA Dynasty Southgate MI
ERA Brokers Consolidated Saint George UT
ERA The Good Broker Atlanta GA
ERA Cape Fear Properties Wilmington NC
Real Estate Professionals Brooklyn NY

In addition to the system’s growth, in May 2008, based on the evaluation of the Association of Marketing and Communication Professionals’ judges,ERA.com, the company’s consumer Web site, was awarded the Gold Award for Best Web Site Overall in the Hermes Creative Awards 2008 competition. In November, The MarCom Creative Awards presented ERA.com with the Gold Award. The Gold Award is presented to those entries judged to be among the most outstanding entries in the competition.

“While we are proud of the various accolades we have received, ERA Real Estate’s goal is to build products and services that address growing market trends and meet the dynamic requirements of our affiliates and consumers,” said P.J. Martin Smith, senior vice president, Marketing, ERA Franchise Systems LLC. “We are continuously exploring new ways to service our consumers; this award is one more example of how ERA Real Estate is delivering critical resources to our network that will help them build their business.”

Media Contact:
Darren Hoffman
973-407-7904
darren.hoffman@era.com