ERA Real Estate Grows Franchise by Nearly 100 Offices Last Year
PARSIPPANY, N.J., (February 20, 2008) – ERA Franchise Systems LLC reported today the 2007 growth of its national and international network. Steady growth throughout the year proves that savvy entrepreneurs across the United States continued to choose ERA Real Estate as their flagship real estate brand of choice.
In the fourth quarter of 2007, a total of 11 new franchises joined the ERA network and another 13 companies expanded their respective operations through mergers or acquisitions. Fourth quarter activity raised the number of new affiliates that joined ERA Real Estate for the full year to 52 firms.
The ERA network added two new offices in California, with one in Taranza and another in Corona. Additionally in California, the ERA Dream Teamexpanded in San Clemente with the addition of a new office. The ERA network also increased its market share in Georgia with two new firms joining its ranks in Newnan and East Point. ERA Buckhead Realty expanded its operations in the Peach State as well with a new office in Conyers in the fourth quarter.
ERA Real Estate expanded its presence in major international markets in the past 12 months. In 2007, ERA Real Estate’s global operations grew with new office openings under master franchise agreements in six countries/territories including: the Dominican Republic, Guadeloupe, Italy, Mexico, Morocco and Turkey.
“Despite the fact that the real estate market is currently facing some challenging times, our franchise operators know that real estate is cyclical and that market conditions will change and successful professionals must quickly and effectively adjust to them, said Brenda W. Casserly, president and chief executive officer of ERA Franchise Systems LLC. “They selected the ERA system because the franchise offers the latest state-of-the-art sales and training tools that will give them the competitive edge in every type of market.”
New Company Affiliations
Listed below are real estate companies that affiliated with ERA Real Estate during the fourth quarter of 2007:
| Company | Office(s) | State |
| ERA Pinnacle Properties | Black Mountain | NC |
| ERA Excellence | West Chester | PA |
| ERA Integra Realty | Elizabeth | NJ |
| ERA Prime Real Estate | Taranza | CA |
| ERA United Realty Group | Newnan | GA |
| ERA Lakes Edge Realty | Lake Lure | NC |
| ERA The Baker Group Realtors | East Point | GA |
| ERA Byars & Associates | Jasper | AL |
| ERA Alpha-Net Real Estate | Corona | CA |
| ERA Real Estate Links | Carmel | IN |
| ERA Sanders Real Estate | Pratt | KS |
Expanded Operations
Listed below are existing ERA affiliated companies that expanded operations through mergers/acquisitions or opening new offices in the fourth quarter of 2007:
| Company | Office(s) | State |
| Hunt Real Estate ERA | Carthage | NY |
| ERA Rushing, McAdams, Polychron Realtors | Hot Springs | AR |
| ERA Johnson Real Estate, Inc. | Hermitage | PA |
| ERA Morrison Real Estate | Westford | MA |
| Pargin Realty ERA | Albuquerque | NM |
| ERA John Hausam Realtors | Grove | OK |
| Lambros Real Estate ERA | Kalispell | MT |
| ERA Integrity Real Estate | New Castle | IN |
| ERA Buckhead Realty | Conyers | GA |
| ERA Dream Team | San Clemente | CA |
| ERA Comprehensive Real Estate Services | Centerville | OH |
| ERA Tides Realty | Summerville | SC |
| ERA Woods Group | Lexington | KY |
