14 Firms Join the ERA Roster in First Half of 2008; Another 17 Companies Expand Operations Within Network

PARSIPPANY, N.J. (October 2, 2008) – ERA Franchise Systems LLC reported a solid first half in terms of new franchise additions and expansions in its worldwide network of brokerages. ERA Real Estate welcomed 14 new firms to its franchise system in the first six months of 2008 and helped 17 existing franchisees to expand their existing operations, mainly through mergers and acquisitions. The international presence of ERA Real Estate also continued to grow with the opening of offices in Morocco and Romania, expanding the ERA brand’s presence to 51 countries and territories.

“We are pleased that across this country and throughout the world, confidence and growth in the ERA franchise system continued at a consistent rate,” said Brenda W. Casserly, president and chief executive officer of ERA Franchise Systems LLC. “These new firms joined ERA Real Estate to take advantage of our franchise’s unique and timely marketing tools that are designed to help our affiliates succeed in any market.”

In the first half of 2008, ERA Real Estate saw four new firms hailing from the Midwest join its team, the largest is ERA Mi Casa of Chicago, which specializes in serving the Southside of Chicago. Other Midwest additions were ERA Dynasty of Dearborn, Mich.; ERA Bragg Realty Group of Anderson, Ind.; and ERA Hoppens Realty of Onalaska, Wis. The brand’s presence in Chicago was further enhanced by the expansion of ERA Realife Realty operations. ERA Real Estate also increased its presence in the New York metro market with the addition of ERA Dalling & Dalling Realty of Mount Vernon, N.Y., located in prestigious Westchester County and ERA Welcome Realty of Kearny, N.J. In North Carolina, ERA Real Estate also grew with the addition of ERA Mountain Select Properties of West Jefferson and ERA Sunburst Realty, which has locations in Waynesville and Asheville.

Individual ERA companies that expanded in the first half of 2008 were spread across the United States, with existing members adding offices in: Alabama, Arizona, California, Florida, Idaho, Illinois, Michigan, Missouri, Montana, New York, North Carolina, Oklahoma, Pennsylvania and Texas.

New Company Affiliations
Listed below are 14 real estate companies that became affiliated with ERA Real Estate during the first half of 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 Mia 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

Expanded Operations
Listed below are the 17 existing ERA Real Estate affiliated companies that expanded their operations through mergers/acquisitions or opening new offices in the first half of 2008:

Company Office(s) State
ERA Graceland Real Estate Lake Jackson TX
ERA Realty Associates Bella Vista AK
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 Pennink & Strother Real Estate Spring Lake, Cameron NC
ERA TriCoastal Realty North Port FL
ERA Meloi Realty, Inc. Milford PA
ERA Mi Casa Chicago Ill.
ERA Rushing McAdams Polychron REALTORS Hot Springs AK
ERA The Home Connection Pocatello ID
ERA The Realty Group Mesa AZ
Lambros Real Estate ERA Missoula MT
ERA Oxford Chelsea AL

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