Cendant real estate brands reported a 37 percent year-over-year increase in the number of brokerage offices, according to a company announcement today.

Franchise sales were up during the first six months of 2005 at Cendant’s Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA and Sotheby’s International Realty brands.

“Our growth is spread across all five of our franchise networks throughout the United States along with a continued expansion internationally,” said Brien McMahon, executive vice president of franchise sales for the Cendant Real Estate Franchise Group.

On the international front, Cendant signed master franchise agreements in the first half of 2005 to expand its brands’ international presence in nine countries and territories. New additions include Century 21 Algeria, Century 21 Jordan, Century 21 Morocco, Century 21 Oman, Century 21 United Kingdom, ERA Oman, Sotheby’s International Realty Bahamas, Sotheby’s International Realty Dominican Republic and Sotheby’s International Realty Western Canada.

The five Cendant brands now encompass 14,364 residential and commercial franchised real estate offices in 58 countries and territories around the world, including 8,939 offices in the United States. Collectively, there are more than 300,000 real estate professionals affiliated with the Cendant brands.

***

Send tips or a Letter to the Editor to jessica@inman.com or call (510) 658-9252, ext. 133.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×