The Cendant Mobility broker network, a unit of Cendant Corp.’s real estate services division, reported a record 20,440 closed broker referrals in 2003, an increase of 13 percent compared with the previous year, when the network reported a then all-time high of 18,102 closed broker referrals. Closed broker referrals originate from network brokers and are culminated by a transaction of funds, documents and property.

The network also set a record last year for outgoing referrals, which totaled 62,858 compared with 54,069 in the previous year, an increase of 16 percent.

Cendant Mobility VP Denise Rodgers said the results are “a true testament to the synergies that exist within our broker network.”

The Cendant Mobility broker network includes the Century 21, Coldwell Banker and ERA Cendant real estate brands and independent real estate brokerages. The network has “demonstrated continued growth since its creation in 1997,” a Cendant statement said.

Cendant Mobility is a subsidiary of Cendant Corp. that provides global mobility management and workforce development service for corporate, military, government and affinity markets. Cendant Mobility assists more than 109,000 affinity customers, transferring employees and global assignees annually, including more than 21,000 transferring employees internationally each year in 125 countries, according to the company.

***

Send a Letter to the Editor for publication.
Send a comment or news tip to our newsroom.
Please include the headline of the story.

Show Comments Hide Comments

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
Hear from Realogy, Pacaso, SERHANT., Spotify, Redfin, Douglas Elliman, and 100+ more leaders at ICNY.Register now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
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