Industry News

ERA real estate franchise network expands

Company adds 18 affiliates in July, August

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ERA Real Estate added 18 new affiliate companies to its franchise network in July and August, the company announced, and 10 existing affiliates opened new offices or engaged in mergers or acquisitions during that period. The ERA network includes about 38,700 sales associates in the United States and 29 other countries and territories. Each office is independently owned and operated except those offices owned and operated by NRT Inc. ERA Franchise Systems Inc. and NRT Inc. are subsidiaries of Realogy Corp., the world's largest real estate franchise company. Other company-owned and franchise real estate brands affiliated with Realogy include Coldwell Banker, Century 21 and Sotheby's International Realty. "ERA Real Estate continues to expand our global network of dedicated brokers and sales associates through both external and organic growth," said Brenda W. Casserly, president and chief executive officer for ERA Real Estate, in a statement. "During the past two months, we have increase...