ERA Real Estate Strengthens International Presence, Welcoming Turkey into Network

RISMEDIA, August 1, 2007—ERA Franchise Systems LLC has announced the latest addition to ERA Europe’s operations—Turkey. The ERA global network now includes more than 38,000 brokers and sales associates and nearly 3,000 offices throughout the United States and 44 other countries and territories; ERA Europe’s operations account for 17 European markets with over 1,100 offices and 6,500 brokers and sales associates.

“We take great pride in the fact that ERA is a global leader and has such a solid reputation in the residential real estate industry,” said Brenda W. Casserly, president and CEO, ERA Franchise Systems LLC. “The strength of the brand is derived from more than 30 years experience in developing successful consumer-oriented products and services. Entering Turkey is a testament to the hard work and dedication of ERA Europe’s management team and it demonstrates the true reach and strength of the brand. We’re proud ERA Turkey is now part of the ERA global family.”

“The Turkish real estate market is so dynamic; it is an exciting time to be involved with its growth and development,” said François Gagnon, president, ERA Europe. “We welcome the ERA Turkey team to our European network and look forward to establishing the ERA brand name in this new market. ERA Europe was built on a foundation of solid brand equity and has developed into a leading real estate powerhouse throughout Europe.”

For more information, visit www.ERA.com.