ERA Adds 17 New Brokerages Affiliates and 26 Offices in Q3

 Print Article

RISMEDIA, Nov. 12, 2007-ERA Franchise Systems LLC reported third quarter growth that included the addition of 17 new residential brokerage affiliates to its global franchise network as well the expanded operations of eight existing affiliates through mergers, acquisitions or the opening of new offices. Thus far in 2007, a total of 40 new firms have joined the ERA Real Estate franchise network.

“ERA Real Estate has shown an impressive resiliency and consistency in terms of its network growth in 2007,” said Brenda W. Casserly, president and chief executive officer of ERA Franchise Systems LLC “The third quarter was our best so far this year in terms of new affiliates joining our network. Also, the number of existing firms expanding their businesses within ERA has mirrored results from the first and second quarters of this year, which is a credit to our existing franchisees.”

In the third quarter of this year, a total of 17 new affiliates with 26 offices spread out over 11 states joined the ERA franchise system. In terms of business expansions, eight existing ERA franchisees expanded their base of operations, thus raising the year-to-date total to 31 brokerages that have grown their geographic base within the ERA network. Four of these firms opened new locations in Florida and two companies have opened the doors to new locations in Massachusetts in the third quarter.

ERA Franchise Systems expanded its market presence on the West Coast with four new firms joining the network in California, adding 11 office locations in the prime market areas of: Burbank, Mission Viejo, Victorville, Torrance, Rancho Cucamonga, Carson, Cerritos, Chatsworth, West Lancaster, Palmdale and Van Nuys. ERA Real Estate also added two offices in Philadelphia.

New Company Affiliations

Listed below are the 17 real estate companies that affiliated with ERA Real Estate in the third quarter of 2007:

ERA Byrne Realty Brick NJ
ERA People’s Realty Van Nuys, Palmdale, Chatsworth, Lancaster CA
ERA Aarch Realty Philadelphia PA
ERA American Realty Group Eau Claire WI
ERA Johnny Owens Realty Lawton OK
ERA Lakeway Real Estate Dandridge TN
ERA North Point Realty Plano TX
ERA One Step Realty Burbank CA
ERA Pacific Meridian Mission Viejo CA
ERA SK Realty Springfield KY
ERA White Pine Real Estate Crivitz WI
Lambros Real Estate ERA Missoula, Hamilton, Polson MT
ERA Buy America Real Estate Services Victorville, Cerritos, Rancho Cucamonga, Carson, Torrance CA
ERA Cilione Real Estate Philadelphia PA
ERA Esther Morales RE Rio Rico AZ
ERA Hemlock Sales Agency Lords Valley PA
ERA Integrity Realty Summer WA

Expanded Operations

Listed below are new and existing ERA affiliated companies that expanded operations through mergers/acquisitions or opening new offices in the third quarter of 2007:

ERA Menu Realty Port Orange FL
ERA Meloi Realty Inc. Milford PA
ERA One Source Real Estate Services Venice FL
ERA SK Realty Cambellsville, Lebanon KY
ERA Winning Team Realty North Bergen NJ
ERA American Realty of North West Florida Navarre FL
ERA M. Connie Laplante Real Estate South Hadley MA
ERA Morrison Real Estate Billerica MA

For more information, visit www.ERA.com.

RISMedia welcomes your questions and comments. Send your e-mail to: realestatemagazinefeedback@rismedia.com.
 

Not a real estate professional? » From buying & selling to home improvement, click here for all things real estate.

Wednesday, March 17, 2010