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Newsroom at ERA.com

1999 Press Releases

ERA Real Estate 
Joy Barnett 
(973) 496-7904 or 
joy.barnett@ERA.com
 
FOR IMMEDIATE RELEASE 

ERA® REAL ESTATE EXPANDS WITH COMPANY AFFILIATIONS AND NEW BRANCH OFFICES NATIONWIDE

Parsippany, NJ (July 9, 1999) – ERA Franchise Systems LLC announced today the recent affiliation of six new companies and the opening of 16 new branch offices in the United States, expanding its presence as a worldwide leader in residential real estate brokerages.

Among the brokerages added through May 31st, four of the six new affiliates each account for more than $500,000 annual Gross Commission Income. The new franchises are:

  • ERA Coastal in Columa, Michigan, the area's top independent firm.
  • ERA McCombs in Fort Wayne, Indiana, a leading independent company whose broker/owner Jack McCombs is the immediate past president of the Indiana Association of Realtors and a director for the National Association of Realtors.
  • ERA Bowers & Associates, Inc. in Southfield, Michigan, a leading minority-owned independent firm which plans to open a second location this fall.
  • ERA Maxwell Real Estate in Cambridge, Massachusetts, a strong, growth-oriented firm which was previously affiliated with ERA in the 1980s.
  • ERA Campos Realty in Union, New Jersey.
  • ERA Apex Realty in Bridgeport, West Virginia.
Existing ERA companies also opened 16 new branch offices in the 2nd Quarter. These offices include ERA Active Realtors, St. Joseph, MI; ERA Central Real Estate, North Quincy, MA; ERA Pearson Realty, Brooksville, FL; ERA A. Clinton Brooks & Co., Inc., St. Petersburg, FL; ERA Dennis Realty & Investment, Tampa, FL; ERA Pearson Realty, Spring Hill, FL; ERA LL Realty, Fernley, NV; ERA Encore Realty, Peoria, AZ; ERA Lentz Associates, Inc., Bainbridge, OH; O'Connor, Piper & Flynn ERA, Beltsville, MD; and four ERA New Star Realty & Investment locations in Irvine, Fullerton, Glendale and Rowland Heights, CA.

"ERA is not only quickly becoming one of the nation's fastest growing real estate franchises, but also an industry leader in providing high quality products and services to homebuyers and sellers across the country," said Jack Frost, ERA Senior Vice President of Franchise Sales. "We are extremely pleased to have these new companies join the ERA global system and are confident they will play an integral role in the continued growth and success of ERA."

Additionally, three newly affiliated companies recently opened their doors for business. They are ERA Dockside Properties, Inc., Key Largo, FL; ERA Premier Real Estate Associates, Sumner, WA; and ERA LL Realty, Fallon, NV.

ERA Franchise Systems LLC, a subsidiary of Cendant Corporation (NYSE:CD), is a leader in the residential real estate industry with over 25 years experience in developing consumer-oriented products and services. The ERA Real Estate network includes more than 2,600 independently owned and operated brokerage offices with more than 29,000 brokers and sales associates throughout the United States and 19 other countries and territories. ERA is available to consumers on the Internet at www.era.com.

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