| Quinn & Co.
Melanie Keenan (212) 868-1900 x225 or mkpquinn@aol.com |
Parsippany, NJ (November 4, 1999) – At a time when residential real estate prices are taking off across Europe, New Jersey-based ERA® Real Estate, a global residential real estate system and a leader in Europe, is holding its first Pan-European conference in Paris, November 5-7. The summit will bring together leading brokers and sales associates from the United States, 7 European and 2 Asian countries.
Since establishing the first real estate franchise outside of North America in 1981 in Japan, ERA has become a worldwide powerhouse. ERA, the real estate company that introduced lawn signs to Germany, the homebuyer's protection program to Luxembourg and an exclusive listings system to Thailand, is now the number-one brokerage firm in Germany and Portugal and the number-two in the Netherlands where it enjoys 28% of the market.
ERA brokers and sales associates will gather in Paris to network, share ideas and to plan future growth. "The local business of residential real estate," said ERA President and Chief Executive Office Peter Burgdorff, "has evolved to become a sophisticated global enterprise. ERA's unparalleled capacity to affect in-country and cross-border transactions throughout Europe and Asia, and our commitment to excellent customer service continues to be our hallmark abroad, as it is stateside."
ERA Franchise Systems LLC, a subsidiary of Cendant Corporation (NYSE:CD), is a leader in the residential real estate industry with more than 25 years of 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 28,000 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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