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ERA Franchise Systems Inc.

A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.

Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.

ERA Real Estate is the first franchise system to be invited to become a corporate member of Who's Who in Luxury Real Estate. This exclusive organization is a compendium of luxury real estate brokers from around the world that includes more than 1,000 offices and 15,000 members throughout 25 countries and represents the world's finest properties, collectively selling over 50 billion dollars in real estate every year with an average sale price of 2.5 million dollars. This strategic relationship offers added value to ERA sales associates and their clients by providing expanded marketing opportunities and added exposure for luxury properties included in the ERA International Collection program.

The program offers three different levels of marketing. The International level spotlights those properties that are listed at one million dollars and above the Premier level represent those homes that are within the top 10 percent of their market and Historic level homes are defined by their age at least 50 years old and by their historic characteristics. Total investment for this franchise is 42.700 to 205.900 dollars, franchise fee is 20000 dollars, and ongoing royalty fee is 6 percent. Term of agreement is 10 years. They are ranked 33 in 2006.

ERA offices are united in a commitment to professionalism and service no matter where their customers may be. ERA Real Estate combines it’s always there for you philosophy with the unique strengths of each country it expands. The ERA network is distinguished by expertise in individual markets and by strong cultural ties. In every corner of the world, the talents and tools that the ERA brand offers forge cultural connections while they foster professional partnerships. Though home is said differently in every language, the ERA system is something to which everyone can belong.

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