ERA is a leading global franchisor of residential real estate brokerages. All ERA Offices are independently owned and operated. For nearly 30 years, ERA has set new standards in customer service, technology and training for the real estate industry. The vision of ERA is to provide the total solution for forward thinking individuals, who wish to build a quality and profitable real estate business.

All ERA technology-based products and services are designed to bring the best customer service to home buyers and sellers, faster and at a better price. More than 2,500 ERA offices are operating in all 50 states and 31 other countries and territories. More than 28,000 member brokers and sales associates are part of the ERA Real Estate network.

ERA Franchise Systems, Inc., a subsidiary of Cendant Corporation (NYSE:CD), is a global leader in the residential real estate industry with nearly 30 years experience in developing consumer-oriented products and services. The ERA Real Estate network includes more than 2,500 independently owned and operated brokerage offices with more than 28,000 brokers and sales associates throughout the United States and 31 other countries and territories. ERA is available to consumers on the Internet at www.ERA.com.