ERA Franchise Systems LLC 1 Campus Drive Parsippany, NJ 07054 (973) 428-9700 FOR IMMEDIATE RELEASE

Media contact: Darren Hoffman 973-407-7904 darren.hoffman@era.com

PARSIPPANY, N.J., (April 30, 2007) – ERA Franchise Systems LLC reported today that its franchise system continues to grow with 11 new residential brokerage companies joining its global franchise network in the first quarter 2007. ERA officials also stated that another 14 affiliated companies expanded their real estate brokerage operations in their respective markets across the country via mergers/acquisitions or opening new branch offices.

ERA Real Estate saw the most significant growth in the first three months of 2007 in Texas, California and South Carolina. The Lone Star State led the way with three new real estate brokerage grand openings along with three ERA affiliates expanding their operations in key Texas markets. South Carolina had two new brokerage openings and one existing franchise expansion. In addition, three new ERA franchised brokerage companies opened their doors for business in California.

The California and Texas markets continue to be a major source of growth for ERA Real Estate. In 2006, 17 new franchise brokerage companies in California joined ERA Real Estate and 10 new firms from Texas became part of the global network.

"As the residential real estate market continues to evolve one thing has remained constant, ERA Real Estate has continued to show impressive growth in both the domestic and international arenas," said Brenda W. Casserly, president and CEO of ERA Franchise Systems LLC. "Our strong showing in the first quarter of 2007 is a testament to the state-of-the art technology and tools that draw more and more real estate professionals to the ERA family.

"This year we will continue to invest in our business practices by adding new world-class products and services that help our brokers and sales associates compete in today's changing real estate marketplace and support their success in the future," said Casserly.

New Company Affiliations Listed below are new real estate companies that affiliated with ERA Real Estate during the first quarter of 2007:

Company	Town	State	Broker/Owner
ERA All Team Realty	Myrtle Beach	S.C.	James Smith
ERA Capital Executive Realty	Torrance	Calif.	Melvin Burrell
ERA Classic Real Estate	Greeley	Colo.	Fred Carollo
ERA Executive Realty	Smyrna	Ga.	Janelle Dorvil
ERA First American	San Bernardino	Calif.	Leon Garcia
ERA Holiday Real Estate	Ocean City	Md.	Jerome Milko
ERA New Age Real Estate	Richardson	Texas	Charlene Winter
ERA Pathfinder Properties	Katy	Texas	Rex L. Brown JR
ERA Truvillion Realty Group	Dallas	Texas	Capri Truvillion
ERA Upstate Realty	Greenville	S.C.	Paul T. Hogan
ERA Vista Realty	Covina	Calif.	Joe Rosales

Expanded Operations

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

Company	Town	State	Broker/Owner
ERA Capital Executive Realty	Las Vegas	Nev.	Melvin Burrell
ERA Brokers Consolidated	Saint George	Utah	Thayne Houston
ERA Comprehensive Real Estate Services	Tipp City	Ohio	Gary Yagley
ERA Courtyard Real Estate	Lubbock	Texas	Drury Roberts
ERA Courtyard Real Estate	Ransom Canyon	Texas	Drury Roberts
ERA Fernandina Beach Realty	Callahan	Fla.	Steve Simmons
ERA Goodfellow Homes	Danbury	Conn.	Scott Cooney
ERA Network Real Estate	Grand Rapids	Mich.	Dana Slocum
ERA The Masiello Group	Durham	N.H.	Christopher J. Masiello
ERA The Masiello Group	Kennebunk	Maine	Christopher J. Masiello
ERA Silver Star	La Porte	Texas	Richard Skotak
ERA Town & Country Real Estate	Henderson	Nev.	R. L. Stein
ERA Tucker Associates	Blauvelt	N.Y.	Sharon Tucker
ERA Wilder Realty	Santee	S.C.	Eddie Wilder

About ERA Franchise Systems LLC
ERA Franchise Systems LLC is a global leader in the residential real estate industry with more than 30 years experience in developing consumer-oriented products and services. Since 1977, ERA Real Estate has teamed with the Muscular Dystrophy Association in its fight against neuromuscular diseases, raising more than $30 million. The ERA network includes more than 35,000 brokers and sales associates and approximately 2,900 offices throughout the United States and 49 other countries and territories. Each office is independently owned and operated. ERA Franchise Systems LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. ERA Franchise Systems LLC information is available at: ERA.com.