ERA Real Estate Announces Winners of Fourth Annual Scholarship Program

Three Grants Totaling $30,000 Presented to Family Members of ERA Network Professionals

April 23, 2008 // Franchising.com // PARSIPPANY, N.J. — The 2008 recipients of the ERA® Scholarship Grant Program were announced at the annual ERA International Business Conference in Orlando, Florida. Each winner received a $10,000 check to help support their academic pursuits.

"ERA Real Estate is proud and delighted to help support the academic pursuits of these three bright and hard-working students," said Brenda Casserly, president and CEO of ERA Real Estate, at the awards ceremony. "Just as we are committed to fostering the continued growth of our affiliate members through ongoing training and development, we are excited to provide educational opportunities for their children and grandchildren through this scholarship program."

Joining Casserly in presenting the scholarship awards at the ceremony were Richard A. Smith, president and chief executive officer of Realogy Corporation, and Alex E. Perriello, president and chief executive officer of the Realogy Franchise Group. The three winners of the scholarship grants were:



The grant program is open to children, grandchildren or legal wards of real estate professionals affiliated with the ERA system. Eligible candidates have to have a cumulative GPA of 3.3 or higher (on a 4.0 scale), demonstrate a financial need and reflect the same ideals for which ERA professionals are well known: leadership, volunteerism and a commitment to life-long learning.

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 38,000 brokers and sales associates and approximately 3,000 offices throughout the United States and 49 other countries and territories. Each office is independently owned and operated except offices owned and operated by NRT LLC. 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.

About ERA

ERA Real Estate is in the residential real estate industry with nearly 45 years of experience in developing consumer-oriented products and services.

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