Century 21 Real Estate Continues South American Expansion with the Launch of a Master Franchise in Brazil

Century 21 Real Estate Continues South American Expansion with the Launch of a Master Franchise in Brazil

August 07, 2008 // Franchising.com // PARSIPPANY, N.J. — Century 21 Real Estate LLC has announced its expansion in South America with the signing of a master franchise agreement to open CENTURY 21® franchises in Brazil. Entrepreneurs Antonio R. Martinez, David L. Moyer and Robert K. Menescal have partnered to become the master franchisor of the CENTURY 21 System for Brazil, operating as CENTURY 21 Brazil.

"Our entrance into Brazil is exciting and continues to illustrate our determination to grow our franchise internationally through talented and entrepreneurial local professionals," said Tom Kunz, president and CEO of Century 21 Real Estate LLC. "We are honored to welcome Antonio, David and Robert into our global network and to work with these three entrepreneurs to build the CENTURY 21 brand in Brazil."

The agreement with CENTURY 21 Brazil represents a further expansion into South America for the brand. Century 21 Real Estate LLC established master franchises to create CENTURY 21 Colombia in 2003, and CENTURY 21 Venezuela in 1999.

"Having already entered many markets similar to the Brazilian market with much success, we are pleased to be joining such a vastly connected network of real estate professionals and to bring the CENTURY 21 name to our country," said executive Antonio R. Martinez, who has lived and conducted business in Brazil for 20 years. "The CENTURY 21 System is connected by the synergy surrounding fiscally independent agencies, but more importantly, by common values and work ethics."

For more information on CENTURY 21 Brazil, log on to www.c21brasil.com.br.

About Century 21 Real Estate LLC

Century 21 Real Estate LLC (www.century21.com) is the franchisor of the world's largest residential real estate sales organization, providing comprehensive training, management, administrative and marketing support for the CENTURY 21 System. The System is comprised of more than 8,800 independently owned and operated franchised broker offices in 60 countries and territories worldwide. Century 21 Real Estate LLC is a subsidiary of Realogy Corporation, the world's largest real estate franchisor.

© 2008 Century 21 Real Estate LLC. CENTURY 21 ® Is A Registered Trademark Licensed To Century 21 Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each CENTURY 21 Office is Independently Owned and Operated.

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