Century 21(R) System Expands its Global Network with Master Franchise Agreement for Albania

Century 21(R) System Expands its Global Network with Master Franchise Agreement for Albania

September 29, 2008 // Franchising.com // PARSIPPANY, N.J. -- Century 21 Real Estate LLC, the franchisor of the world's largest residential real estate sales organization, has announced its latest international expansion with the signing a master franchise agreement to open CENTURY 21® franchises in Albania. The Dudaj Group, owned by Besnick Dudaj and Adriatik Dudaj, will become the master franchisee of the CENTURY 21 System in Albania. CENTURY 21 Albania plans to be operational by September of this year in the cities of Tirane and Durress.

"We are excited to welcome our colleagues in Albania to the network as international growth continues to be a key initiative for the CENTURY 21 System," said Tom Kunz, President and CEO, Century 21 Real Estate LLC. "We look forward to seeing The Dudaj Group grow and prosper as professional champions for home buyers and sellers in Albania."

The Dudaj Group, formed in 1993, was one of the first private companies to emerge in Albania after the collapse of the socialist system.

"Bringing the CENTURY 21 brand to our country is an exciting accomplishment for myself and our team," said Besnick Dudaj, President and CEO of CENTURY 21 Albania. "We are honored to have access to all of the quality resources that CENTURY 21 offers to better help Albanian customers achieve the dream of owning a home."

About Century 21 Real Estate LLC

Century 21 Real Estate LLC (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 approximately 8,900 independently owned and operated franchised broker offices in 61 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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