December 04, 2012 // Franchising.com // PARSIPPANY, N.J. – ERA Real Estate, a global franchising leader, today announced the affiliation of Schuler Bauer Real Estate Services in New Albany, Ind. With three offices and 115 sales associates serving the Southern Indiana and Louisville, Ky., markets, the company will now do business as Schuler Bauer Real Estate Services ERA Powered.
A market leader in transactions, sales volume and listings and the largest real estate company in Southern Indiana, Schuler Bauer Real Estate Services ERA Powered accounted for approximately $200 million in sales volume over the last 12 months. Established in 2000 after a merger of two top brokerages, Schuler Bauer Real Estate Services ERA Powered is led by Chairman D.J. Hines, owner David Bauer and CEO Matthew Williams.
“The addition of Schuler Bauer Real Estate Services ERA Powered to the ERA® system marks the entry into a new market for our brand,” said Charlie Young, president and CEO of ERA Real Estate. “The firm’s deep roots in the region will be complemented by ERA Real Estate’s rich resources as they enhance their presence in this growing market.”
“Expanding our footprint has always been a goal for us, but we knew we needed the right strategy to successfully fuel that growth,” said Hines. “As a member of the ERA system, we can leverage the tools, technology and resources of a global brand to build on our local presence, expand our service area and create a more permanent foothold in the Louisville market.”
“Aligning with ERA Real Estate allows us to offer our agents cutting edge training programs to augment their professional development and gain a competitive edge in the market,” said Williams. “We also gain access to a robust lead management platform and an expanded referral network while tapping into the momentum of a growing brand.”
ERA Real Estate is an innovative franchising leader in the residential real estate industry with 40 years experience in developing consumer-oriented products and services. The ERA network includes approximately 30,000 brokers and sales associates and approximately 2,400 offices throughout the United States and 35 countries and territories. Each office is independently owned and operated. ERA Real Estate is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global provider of real estate services. ERA Real Estate information is available at: ERA.com.