April 08, 2015 // Franchising.com // MADISON, N.J. - ERA Real Estate, a global real estate franchisor, announced the affiliation of Jousting Real Estate in Corona, California. With one office and 26 independent sales associates serving the greater Inland Empire region, including San Bernardino and Riverside counties, the firm will now do business as ERA Jousting Real Estate.
Jousting Real Estate was established in 2009 by owners and executive officers Nick Fahed and Renee Allen and the firm accounted for $97 million in sales volume in 2014.
"A seasoned investor who opened his own company to capitalize on the inherent value of real estate, Nick Fahed has created a robust real estate brokerage in tune with the region's economic needs as well as its drivers," said Charlie Young, president and CEO of ERA Real Estate. "His commitment to providing economic stimulus for the Inland Empire through domestic and international partnerships, combined with Renee Allen's management savvy is helping to fuel growth for his community and his company."
"Our affiliation with ERA Real Estate will provide our firm with access to industry-leading tools and platforms that will promote organic growth through increased productivity and provide entry into new client markets," said Fahed, owner and executive officer. "Known for our high levels of customer service, our agents will also benefit from ERA's sophisticated marketing and technology suite to enhance our clients' experience."
A bedroom community for Orange County, Corona and the surrounding area have benefited from recent infrastructure improvements, notably the Riverside Freeway and Chino Valley Freeway. It is situated at the base of the San Bernardino mountains with easy access to Lake Arrowhead, a popular summer retreat, and Big Bear lake, known for skiing and snowboarding. In addition, its proximity to Los Angeles has made it an attractive locale for celebrities. The predominantly suburban region is the third most populated in the state and expected to continue its growth trajectory.
ERA Real Estate is an innovative franchising leader in the residential real estate industry with 40 years of experience in developing consumer-oriented products and services. The ERA network includes approximately 33,000 brokers and sales associates and approximately 2,300 offices throughout the United States and 34 countries and territories. Each office is independently owned and operated. ERA Real Estate is a subsidiary of Realogy Holdings Corp. (NYSE:RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.
SOURCE ERA Real Estate