MADISON, N.J. - Jan. 14, 2016 // PRNewswire // - Century 21 Real Estate LLC, the iconic brand and franchisor with the largest global network in the residential real estate industry, today announced that its two largest independent franchisees – Century 21 Affiliated, Madison, Wisconsin and Century 21 New Millennium, Alexandria, Virginia – have renewed their franchise agreements with Century 21 Real Estate LLC. The result will be 101 Century 21® independent offices and over 2,500 affiliated agents continuing to be brand ambassadors and real estate leaders with consumers and industry professionals alike, making a difference in communities throughout Illinois, Indiana, Maryland, Michigan, Minnesota, Washington, D.C., Wisconsin, and Virginia.
"For two industry juggernauts like Century 21 Affiliated and Century 21 New Millennium to make the proactive decision to remain affiliated with our brand, after conducting their due diligence on all available options and market opportunities, is further affirmation of our capabilities as a global organization, and to the overall value of the innovative technology, tools and learning suite of products and services we deliver to our System each and every day," said Rick Davidson, president and chief executive officer, Century 21 Real Estate LLC. "We honor the trust and confidence from these valued companies, and will remain focused on helping them grow and to operate more successfully while attracting the attention of consumers and sales professionals who want the value proposition they bring to the market."
Century 21 New Millennium has been a valued Century 21 System member and a leading real estate company in the Washington D.C., Maryland, and Virginia markets since 1998. "The Century 21 brand has been a tremendous partner in our company's growth and success," stated Todd Hetherington, CEO and co-owner of Century 21 New Millennium. "Their accessibility and enthusiastic support of our organization's goals made the decision to renew very easy."
Through steady, strategic growth, Century 21 New Millennium has 19 locations in the greater Washington, D.C. area. Their production in 2015 kept them in the top ranking in the Century 21 System company for gross closed commission.
"Century 21 has the tools and technology and support systems that enable our agents to provide the best services available in the industry," added Mary Lynn Stone, Century 21 New Millennium's president and co-owner. "We're delighted to continue our relationship with this great franchise."
Century 21 Affiliated started July 1, 1978 with offices only in Madison, Wisconsin. Thirty-eight years later, the company now has 83 offices in Wisconsin, Illinois, Indiana, Michigan, and Minnesota, making it the largest company by offices in the Century 21 System. The incredible growth of Affiliated is exemplified by the fact that they closed 13,746 transactions in 2015 making them the No. 1 C21® company in closed transactions.
"Over the last five years, Century 21 Affiliated has more than tripled in size, now representing over 80 offices, 1,700 sales professionals and 13,000 annual homes sold, and we certainly would not have had this type of growth without the ongoing support from the Century 21 brand," explained Dan Kruse, president and chief executive officer of Century 21 Affiliated. "We're a proud franchisee of the Century 21 system. Their innovative thinking embraces our strategy for new market growth and supports our overall business model."
The announcement of the renewal of both Century 21 Affiliated and Century 21 New Millennium comes on the heels of Century 21 Real Estate announcing that it received the "Highest Overall Satisfaction for First-Time and Repeat Home Buyers and Sellers"* in the annual J.D. Power 2015 Home Buyer/Seller StudySM. Specifically, the Century 21 brand swept the awards for the second year in a row by receiving the highest ranking among national real estate firms across all four customer satisfaction segments in the study.
Century 21 Real Estate has numerous websites to help answer specific consumer needs. They are:
Century 21 Real Estate LLC (Century21.com) is comprised of approximately 6,900 independently owned and operated franchised broker offices in 78 countries and territories worldwide with more than 101,000 independent sales professionals.
Century 21 Real Estate LLC 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.
© 2016 Century 21 Real Estate LLC. All Rights Reserved. Century 21®, the Century 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.
*The Century 21® brand received the highest numerical score among full service real estate firms for first-time and repeat home buyers and sellers in the proprietary J.D. Power 2015 Home Buyer/Seller StudySM. Study based on 6,059 total evaluations measuring 5 firms and measures opinions of individuals who bought or sold a home in the past 12 months. Proprietary study results are based on experiences and perceptions of consumers surveyed February - April 2015. Your experiences may vary. Visit jdpower.com
SOURCE Century 21 Real Estate LLC
Century 21 Real Estate LLC