Founded in 1971, 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 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 leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. ERA Franchise Systems LLC launched its European expansion in 1993 with the opening of ERA France. Today, ERA Europe is one of the fastest growing residential real estate network in Europe with 1,108+ offices in year 2016 operating in 14 European countries: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, France, Germany, the Netherlands, Portugal, Romania, Sweden, Switzerland and Turkey.