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Century 21 Real Estate LLC is an American real estate agent franchise company founded in 1971. The system consists of approximately 14,000 independently owned and operated franchised broker offices in 86 countries and territories worldwide with over 147,000 sales professionals. [2] Century 21 Real Estate is headquartered in Madison, New Jersey. [3]
Keller Williams Realty franchise signing in South Africa in 2012. By the end of the decade in 2010, Keller Williams had 77,672 real estate agents in the United States. It surpassed Century 21 as the second largest real estate agency in the U.S., two years after taking over the third spot from RE/MAX International. [14]
National Realty Trust was formed in 1996 when Cendant, (then HFS Inc.) purchased Coldwell Banker Corporation.The trust was responsible for the nearly 400 brokerage offices that had been acquired in the Coldwell Banker purchase as well as continuing to acquire offices and renaming them with one of Cendant's brand names (Coldwell Banker, ERA and Century 21).
A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region. [2]
Arthur E. "Art" Bartlett (November 26, 1933 – December 31, 2009) was an American entrepreneur and founder of the Century 21 Real Estate franchise. He and a partner founded the company in 1971 with a single office, which had expanded to 7,700 offices worldwide by the time of his death, though he had sold the business to Trans World Corporation in 1979 for $89 million.
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