Saturday, January 10, 2009

Century 21 Real Estate

Century 21 Real Estate LLC is a real estate agent franchise company owned by Realogy, which also owns Coldwell Banker and ERA Real Estate. The name comes from the Century 21 Exposition held in Seattle, Washington in 1962. Century 21 Real Estate is headquartered in Parsippany, New Jersey. Century 21 was founded in 1971 by Art Bartlett and Marsh Fisher, two real estate agents in Orange County, California. The company went public in 1977, was bought out by Metropolitan Life Insurance in 1984, and became part of HFS, the precursor of Cendant, in 1995. Cendant spun off in 2006, and Century 21 Real Estate LLC now operates under its real estate franchise branch, Realogy.
The Century 21 System is comprised of over 8,100 independently owned and operated offices with more than 140,000 sales professionals worldwide, in more than 40 countries and territories.

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