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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: biometricgngboy who wrote (15214)	11/22/2003 3:49:39 PM
From: Elroy Jetson	Respond to of 306849

Century 21 losing market share. If I were a Century 21 franchisee I would be concerned that Cendant/NRT has purchased a large number of their Coldwell-Banker franchisees over the past ten years. Cendant/NRT has not purchased any of their ERA or Century 21 franchisees. When Cendant/NRT has purchased large privately branded real estate chains, such as Fred Sand Realtors in Los Angeles, they have added these new company owned offices to the Coldwell-Banker label. There is a strategy afoot here and if I were part of the ERA or Century 21 groups I would be concerned. Young Van Davis did get one message right, "I will only add that housing appreciation is not sustainable without rising incomes."