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Non-Tech : Cendant Corporation (NYSE:CD) -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (2805)	12/23/1998 11:17:00 AM
From: Brian K Crawford	Read Replies (1) \| Respond to of 3627

Chicago Title and Cendant Form New Business Relationship <<CHICAGO, Dec. 23 /PRNewswire/ -- Chicago Title Corporation (NYSE: CTZ - news) today announced a new strategic partnership with Cendant Corporation (NYSE: CD - news), the world's premier provider of consumer and business services. As a Preferred Alliance, Chicago Title will facilitate title insurance transactions for Cendant's COLDWELL BANKER®, CENTURY 21®, and ERA® franchisees and their clients. >> Here is the interesting part: << Approximately 25 percent of the residential real estate business is handled by a franchised real estate office of one of the three Cendant owned real estate brands...>> I don't know what market share the number two player has...but my guess is a LOT lower than 25%. Anybody with real estate industry experience have some numbers or insight? I like the idea that CD can use its buying power to continue a roll-up of the highly fragmented residential real estate industry through its existing franchises. full article at: biz.yahoo.com Brian