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MERGER STRENGTHENS ERA NETWORK PRESENCE IN SAN ANTONIO REAL ESTATE MARKET
ERA Colonial Real Estate joins forces with Kuper Realty Corporation PARSIPPANY, NJ, June 16, 2003 – ERA Franchise Systems LLC announced today that network affiliate ERA Colonial Real Estate in Harker Heights, Texas, and Kuper Realty Corporation in San Antonio, have united to create a network of more than 150 sales associates serving Central and South Texas. The new firm will operate as ERA Kuper Realty Corporation. In 2002, the two brokerages achieved a total of more than $12.1 million in gross closed income (GCI). As ERA Kuper Realty Corporation, the brokerage will continue to operate in three existing office locations throughout San Antonio. ERA Colonial Real Estate, a multi-office brokerage serving communities throughout Central Texas, has been helping people achieve the dream of homeownership since 1987. The company is an ERA® President's Circle Top 50 brokerage and a member of the National Military Broker Network. Kuper Realty Corporation has served the San Antonio area since 1972, specializing in luxury home sales and relocation services. Its sales professionals boast more than 1,500 years of combined experience in the real estate industry. Charlie Kuper, president, Kuper Realty Corporation, will oversee operations of the newly created brokerage. "Our decision to unite with Kuper Realty Corporation was based on its distinctive reputation and to grow our market share," said Dennis DeWine, broker/owner, ERA Colonial Real Estate. "Most importantly, the company shares our deep sense of integrity and emphasis on personalized service. We will strengthen our level of customer service by combining the talents of our sales associates and by creating a synergy between both companies." "Since Kuper Realty Corporation was founded more than three decades ago, its primary goal has always been to furnish the community with the finest real estate services available," said Kuper. "The technology, marketing and training tools ERA offers to its affiliates will be an asset to our sales associates as they continue to excel in the real estate industry."
About ERA Franchise Systems LLC
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