Century 21 Real Estate LLC, the world"s largest residential real estate sales organization, entered the Romanian market by signing a franchise agreement and opening a real estate office in Bucharest. The Century 21 Romania master franchise is an agreement that grants the owners exclusive franchising rights to the Century 21 name and system throughout Romania. Century 21 Romania intends to offer small and medium real estate companies the opportunity to compete against the main players on the domestic real estate market, through the affiliation with an international network.
Century 21 Real Estate LLC provides comprehensive training, management, administrative and marketing support for the Century 21 System. The System comprises more than 7,900 independently owned and operated franchised broker offices in 45 countries and territories worldwide. Century 21 Real Estate LLC is a subsidiary of Realogy Corporation, the world"s largest real estate franchisor.