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Century 21 Nearly Doubles Second Quarter Closed Sale Commissions

Century 21 Real Estate Corporation, franchisor of one of the world’s largest residential real estate sales organizations, announced today that franchise sales in the second quarter of 2001 (ended June 30, 2001) totaled more than $64.6 million in Gross Closed Commissions (GCC), compared to $34.7 million in the same period of 2000.

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Significant franchise sales deals involving additions to and expansions within the CENTURY 21 System in the second quarter of 2001 are CENTURY 21 Advantage Gold of Las Vegas, NV ($10 million in GCC); CENTURY 21 Atwood of Mankato, MN ($4.7 million in GCC) and CENTURY 21 Curran & Johnson of Dearborn, MI ($3.0 million in GCC).

The CENTURY 21 System is comprised of more than 6,600 independently owned and operated franchised brokerage offices in more than 28 countries and territories worldwide. Century 21 Real Estate Corporation is a subsidiary of Cendant Corporation (NYSE:CD).

Published: August 20, 2001

Use of this article without permission is a violation of federal copyright laws.


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