Century 21 Real Estate LLC is an American
real estate agent
A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agen ...
franchise
Franchise may refer to:
Business and law
* Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees
* Franchise, a privilege to operate a type of business such as a cable television p ...
company founded in 1971. The system consists of approximately 14,000 independently owned and operated franchised broker offices in 86 countries and territories worldwide with over 147,000 sales professionals. Century 21 Real Estate is headquartered in
Madison, New Jersey
Madison is a borough in Morris County, in the U.S. state of New Jersey. As of the 2020 United States census, the population was 16,937.
Located along the Morris & Essex Lines, it is noted for Madison's historic railroad station becoming one ...
.
The first Century 21 office in Canada opened its doors in British Columbia in February 1976.
History
Century 21 Real Estate (Century 21) was founded in 1971 by two real estate agents,
Art Bartlett and Marsh Fisher, in
Orange County
Orange County most commonly refers to:
*Orange County, California, part of the Los Angeles metropolitan area
Orange County may also refer to:
U.S. counties
*Orange County, Florida, containing Orlando
*Orange County, Indiana
*Orange County, New ...
,
California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...
.
Here Bartlett reveals how they decided on the name:
Century 21 was acquired by
Trans World Corporation Trans World Corporation was the original name of the holding company set up to own Trans World Airlines.
History
In 1967, when the airline sought to diversify into other areas of business, a key investment was ''Hilton International Hotels'', the ...
in 1979, when Trans World Corporation decided to focus on hospitality and housing. In 1985,
MetLife
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, wi ...
acquired Century 21 from Trans World Corporation. When MetLife decided to leave the housing business, Century 21 was sold to Hospitality Franchise Systems (later Cendant) in 1995.
When Cendant split in 2006, Century 21 became part of Realogy, now
Anywhere Real Estate
Anywhere Real Estate Inc., formerly Realogy (), is an American publicly owned real estate services company. It owns and franchises several real estate brands and brokerages, and offers consumer programs, lead generation, relocation, and title ...
.
See also
*
Real estate broker
A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agen ...
*
Real estate trends
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortg ...
*
Realtor
A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agen ...
References
External links
{{Authority control
Real estate companies established in 1971
Franchises
Real estate services companies of the United States
Property agencies of Hong Kong
Realogy brands
Companies based in Morris County, New Jersey
History of Orange County, California
Madison, New Jersey
Private equity portfolio companies
Apollo Global Management companies
1971 establishments in California