ERA Real Estate

• International
• States
• Agents
• Offices
• Real Estate Options
• Filtering Options
• License
• Specialties
• Experience

International

Compared to some real estate franchise companies that are only available in the United States, ERA has locations in 37 Countries (including the United States). Other countries cover Africa, Asia, Caribbean, Europe, Middle East, and North America.

States

An ERA agency can be found in 48/51 states. As part of Realogy, a larger real estate company that includes companies like Century 21 and Coldwell Banker, they have access to shared listings as well, giving complete coverage to virtually any area.

Agents

With a total number of 32,000 agents worldwide, ERA is available to many customers in their local areas. Some companies have more agents, some less, leaving ERA in the middle range of availability.

Offices

The company has approximately 2,300 affiliated offices. Each office is owned by local real estate experts. The amount of offices in each area varies, but ERA Real Estate shows listings even in areas without an office. They have a cluster of 198 brokers in San Francisco, CA.

Real Estate Options

ERA offer services to help you buy and sell homes. Their most unique feature (as many real estate companies only offer access to agents and home listings) is home financing. ERA Mortgage is a home loan program to allow you to finance your home. They offer a service guarantee that they will close your loan by the agreed upon closing date or pay you $500. One thing they do that protects you from getting in over your head is have you apply for a pre-approval so you enter into the process knowing how much you can afford. They also have a Mortgage Payment Calculator, Affordability Calculator, and Monthly Payment Calculator to help you crunch the numbers and know how much you can really afford. ERA also has a Real Estate YouTube Channel provide information about some of the most commonly asked questions about real estate. The benefit to the ERA Loan Pre-approval option is that a pre-approval decision letter in-hand shows the seller and real estate agent that you're financially ready to buy the home and gives you an advantage over other buyers who may be interested in the same property. ERA also offers buyers a Real Estate App. This app uniquely works on smartphones, tablets-and standard cellphones. You can search their home listings from anywhere you have internet service or WiFi. This convenience can be beneficial for busy people on the go or people in between residences. If you sign up for a free account, you can also keep and receive a quick list of homes you've viewed and liked, browse homes you've previously viewed and get weekly updates on property values of the homes that interest you. For those looking to sell their home, ERA provides a listing of local agents to choose from who can help with anything from proper pricing to home staging to negotiating the best offer. They also have a Home Value Estimate Tool. If you enter your address into their estimate tool, you can instantly view several estimates of what your home is worth today. This gives you a better idea of how much your house is worth by using the pricing tool with the insight of a local agent who knows today's market.

Filtering Options

ERA has 20 filtering options. This is an exceptionally large amount of filters. Some only have 10-12 filters, others fewer. You can narrow your search using the traditional filters such as city, zip code, keywords, price range, bed and bath or you can get more advanced with Property type, Listing type or Listing features.

License

ERA requires all of their agents to be licensed. Most real estate companies have a database of agents only, but ERA has a database of REALTORS to choose from.

Specialties

Depending on the agent, ERA offers buying and selling services in residential homes, commercial properties and undeveloped land. Other specialties may be available per individual agent or ERA brokerage affiliate, but the average ERA agent or affiliate focuses on residential homes.

Experience

ERA was founded as Electronic Realty Associates in 1971 by Jim Jackson. Since that time, ERA Real Estate has continued to grow and innovate. In 1973, ERA Real Estate offered the first nationwide home warranty program. Today, ERA Real Estate is online and offers real estate services to both sales associates and consumers. The company has remained a major competitor in the real estate market for 45 years.

• Commission/Selling Cost

Commission/Selling Cost

REALTORS around the globe do receive a commission, but ERA does not agree to disclose the percentage until the buying or selling process has been established with the agent. Also, agent offices are independently owned and operated, which means the commission can vary with each individual agent.