Century 21 Real Estate
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| Type | Subsidiary of Realogy |
|---|---|
| Founded | California (1971) |
| Headquarters | Parsippany, New Jersey, U.S. |
| Number of locations | 67 countries |
| Key people | Tom Kunz[1] |
| Industry | Real Estate |
| Revenue | Current information not available. |
| Employees | 120,000 |
| Website | www.century21.com |
Century 21 Real Estate LLC is a real estate agent franchise company owned by Realogy, which also owns Coldwell Banker and ERA Real Estate. Century 21 Real Estate is headquartered in Parsippany, New Jersey.[2]
The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.[2]
Century 21's consumer website, Century21.com, is the fifth most visited real estate website on the Internet as of March 2009.[3]
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[edit] History
The name Century 21 comes from the Century 21 Exposition held in Seattle, Washington in 1962. Century 21 was founded in 1971 by Art Bartlett and Marsh Fisher, two real estate agents in Orange County, California.
The company went public in 1977, and was bought out by Metropolitan Life Insurance in 1984. In 1995, the company became part of HFS, the precursor of Cendant, under the leadership of Robert W. Pittman, creator of MTV. Cendant spun off in 2006, and Century 21 Real Estate LLC now operates under its real estate franchise branch, Realogy.
In 2009 Century 21 Real Estate LLC announced its decision to transition its television advertising to additional online advertising, including media spend in the following categories in 2009: display, search engine marketing and partnerships with real estate listing Web sites.[4]
[edit] Notable Figures
- In the late 1990s, Century 21's president was Robert W. Pittman, creator of MTV and former CEO of AOL and later of Time Warner.
- Stacy Carter, known as The Kat - professional wrestler worked in the field of real estate in Lee County, Florida for Century 21 for some time after her divorce from Jerry Lawler.
