Press Release

Weichert, Realtors Opens First Franchise Offices in Arkansas, Indiana and Missouri

1/20/2006

MORRIS PLAINS, N.J. – Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors®, announced its expansion into three new states with the openings of its first affiliated offices in Arkansas, Indiana and Missouri.  The Weichert franchise organization, which launched its first affiliate in January 2002, now includes more than 190 signed offices in 20 states and is home to some 4,000 sales associates. 

 

Martin J. Rueter, president of Weichert Real Estate Affiliates, welcomed the new affiliates, saying “We are excited to mark these significant milestones as the Weichert service model enters new markets with these quality companies leading the way.”  

 

The new Weichert affiliates include:

 

·          WEICHERT, REALTORS® – Pat Mote Properties, Benton, AR – The husband and wife team of Jerry Mote, business manager, and Pat Mote, broker, are the owners of Weichert’s first Arkansas affiliate. 

·          WEICHERT, REALTORS® – Hometown Real Estate, Brownsburg, IN – Broker/owner Stan Comer converted his independent agency into Weichert’s first Indiana franchise. 

·          WEICHERT, REALTORS® – Ellsworth & Associates, St. Louis, MO – The first Weichert franchise office in Missouri and in the major St. Louis market is headed by Broker/Owner Brian Ellsworth, a lifelong St. Louis resident.  

 

Weichert Real Estate Affiliates is the only real estate organization named in Entrepreneur magazine’s 2005 list of the Top Ten New Franchises of the past five years and also ranked among the magazine’s Top 100 Fastest Growing Franchises.

 

Weichert has more than 17,200 sales associates in over 380 company-owned and franchised sales offices in key markets throughout the U.S.  A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance.  For more information, call Weichert's customer service center at 1-800-USA-SOLD or visit Weichert's Web site, www.weichert.com.  Each Weichert franchised office is independently owned and operated.