Press Release

Weichert Real Estate Affiliates Named One of Top Franchises by Entrepreneur Magazine

MORRIS PLAINS, N.J. – Weichert Real Estate Affiliates, the franchise arm of Weichert, Realtors®, was recently named as one of the nation’s top franchises, according to the results of Entrepreneur magazine’s 28^th Annual Franchise 500®. The survey spotlights the top 500 franchises in the U.S. and Canada for 2007.

The Weichert company went from No. 221 last year to No. 152 this year in the Top Global Franchises list. The company also jumped to 44^th place, from 91^st, in the magazine’s survey of the nation’s fastest growing franchises.

Noting the company’s accelerating positions on both lists, Weichert Real Estate Affiliates president, Marty Rueter, said, “Each year we are honored to be recognized by this prestigious survey. Our advancing rankings in Entrepreneur are a real testament to the strength of the Weichert brand and systems, which have enabled us to bring in to our network highly-regarded professionals that share our sense of purpose and values.”

Since launching its first independently owned and operated franchise in January 2002, Weichert Real Estate Affiliates has grown its franchise network to include more than 6,300 sales associates in 29 states. Rueter expects the company’s steady growth to continue in 2007. Earlier this year, the company celebrated the signing of its 300^th franchise office.

Entrepreneur magazine’s annual ranking evaluates franchise operations that submitted Uniform Franchise Offering Circulars or Canadian disclosure documents and whose information has been verified by the magazine. All companies, regardless of size, are judged by the same criteria, including financial strength and stability, growth rate and system size.

Weichert has more than 18,300 sales associates in nearly 490 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.