MADISON, N.J., March 27, 2017 /PRNewswire/ -- Century 21
Real Estate LLC, franchisor of the iconic CENTURY 21®
brand, announced today that Rick Davidson will be transitioning
from his role as President and CEO on April
21 to return to his entrepreneurial roots in real estate
brokerage. Davidson will pursue his passion within the CENTURY 21
System as a principal and president of the Everest Group, operator
of CENTURY 21 Everest-Troop Real Estate, a Salt Lake City-based firm with 17 offices in
Utah and California. CENTURY 21 Everest-Troop ranks
among the top five C21® franchise affiliates
worldwide.
"We thank Rick Davidson for his
11 years of outstanding leadership and service at Realogy, the last
seven of which have enabled CENTURY 21 to become a far stronger and
healthier franchise network today than ever before," said
John Peyton, president and chief
operating officer of the Realogy Franchise Group, the parent
company of the CENTURY 21 System. "We are delighted that he will
remain affiliated with the franchise system as he moves forward
with this next stage of his career. There is no better validation
for the C21® System than to have a leader of Rick's
caliber choose to affiliate with the franchise."
Peyton continued, "In the interim, CENTURY 21 remains in
extremely good hands with its existing senior leadership team, and
the day-to-day operations of the brand will continue to be managed
by Chief Operating Officer Greg
Sexton. We are moving expediently, yet deliberately, to
conduct a thorough search and evaluate candidates for the CEO
position."
During the past seven years, Davidson and his leadership team
are credited with reinvigorating the CENTURY 21 System, putting in
place a comprehensive plan to create excitement about the brand
throughout the industry, drive brand pride, foster loyalty within
the system and drive growth. The momentum behind CENTURY 21 today
is powerful, as evidenced by the brand's unprecedented sweep of the
annual J.D. Power Home Buyer/Seller Satisfaction
StudySM, in which it earned "Highest Overall
Satisfaction for First-Time Home Sellers, First-Time Home Buyers,
Repeat Home Sellers, and Repeat Home Buyers (Tied in 2016) among
National Full Service Real Estate Firms in each of the past three
years.
The satisfaction level of CENTURY 21 affiliates has increased in
every category since 2010. Last year was the best year for
franchise sales that C21 has experienced in the past decade. In
addition, the brand's marketing campaign continues to evolve while
promoting the expertise of its System members and reinforcing the
brand's positive momentum.
"I am deeply proud of the growth and market positioning we have
been able to accomplish together as a team at CENTURY 21," said
Davidson. "I cherish the relationships I have built through the
years, and I am excited to become a principal of a leading
franchise affiliate brokerage firm within the C21 System. This is
the start of an exciting new chapter for my career, and my decision
to remain affiliated with the CENTURY 21 brand should speak volumes
about where my heart is. In my return to real estate brokerage, I
wanted CENTURY 21 and the Realogy Franchise Group to remain my
home."
About Century 21 Real Estate LLC
Century 21 Real
Estate LLC is comprised of approximately 7,330 independently owned
and operated franchised broker offices in 77 countries and
territories worldwide with more than 110,000 independent sales
professionals. Century 21 Real Estate has numerous websites to help
answer specific consumer needs. They are century21.com,
century21Global.com, commercial.century21.com,
century21.com/finehomes, and century21espanol.com.
Century 21 Real Estate LLC is a subsidiary of Realogy Holdings
Corp. (NYSE: RLGY), a global leader in real estate franchising and
provider of real estate brokerage, relocation and settlement
services.
© 2017 Century 21 Real Estate LLC. All Rights Reserved. CENTURY
21®, the CENTURY 21 Logo are registered service marks
owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC
fully supports the principles of the Fair Housing Act and the Equal
Opportunity Act. Each office is independently owned and
operated.
About the 2016 J.D. Power Home Buyer/Seller Satisfaction
Study
The 2016 Home Buyer/Seller Satisfaction Study
includes 5,837 evaluations from 4,760 customers who bought and/or
sold a home between March 2015 and
April 2016. The study was fielded
from February through April 2016. For
more information about J.D. Power solutions for the home
improvement industry, visit
http://www.jdpower.com/industry/home-improvement.
Headquartered in Westlake Village,
Calif., J.D. Power is a global marketing information
services company providing performance improvement, social media
and customer satisfaction insights and solutions. The company's
quality and satisfaction measurements are based on responses from
millions of consumers annually. J.D. Power has offices in
North/South America, Europe and Asia
Pacific. For more information on car reviews and ratings,
car insurance, health insurance, cell phone ratings, and more,
please visit ratings.jdpower.com. J.D. Power is a business unit of
McGraw Hill Financial.
Contact:
Peter Mosca
Century 21 Real Estate LLC
Phone: 973.407.5180
Email: peter.mosca@century21.com
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SOURCE Century 21 Real Estate LLC