ERA in Portugal for another 25 years – idealist / news
AN WAS will continue on Portugal per 25 more years, with the contract for the renewal of the ERA Portugal franchise being signed during the 17th Annual Convention of the mediator, which took place on 22 and 23 October, at the Altice Arena, in Lisbon, and brought together almost 2000 employees and partners of the mediator. The company’s business is, moreover, running smoothly, even in times of pandemic, having 8,738 properties sold in the first nine months of the year, with a total value of about 1.2 billion euros. This is an increase of 33.5% compared to the same period last year.
“The month of September represents a total turnover of 7.6 million euros. ERA’s best billing month since 2019. The average price of properties sold was 148,830 euros and the invoicing value stood at 60 million euros in real estate brokerage commissions, which translates into an increase of 27.5% compared to the same period in 2020″ , says ERA, in a statement.
Cited in the note, Rui Torgal, CEO of ERA Portugal, highlights “the effort, dedication and professionalism” of the company’s professionals, “specifically after the atypical phase” experienced “in the last year and a half”.
“That’s why our Convention this year had a special flavor, as it celebrated the fact that we have overcome difficulties never felt before and worked to maintain ERA as a benchmark in the Portuguese real estate market. The Convention was and will always be the stage for us to thank our employees and partners for their commitment to ERA, essential for us to continue leading the sector”, he adds.
On the renewal of ERA Portugal’s master franchise for another 25 years in the national territory, Rui Torgal recalls that “being in a leadership position” serves as a motivation for “the don’t stop growing and continue to be pioneers, bet on innovation and prepare the next generation of leaders”. “The projects and campaigns that we presented will certainly position the ERA brand as an ever-growing reference in the sector – and not only”, he concludes.