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Realogy chosen by National Gay & Lesbian Chamber Of Commerce

The National Gay & Lesbian Chamber of Commerce (NGLCC) announced a partnership with Realogy Corporation, the world's largest real estate franchisor. Realogy and its companies — Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sotheby's International Realty, NRT Incorporated, Cartus and Title Resource Group — have been designated the official "real estate choices" of the NGLCC.

As part of the three-year agreement, Realogy and its companies are the Exclusive Program Founders for an unprecedented real estate certification, the LGBT Real Estate Specialist (LGBTRES ). The designation, given only to sales associates and brokers who complete the related training and certification and become members of the NGLCC, signifies expertise in understanding the needs of LGBT (Lesbian Gay Bisexual Transgender) clients and counseling them through the major financial and life changes involved in buying and selling a home.

The LGBT population is third only to African American and Hispanic populations in terms of spending power of a diverse group, with $610 billion in consumer spending power in 2005, expected growth to $641 billion by the end of 2006, and more disposable income than their heterosexual counterparts, according to research by Witeck-Combs Communications.

Realogy joins a highly respected group of companies with representatives on the CAC, including IBM, Wells Fargo, JPMorgan Chase, American Airlines, Intel Corporation, Wyndham Hotels and Resorts, Lehman Brothers, Motorola, Travelport, Merrill Lynch, American Express, Wal-Mart, Cisco Systems, Avis, Orbitz, Intuit, Kodak, Fannie Mae, Millennium Hotels and Resorts, and Kimpton Hotels.



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