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Tuesday, December 05, 2006

Latest Coldwell Banker Press Release Coldwell Banker Real Estate Corporation Appoints New Chief Operating Officer

Media Inquiries: David Siroty Julie Kronish
Coldwell Banker Real Estate Corporation MS&L
973-407-7199 212-468-3632-6345
David.Siroty@realogy.com Julie.Kronish@MSLPR.com

SHERRY A. CHRIS NAMED CHIEF OPERATING OFFICER OF COLDWELL BANKER REAL ESTATE CORPORATION

PARSIPPANY, N.J. (Dec. 4, 2006) - Coldwell Banker Real Estate Corporation today named Sherry A. Chris as its chief operating officer. In this position, Chris will direct the company’s operations, education, mortgage and field services programs.

She will also focus on communication between Coldwell Banker corporate headquarters, regional offices and its nearly 4,000-office affiliate network around the world.

Chris, who has more than 25 years of real estate sales, management and executive experience, will begin her role effective today.

She will be based at the Coldwell Banker corporate headquarters in Parsippany, N.J., and report to Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate Corporation.

Sherry is a great addition to the Coldwell Banker brand,” said Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate Corporation.

“She has a dynamic personality, is extremely engaging and, most of all, lives and breathes real estate.

She has served in all aspects of our business and has spent a significant part of her career on the servicing side.
We were especially attracted to her understanding of how technology will shape the industry and profitability of sales associates, managers and broker/owners.”

Chris previously served as the chief operating officer of Prudential California Realty, the eighth largest real estate company in the United States, where she oversaw all financial aspects of the company.

Chris began her career in 1980 at Gould Realty in Ontario, Canada, as a sales associate and later a manager.

She then joined the real estate brokerage operation at Canada Trust, before joining Toronto-based Royal LePage Real Estate Services, Ltd., in 1987.

After 10 years as a branch and area manager, Chris was promoted in 1997 to vice president and regional manager.

She was promoted again two years later to executive vice president network services. Chris held that position until 2003 when she was named president of Real Living Network Services, based in Columbus, Ohio, where she oversaw a 10-state franchising operation.

Well known in the real estate industry, Chris is currently on the advisory board of several prominent organizations including Trulia.com and Google Real Estate.

She has served as chairman of the board of the Realty Alliance and also speaks frequently at prominent industry events.

Chris earned her undergraduate and MBA degrees from the University of Western Ontario.

About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier provider of full-service real estate. In 2006, Franchise Times magazine’s prestigious Top 200 issue ranked the Coldwell Banker system number one in real estate for the seventh straight year and number eight among all franchisors. The Coldwell Banker System has more than 4,000 residential and commercial real estate offices and 127,700 sales associates in 30 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury properties through its Coldwell Banker Previews International® division. It is a pioneer in consumer services with its Coldwell Banker Concierge® Service Program and award-winning Web site, www.coldwellbanker.com. Coldwell Banker Mortgage is one of the largest telephone/web based lenders in the country. Coldwell Banker Real Estate Corporation is a subsidiary of Realogy Corporation (NYSE: H), the world’s largest real estate franchisor. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. Each office is independently owned and operated except for offices owned and operated by NRT Incorporated.

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