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First American Extends Support To Real Estate Professionals Through Strategic Alliance With The Real
ALLIANCE PROMOTES ONGOING GROWTH AND CONTINUED EDUCATION IN REAL ESTATE INDUSTRY
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SANTA ANA, CA., Sept. 29, 2005 - First American Residential Group, Inc., - a
member of The First American Corporation (NYSE: FAF) family of companies,
announced today that it has entered into a strategic alliance with The RealtyU® Group,
the nation’s largest network of real estate schools, with more than
200 locations in 40 states. Under the arrangement, First American will market
the RealtyU companies and work with the group to develop education and training
offerings for real estate professionals. RealtyU students will also learn
about and have access to the various products and services First American
offers the residential real estate industry, including title insurance and
settlement services, transaction management, and more.
“
Education is the cornerstone of growth and progress in our industry,” said
Stephen C. Roney, president and chief executive officer of First American Residential
Group. “With the real estate business in the midst of significant change
and restructuring, education has not only increased in importance but also plays
a critical role in preparing both existing and new real estate professionals
for the ever-changing future. Our alliance with RealtyU supports this ongoing
effort.” , Collectively, the RealtyU Group of companies last year taught
more than 305,000 real estate professionals in classroom settings and 32,000
real estate professionals through online courses, offering a variety of 500 different
courses, including licensing, continuing education, designations and skills-based
training. Through its real estate mentoring subsidiary iSucceed Inc., RealtyU
also guides thousands of real estate professionals every year to profitability
by providing access to its unparalleled repository of knowledge, tips, tools
and shortcuts.
“
Both companies are deeply rooted in helping brokers and agents,” said Stefan
Swanepoel, chief executive officer of The RealtyU Group. “While First American
specializes in providing real estate data and technology, RealtyU focuses on
education. Both companies provide information to help successful real estate
professionals operate effectively. The synergies between the two companies are
abundant and we are impressed with First American’s solid commitment to
supporting the real estate industry.”
“
The real estate industry is going through significant change, and with all the
new business models available today, education is more important than ever before,” said
Bill Shue, president of the RealtyU Group. “Many large brokers recommend
our services and educational tools to their agents as a supplement to the in-house
training they already provide. Involvement in real estate is no longer a second
default career, but is increasingly becoming a first career choice for young,
well qualified people.”
About First American Residential Group
The First American Residential Group provides service, product solutions, outsourcing
and technology to members of the real estate and relocation industries. The company
offers integrated solutions to real estate brokers and agents, and the associations
and MLSs that serve them. First American Residential Group systems streamline
the listing, financing and closing processes and lead to increased efficiency
and profitability. Additionally, First American Residential Group is responsible
for MarketLinx, the nation’s leading provider of MLS services; and Relocation
Advantage and Certified Closing Network (CCN), leading providers of closing management
services to relocation companies. First American Residential Group’s product,
outsourcing and technology solutions have been built specifically to meet today’s
real estate management needs. For more information, visit: www.firstam.com/residential .
About The First American Corporation
The The First American Corporation (NYSE: FAF), a Fortune 500 company that traces
its history to 1889, is the nation’s largest data provider. First American
combines advanced analytics with its vast data resources to supply businesses
and consumers with valuable information products to support the major economic
events of people’s lives, such as getting a job, renting an apartment,
buying a car or house, securing a mortgage, and opening or buying a business.
The First American Family of Companies, many of which command leading market
share positions in their respective industries, operate within six primary business
segments including: Title Insurance and Services, Specialty Insurance, Mortgage
Information, Property Information, Credit Information and Screening Information.
With revenues of $6.72 billion in 2004, First American has approximately 2,000
offices throughout the United States and abroad. More information about the company
and an archive of its press releases can be found at www.firstam.com.
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About The RealtyU® Group
Formed in 1995, RealtyU has developed into the nation’s largest real
estate career development corporation for real estate brokers and agents. The
Group has numerous investments in the real estate education and real estate
training arena, including RealtyU, Inc., iSucceed, Inc., Real Estate Professionals
Society, CourseDates, Seller Agency Council and Broker Agent Speakers Bureau,
Inc. With over 200 campuses, 18 websites and online educational services and
over 337,000 agents trained in 2004, the RealtyU® Group of companies educates
approximately one out of every four REALTORS® every year. For more information,
visit www.RealtyU.com.
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| Swanepoel Trends Newsletter |
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The real estate market has changed. Lenders have tightened their belts and now it’s much harder for people to get a loan to buy a home. Not to mention the fact that more and more people who bought in the last 5 years are now getting into financial hardship and need help. Are you empowered and knowledgeable about this large market and how to serve it?
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