ERA Franchise System, Inc
In 1971, Jim Jackson founded the company that was originally called Electronic Realy Associates, with the vision to utilize the latest technology - later the fax machine - to provide the highest quality service. Since then, ERA Real Estate has continued its innovator role. In 1973, ERA Real Estate offered the first national home guarantee program.
A few years later, the company introduced the ERA® Sellers Security® Plan, a unique program that offers quality sellers a specific price and date of sale. Today, ERA Real Estate continues to be a pioneer in the industry by leveraging the power of the internet to offer sales associates unique offers and consumer. ERA has an international network of more than 2250 offices with 39,000 Member Brokers and Marketing Associates in 32 countries.
ERA ASIA Pacific Region
ERA Asia Pacific Region is headquartered in Singapore and was formed in 1992. In September 2017, APAC Realy (the parent company of ERA Asia Pacific), was successfully listed on the Singapore Stock Exchange (SGX CLN).
Currently, the Asia Pacific Region covers 13 countries (including countries that are being pioneered) including: Cambodia, China, Indonesia, Japan, Malaysia, Myanmar, South Korea, the Philippines, Papua New Guinea, Singapore, Taiwan, Thailand, and Brunei.
Become the Best Franchise Operator in the Real Estate Brokerage Industry.
To improve Agent Professionalism and Profitability of each ERA Office by providing potential training and the best service.
The Company applies the principles of Good Corporate Governance (GCG) as regulated by the OJK and IDX in implementing the GCG Principles in order to safeguard the interests of stakeholders and increase value for shareholders, in accordance with IDX and OJK regulations. In connection with the application of these principles, the Company has a Corporate Secretary, Internal Audit Unit, Audit Committee, and has appointed an Independent Commissioner. The Company has also agreed that the Company's nomination and remuneration functions are carried out by the Company's Board of Commissioners.
In all its activities, the Company always refers to the following GCG principles :
- Increase the value of holding the GMS.
- Improve the quality of the Company's communication with shareholders or investors.
- Strengthening the membership and composition of the Board of Commissioners and Board of Directors.
- Improving aspects of corporate governance through stakeholder participation.
- Improve the implementation of information disclosure.
A BRIEF HISTORY
The Company is a limited liability company which is legally established and operated according to and based on the provisions of the laws and regulations of the Republic of Indonesia, especially Law 40/2007.
The Company, domiciled in Central Jakarta, was established under the name PT Era Graharealty based on the Deed of Establishment No. 41 dated July 5, 1991 drawn up before Gde Kertayasa, SH, Notary in Jakarta (“Deed of Establishment of the Company”). The Deed of Establishment of the Company has been approved by the Menkumham through Decree No. 02-5477.HT.01.01.TH.91 dated October 5, 1991, has been registered in the register at the Central Jakarta District Court under No. 2260/1991 dated October 25, 1991, and has been announced in BNRI No. 97 dated December 3, 1991 and TBNRI No. 4574. The articles of association of the Company which are contained in the Deed of Establishment of the Company have been amended several times since its establishment with the latest amendment as stated in the Deed No. 27 dated September 10, 2020.
PT. ERA GRAHAREALTY (known as ERA INDONESIA) is the sole holder of the ERA master franchise for all of Indonesia, officially operating on May 8, 1992. Currently ERA Indonesia already has active Member Broker and Marketing Associates offices spread across major cities in Indonesia: Jakarta, Cibubur, Pontianak, Balikpapan, Solo, Manado, Tegal, Tangerang, Bekasi, Bandung, Malang, Surabaya, Semarang, Denpasar, Pontianak, Makassar, Palembang, Medan, Samarinda, and Yogyakarta.