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Thailand Company Expands Franchises to Housing Services Firms.

Bangkok Post (Bangkok, Thailand)

| February 01, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Darana Chudasri

Feb. 1--With demand for pre-owned houses projected to recover by 20 percent this year, the property brokerage ERA Franchise Systems (Thailand) has shifted its focus to companies offering housing services a chance to become franchise members, according to president Cosintr Comain.

The company's earlier focus had been on selling franchise memberships to retail customers. Currently, it has 15 retail franchisees and hopes to double the number by year-end. SC Asset Group, a real-estate arm of Shin Corporation, has a 40 percent stake in the company.

"The main factors that support continuous growth in demand for pre-owned ...

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