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REALTY WORLD ORGANIZATION EXPANDS TO ISRAEL

 SEAL BEACH, Calif., Nov. 11 /PRNewswire/ -- The REALTY WORLD(R) organization will become the first real estate franchise in North America with a network of offices in Israel.
 On Nov. 3, the Anglo-Saxon Real Estate Agency (Israel) Ltd., with 35 operating franchise offices throughout Israel will become part of the REALTY WORLD international network when the organizations sign an agreement at a ceremony in New York City.
 Established 16 years ago, the Anglo-Saxon Real Estate Agency (Israel) Ltd., recently acquired by the Africa Israel Investments, Ltd., has purchased the REALTY WORLD master franchise rites for Israel and its occupied territories. Africa Israel Investments Ltd. is controlled by the second largest banking corporation in Israel, Bank Leumi. The organization expects to have 50 operating franchises by 1995.
 In announcing the new relationship, Blair Jackson, president of Realty World International, said: "The Anglo-Saxon Real Estate Agency (Israel) Ltd. will now have access to REALTY WORLD organization's considerable marketing expertise and its outstanding training programs. Soon, there will be a system in place to handle residential and investment property purchases in Israel by working directly with REALTY WORLD offices in America."
 "The Israeli group is a major addition to the growing REALTY WORLD network throughout the world," said Yvonne M. Corrigan-Carr, executive vice president of Realty World Corporation. "The addition of Israel follows closely on the heels of the REALTY WORLD System's expansion to Mexico, announced only three weeks ago."
 The REALTY WORLD System is one of the largest real estate franchise organizations in North America with independently owned and operated offices throughout the United States, Canada and Mexico.
 -0- 11/11/93
 /CONTACT: Jane Tierney of Realty World, 703-760-0880/


CO: Realty World Corporation ST: California IN: CST SU:

KD-IH -- DC013 -- 3292 11/11/93 14:14 EST
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Publication:PR Newswire
Date:Nov 11, 1993
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