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Ten Respected Firms from Throughout the Nation Are Newest GMAC Real Estate Franchisees.

OAK BROOK, Ill. -- From the beaches of South Padre Island in Texas, to the renowned ski resort of Mammoth Lakes, Calif., 10 more respected real estate firms from across the nation have joined the GMAC Real Estate (http://www.gmacrealestate.com) franchise network.

The following firms have joined GMAC Real Estate:

* All Seasons GMAC Real Estate, Eureka Springs, Ark.

* Coastal Properties GMAC Real Estate, South Padre Island, Texas

* elliscountyrealty.com GMAC Real Estate, Midlothian, Texas

* McClean Team GMAC Real Estate, Mammoth Lakes, Calif.

* Mesquite GMAC Real Estate, Mesquite, Nev.

* Morgan Realty Group GMAC Real Estate, Port Clinton, Ohio

* Pacific Union GMAC Real Estate, Palm Springs, Calif.

* Paramount GMAC Real Estate, Aston, Pa.

* Spectrum GMAC Real Estate, Whitehall, Pa.

* The Best Seller GMAC Real Estate, O'Fallon, Mo.

"We're very pleased and proud to welcome these exceptional firms into our growing family at GMAC Real Estate," said Lane Barnett, president and chief executive officer of GMAC Real Estate Franchise Operations. "It's very gratifying to approach the end of the year by adding respected new partners who share our philosophy of Premier Service."

Premier Service[R] is one of the most comprehensive and effective customer-service programs in the real estate industry. Through the program, GMAC Real Estate's sales associates put in writing, up front, the services they will perform.

Following the transaction, GMAC Real Estate agents ask their customers to honestly rate their performance through a survey conducted and tabulated by an independent, third party. Individual survey results provide each sales associate - and the company as a whole - with ongoing feedback and insight for continuous improvement. Through Premier Service, the company has received an unprecedented 94 percent customer satisfaction rating.

About GMAC Real Estate

GMAC Real Estate (http://www.gmacrealestate.com) has more than 1,300 franchised and owned residential real estate offices throughout the United States, Canada, Portugal, and Puerto Rico. GMAC Real Estate is a business unit of GMAC Home Services, LLC a wholly owned subsidiary of Residential Capital, LLC (GMAC ResCap), a leading real estate finance company focused primarily on the residential real estate market in the United States, Canada, Europe and Latin America. For more information about GMAC ResCap, visit http://www.rescapholdings.com. GMAC ResCap is an indirect wholly owned subsidiary of GMAC LLC.
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Publication:Business Wire
Date:Dec 21, 2006
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