Lake Oconee and Lake Sinclair Real Estate

Third Quarter Franchise Sales Show Significant Gains Around the World
(October 2008 Denver, CO) - RE/MAX International Inc., one of the leading real estate brands in the world, announced today that it has added more than 500 new franchises to its global network in the first three quarters of 2008. RE/MAX is represented in 69 countries with over 105,000 Sales Associates and is also aggressively working on expansions in new countries such as Brazil, India, Uruguay, and Egypt.

Notwithstanding the current economic conditions, RE/MAX continues to sell franchises and expand in the U.S. and Canada with over 200 new franchises sold to date. Many of the sales were made to existing offices converting to the RE/MAX Network.

"New franchisees are joining RE/MAX because of our worldwide brand recognition, cost effective training, outstanding web presence and excellent lead generation for agents, free of charge," Said Peter Gilmour, Senior Vice President, Franchise Sales & Brokerage Operations at RE/MAX International. "What sets us apart from our competition is our unique value proposition designed to help Sales Associates and Broker/Owners succeed in the current market."

In the most recent Entrepreneur Franchise 500 survey, RE/MAX is among the Top 10 franchise organizations in four different categories, and has been the highest ranked real estate franchisor for eight of the last ten years.

RE/MAX International expects continued franchise sales success through the end of 2008. For information on joining the RE/MAX organization visit www.remax.com or call 800-525-7452.

WASHINGTON, October 02, 2008

The National Association of Realtors commends the U.S. Senate for passing the Emergency Economic Stabilization Act of 2008. The Senate's bold action will help the country emerge from the current credit crisis and put the economy back on its way to improved financial and housing stability.

"This far-reaching and meaningful legislation would go a long way in helping restore confidence in the nation's financial system," said NAR President Richard F. Gaylord. "Provisions in the bill would directly benefit Main Street by making financing more available.

The legislation would not only help make home mortgages more available, which would help stabilize home sales and prices, but also help families who are trying to secure a car loan or borrow money to send their children to college. It would help protect Americans' retirement savings and small businesses across the country."

The act would require financial institutions to work with lenders and mortgage servicers to find ways to avoid foreclosures. It would also create a Troubled Asset Relief Program to purchase and guarantee the troubled assets from financial institutions that hold mortgages or mortgage-backed securities.

"If done right, the cost of such a plan will possibly be below the figures that have been widely reported,� said NAR Chief Economist Lawrence Yun. "In fact there is a very good chance that taxpayers will reap a positive return on this investment over the long term."

"By unclogging the financial pipeline, liquidity will be greatly improved and mortgages will become more accessible and affordable, allowing families who dream of owning a home to do so and at the same time help current owners keep the home they have," Gaylord said.

"There will not be an economic recovery without a housing recovery, and this ambitious legislation is what our economy needs. We will work hard with the House of Representatives and the administration to ensure a quick and smooth enactment and implementation," said Gaylord.

Copyright NATIONAL ASSOCIATION of REALTORS