SOURCE: Realogy Corporation

Realogy Corporation

March 07, 2012 08:30 ET

Realogy's Global Client Solutions Group Announces National Agreement With Miracle-Ear for Corporate Real Estate Services

PARSIPPANY, NJ--(Marketwire - Mar 7, 2012) - Realogy Corporation, a global provider of real estate and relocation services, today announced that its Global Client Solutions (GCS) group has entered into a three-year agreement to provide integrated corporate real estate services including strategic planning and transaction management to Miracle-Ear®. With more than 60 years of experience, Miracle-Ear has evolved into the nation's No. 1 hearing aid retailer. The company leverages the latest advances in communications technology, including wireless and digital technology, to improve the quality of life for the hearing impaired.

"Miracle-Ear is an ideal client for Global Client Solutions because the company's leadership is looking for unique and innovative ways to address existing challenges in their franchise system," said Vik Bangia, senior vice president of Global Client Solutions LLC. "Our consultative and process-oriented approach, along with Realogy's commercial real estate presence through the Coldwell Banker Commercial® franchise system and the ONCOR International® network, matched up extremely well with the ongoing needs of Miracle-Ear."

Under the agreement, Global Client Solutions will serve as the preferred commercial real estate service provider for Miracle-Ear. The GCS team will work with Miracle-Ear to identify and validate their commercial real estate space needs. The GCS team will also manage all aspects of real estate transactions for Miracle-Ear. This includes any required upfront due diligence, submission of proposals, negotiations, lease documentation and deal close-out activities.

"Out of all the companies we interviewed, the Global Client Solutions team provided more than just the ability to negotiate transactions -- they also offered the value of process development, a clear understanding of our real estate needs, and are a nationwide solution with a local touch," said Diana Beaufils, senior vice president, Miracle-Ear. "We are excited about this partnership and the value it will provide in the future."

About Global Client Solutions
Global Client Solutions LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. As part of Realogy, the Global Client Solutions team leverages the Company's worldwide commercial resources to achieve client goals through a broad range of corporate real estate
services.

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