Chris Stuart Named Executive Vice President and Managing Director of Intero Franchise Services

Chris Stuart, Key Contributor to Intero’s Franchise Operations, Is Promoted Cupertino, California – August 27, 2012 – In the past two and a half years, Intero Franchise Services, a company affiliated with Intero Real Estate Services, Inc. (“Intero”), has experienced significant expansion with the addition of 25 offices that account for nearly $500 million in annual sales volume.  A key contributor to Intero's Franchise growth during this period is Chris Stuart.  Mr. Stuart has had the primary responsibility of selling the Intero Franchise brand offering and has fulfilled duties in the servicing of new franchise offices as well. Today, Intero proudly announces the promotion of Chris Stuart to Executive Vice President and Managing Director of Intero Franchise Services worldwide.  “I genuinely believe in Intero’s leadership, core values, and the value propositions given to the franchises,” said Mr. Stuart, “and with this position, I am excited to continue to focus on Intero’s Franchise division and expansion at an accelerated rate.”

Previous to joining Intero, Mr. Stuart served on the founding executive team of a mortgage banking organization where he primarily built and managed a 200 person sales team spanning a six-state market that produced revenues of $80 million annually.  Prior to that, he held senior-level sales positions where he was responsible for all aspects of sales and account management for a variety of Fortune 500 companies.  As the Vice President of Intero Franchise Services, Mr. Stuart was responsible for the growth of Intero’s franchise operations in the United States.  In his new role, Mr. Stuart will focus on refining and enhancing the Intero servicing and support systems leveraged by the Franchisees and continue to expand Intero's Franchise sales efforts.

The collection of 25 new franchise offices opened during Mr. Stuart’s tenure span the greater Southwest territories of California, Nevada and Arizona, and extends east to Texas and Tennessee.  The most recent franchises in California’s Silicon Valley, where Intero is headquartered, include Intero Alum Rock in San Jose and Intero Jacklin Road in Milpitas.  Still more recent is Intero Getty in Sacramento and Intero Franchise Service’s latest addition, Intero Huntington Park in Los Angeles County.  Intero Middle Tennessee, located in the city of Murfreesboro, is notable as the first franchise office east of the Mississippi River, further increasing Intero’s reach across the U.S.  These offices add to the distinguished list of Franchise offices that Intero has proudly supported since 2005.

Gino Blefari, President and CEO of Intero, stated, “We are proud of Chris Stuart, having witnessed the dedication and hard work he has poured into this company.  Given the extraordinary expertise Chris exhibits and the parallels between Intero’s values and his own, we are thrilled to have him promoted and look forward to the continued success he will bring to Intero.”

To connect with Chris Stuart, Executive Vice President and Managing Director of Intero Franchise Services, call him at 916.768.7323 or email Mr. Stuart at cstuart@interorealestate.com.