Century 21 Real Estate LLC, a global real estate brand based in Madison and subsidiary of Realogy Holdings Corp., announced Monday some leadership changes.
Michael Miedler, current chief growth officer, has been named CEO and president. Nick Bailey, current CEO and president, will be stepping down, effective Jan. 11.
“We are grateful for the unique mix of experience and industry insights that Nick brought to Century 21 Real Estate during his leadership,” John Peyton, CEO and president of Realogy Franchise Group LLC. “I would like to thank Nick for his vision and tenacity, which have strongly positioned the CENTURY 21Â brand as well as our brokers and agents for the future.”
Bailey will serve in an advisory capacity until March 1 to ensure a smooth transition, the company said.
“I have had an amazing journey within this industry, and I am so proud of the countless ‘thank yous’ I have received for my focus on growth, technology, C21 Gives and the bold and successful rebrand of the CENTURY 21 brand, which have led to an overall excitement that ultimately helped more real estate professionals realize their potential and families achieve their dreams,” Bailey said. “After much consideration, my wife and I, along with our two little guys, made the decision that Colorado is our home, for not only our young family, but also for work.”
“We are fortunate to have a solid bench of talent within Century 21 Real Estate,” Peyton said. “And so, we didn’t have to look far to find an outstanding leader in Michael, who with his strong focus on growth has the right background and experience to build on the momentum of the CENTURY 21 brand.”
Miedler has more than 20 years of experience in residential and commercial real estate, mostly all with Century 21 Real Estate. Throughout the years, he’s held positions of varying leadership, including senior vice president, chief growth officer and more.
“We are intensely focused on the growth of Century 21 Real Estate,” Miedler said. “The team is ready to kick our efforts into high gear as we continue to fulfill our mission and show industry professionals and consumers the value of C21 brand. I’ve had the opportunity to work with this great brand from different sides of the business, and I’m excited to be taking the lead during such an exciting time in our journey as the power of the CENTURY 21 brand unfolds.”
