Re/max Celebrates Its 40th Anniversary

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14 Jan 2013

This year marks the 40th anniversary of RE/MAX, the leading global real estate brand, which continues to flout industry norms despite the challenging economic climate and housing market over the past few years.

The RE/MAX property group will be celebrating it's 40th anniversary this year on January 30th.

Peter Gilmour, Chairman of RE/MAX of Southern Africa, says that around the world, RE/MAX will commemorate this remarkable achievement on 30 January 2013, the day on which the RE/MAX brand was founded, known by those in the company as Founder’s Day.

From an office that opened in 1973, the brand has experienced every type of market in the real estate realm and has grown and achieved great success despite economic challenges over the years.

Gilmour says RE/MAX is recognised as one of the leading real estate franchise companies in the property industry around the world. “Simply put, nobody in the world sells more real estate than RE/MAX," he says and it is due to the passionate network of real estate professionals working under the brand, who help buyers and sellers in 90 countries.

The RE/MAX of Southern Africa group intends to celebrate the occasion by launching The RE/MAX Foundation, a non-profit charitable organisation aiming to uplift the lives of families and individuals in need.

During 2012, the brand expanded internationally into five countries, so it is no surprise that it was named the number one real estate franchise in the USA in the annual Franchise 500 survey appearing in the Entrepreneur magazine. USA magazine Franchise Times has also named RE/MAX the number one real estate franchise in its annual Top 200 ranking based on worldwide sales and this is the tenth time the brand has earned top honours.

RE/MAX offers its affiliates a worldwide referral network of 90 000 agents across the globe, giving it the largest international presence of any real estate organisation. Locally the brand has enjoyed success since the original franchise rights for RE/MAX of Southern African were purchased by Peter and Val Gilmour, together with their partners in 1994.

RE/MAX of Southern Africa was ranked as South Africa’s Franchisor of the Year for all categories by FASA in 2003 and has grown to be the largest real estate franchisor in the sub continent. Today, it is regarded as the pioneer of the international expansion as it was the first country franchise to be sold outside of North America.

Gilmour says RE/MAX of Southern Africa remains one of the top three performing regions in the world, and 30 new franchises opened in the Southern African region last year. This includes South Africa, Namibia, Botswana, Mozambique, Zimbabwe, Zambia, Angola, Lesotho, Swaziland, Mauritius and the Seychelles. “This brings the RE/MAX of Southern Africa network to over 170 offices and 1 800 agents.”

With a passion for the communities RE/MAX has, over the past 40 years, taken the opportunity to celebrate Founder’s Day by giving back to local communities in various ways. Gilmour says globally, RE/MAX is proud to have raised more than $120 million for Children’s Miracle Network Hospitals, Komen for the Cure, Reach for a Dream and other charities.

Locally RE/MAX of Southern Africa has donated in excess of R7 million in the past seven years to charitable causes. While offices around the world mark Founder’s Day with a number of events and celebrations, RE/MAX of Southern Africa will celebrate by launching the first initiative of The RE/MAX Foundation, a non-profit charitable organisation aiming to uplift the lives of families and individuals in need.

“RE/MAX looks forward to another 40 years of giving back to the communities in which it operates and assisting buyers and sellers in the most important investment decision they may ever make,” Gilmour says.

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