01 Feb 2013
RE/MAX LLC is marking its 40th year by celebrating extraordinary growth and success at a time when the recovery in the world’s housing market is gaining momentum.
As the real estate industry overcomes market challenges, RE/MAX continues as a leader in market share, agent productivity and international expansion. Co-founded by Dave and Gail Liniger on January 30, 1973, the company has attained countless achievements throughout four decades.
“This company was built on the strength of individual entrepreneurship and innovation. Gail and I recognised in the beginning that we would succeed only if our agents succeeded,” says Dave Liniger, RE/MAX Chairman.
He says so much has changed in 40 years, but what hasn’t changed is their commitment to customer service and dedication to supporting their agents and offices.
RE/MAX was born in a single brokerage office in Denver, based on an innovative agent-centric philosophy that attracted the industry’s top performers. It achieved number one market share in Canada in 1987 and a decade later RE/MAX sold more real estate than any competitor in the United States, and has held number one market share in both countries every year since.
With a strong emphasis on improvement through education, the revolutionary RE/MAX Satellite Network broadcast to offices across America in 1994 with a new standard of agent training. It is also the long-time industry leader in national TV advertising and website visits.
“RE/MAX is a true American success story. Everyone involved at the beginning came from modest backgrounds, and we just worked really hard to make our dream a reality,” says Gail Liniger, RE/MAX Vice Chairman.
In 2012, RE/MAX continued to expand globally, adding 739 new franchises in six new countries, including mainland China. The company now has a presence in more than 85 countries, a number greater than all of its competitors.
Florida led RE/MAX growth in the US with 35 new franchises while California added 33. Internationally, the number of new franchises in South Africa, the fastest growing country, was up 88 percent over 2011, and Turkey increased by 68 percent.
Adrian Goslett, CEO of RE/MAX of Southern Africa, says as the fastest growing region, RE/MAX of Southern Africa really has a lot to celebrate this Founder’s Day. He says this year the South African offices have chosen to mark this by giving back to their local communities in various ways. This will be done through the first initiative of The RE/MAX Foundation, a non-profit charitable organisation that aims to uplift the lives of families and individuals in need, he explains.
Also in 2012, for the tenth time in 14 years, RE/MAX, LLC was recognised as the highest ranking real estate company in Entrepreneur magazine’s 34th annual Franchise 500.
RE/MAX also earned the number one real estate ranking in the Top 200 survey, as published in the October 2012 edition of Franchise Times magazine. The company was also named one of the Top 50 Franchises for Minorities by the National Minority Franchising Initiative through the World Franchising Network.
RE/MAX employees and guests will mark the 40th anniversary with a special event at the Headquarters building, located at 5075 South Syracuse in Denver. And beginning on February 25, thousands of RE/MAX affiliates from around the world will gather at The MGM Grand Hotel and Casino for the annual RE/MAX R4 convention.
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