RE/MAX Reports Franchise Sales Rose 15% in First Half of 2011; Northern Illinois Network Adds 4 Franchisees
Even though the housing market is still searching for solid footing, global real estate franchisor RE/MAX continues to add new franchisees to its network.
Chicago, IL, September 01, 2011 --(PR.com)-- RE/MAX, LLC, announced recently that franchise sales during the first half of 2011 totaled more than 300, up nearly 15 percent, a mark that looks to outpace last year’s franchise sales total, which was an impressive 30 percent higher than in 2009.
“RE/MAX is proud to be number one in our industry, and we understand that this is what motivates a business owner to join us,” said RE/MAX Chairman and Co-Founder Dave Liniger. “For over 38 years, RE/MAX has succeeded in all kinds of markets, but it’s especially true today that franchise owners prefer to align with a high quality organization that has a proven track record.”
RE/MAX franchise sales in the United States were up 114 percent from the same period in 2010, with Florida (+225 percent) and Northern California (+125 percent) leading the way. RE/MAX global franchise sales are also up, with Brazil out front, experiencing growth of 133 percent in the first half of 2011.
In the Northern Illinois region, RE/MAX added four new franchises during the first six months of 2011. The new offices are located in Chicago, Orland Park, Ottawa and Rockford.
“Three of the four franchise sales this year involved successful independent brokerages converting to the RE/MAX brand,” said Laura Ortoleva, spokesperson for the RE/MAX Northern Illinois real estate network. “This is an excellent climate for conversions because the educational resources, brand-name awareness and referral network a big brand like RE/MAX can offer an independent are extremely relevant and attractive in these market conditions.”
The franchise sales announcement comes on the heels of the 2011 J.D. Power and Associates Home Buyer/Seller Study, which ranked RE/MAX with the highest overall satisfaction for home sellers and home buyers among national full-service real estate firms.
Add that to two national industry surveys that ranked RE/MAX agent productivity far above all other national franchise agents and it’s not difficult to see why so many new RE/MAX franchises have opened their doors so far in 2011.
RE/MAX has been the leader in the northern Illinois real estate market since 1989. The RE/MAX Northern Illinois network consists of 2,300 sales associates and 110 individually owned and operated RE/MAX offices that provide a full range of brokerage services throughout the northern one-third of Illinois. Its www.illinoisproperty.com and www.remax.com websites are leaders in consumer visits among real estate franchise brands. Its mobile search, m.illinoisproperty.com, allows users to conduct real estate searches on any mobile device with Internet access. The northern Illinois network is part of RE/MAX LLC, a global real estate organization with 90,000 sales associates in 84 nations.
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“RE/MAX is proud to be number one in our industry, and we understand that this is what motivates a business owner to join us,” said RE/MAX Chairman and Co-Founder Dave Liniger. “For over 38 years, RE/MAX has succeeded in all kinds of markets, but it’s especially true today that franchise owners prefer to align with a high quality organization that has a proven track record.”
RE/MAX franchise sales in the United States were up 114 percent from the same period in 2010, with Florida (+225 percent) and Northern California (+125 percent) leading the way. RE/MAX global franchise sales are also up, with Brazil out front, experiencing growth of 133 percent in the first half of 2011.
In the Northern Illinois region, RE/MAX added four new franchises during the first six months of 2011. The new offices are located in Chicago, Orland Park, Ottawa and Rockford.
“Three of the four franchise sales this year involved successful independent brokerages converting to the RE/MAX brand,” said Laura Ortoleva, spokesperson for the RE/MAX Northern Illinois real estate network. “This is an excellent climate for conversions because the educational resources, brand-name awareness and referral network a big brand like RE/MAX can offer an independent are extremely relevant and attractive in these market conditions.”
The franchise sales announcement comes on the heels of the 2011 J.D. Power and Associates Home Buyer/Seller Study, which ranked RE/MAX with the highest overall satisfaction for home sellers and home buyers among national full-service real estate firms.
Add that to two national industry surveys that ranked RE/MAX agent productivity far above all other national franchise agents and it’s not difficult to see why so many new RE/MAX franchises have opened their doors so far in 2011.
RE/MAX has been the leader in the northern Illinois real estate market since 1989. The RE/MAX Northern Illinois network consists of 2,300 sales associates and 110 individually owned and operated RE/MAX offices that provide a full range of brokerage services throughout the northern one-third of Illinois. Its www.illinoisproperty.com and www.remax.com websites are leaders in consumer visits among real estate franchise brands. Its mobile search, m.illinoisproperty.com, allows users to conduct real estate searches on any mobile device with Internet access. The northern Illinois network is part of RE/MAX LLC, a global real estate organization with 90,000 sales associates in 84 nations.
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Contact
RE/MAX Northern Illinois
Laura Ortoleva
847 428 4200
www.illinoisproperty.com
Laura Ortoleva
847 428 4200
www.illinoisproperty.com
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