RE/MAX Northern Illinois Seeks to Add Lake Forest Franchise in Bid to Expand North Shore Presence

Chicago, IL, July 20, 2012 --(PR.com)-- RE/MAX Northern Illinois, the leading residential brokerage organization in the metropolitan Chicago real estate market, has announced its intention to establish a new franchise in Lake Forest, Ill., the elegant North Shore suburb, as part of a strategy to expand its presence in that segment of the Chicago-area market. This presents a prime opportunity for experienced real estate brokers, Realtors® and investors eager to take the next step in their business careers.

Many of the network’s franchise offices are expanding today to keep up with the rebounding residential market. The strength of the RE/MAX network helps attract successful real estate professionals to its offices. The RE/MAX brand, complete with its signature hot-air balloon, remains one of the most recognizable in the real estate business.

RE/MAX intends the new franchise to serve Lake Forest, as well as surrounding communities. Nestled along Chicago’s desirable North Shore, an enclave of wealthy towns on the shores of Lake Michigan, Lake Forest is home to some of the most expensive real estate in the Chicago area and remains one of the strongest residential markets in Northern Illinois.

Lake Forest, which has 19,375 residents according to the most recent United States Census data, accounted for 254 home sales totaling $269 million last year. The median sales price for a Lake Forest home in 2011 was $750,000. Median family income, according to Census data, was slightly more than $200,000 in 2007.

For more information about this franchise opportunity or to apply to be its broker/owner, please contact Jim Merrion at 1-800-501-REMAX or jmerrion@remax.net. All inquiries will be held in the strictest confidence.

RE/MAX has been the leader in the northern Illinois real estate market since 1989. The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,100 sales associates and 110 individually owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services. 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 88,000 sales associates in 90 nations.