So you ask what about RE/MAX?
It all began as a dream and a plan on a pad of paper. Dave Liniger had a controversial idea to build a real estate powerhouse. He envisioned it where experienced, productive agents would keep more of their commissions and enjoy the freedom to run their business as they saw fit.
About RE/MAX – The Leader in Real Estate
Liniger had experienced the maximum-commission model himself. He realized it would appeal to full-time, serious professionals who would rather contribute collectively to office expenses than settle for a traditional commission split.
Combining the model with robust marketing and other agent services for the first time was a revolutionary genius. It absolutely changed the real estate landscape forever.
The Beginnings
Along with Gail Main (who later became Gail Liniger), Dave founded RE/MAX in Denver, Colo., in January 1973. Naysayers and critics were everywhere, but Dave, Gail, and their core group – people like Bob Fisher and Daryl Jesperson – proved them all wrong.
They built the foundation of the network on hard work, belief, and resolve. And big things began to happen. In 1975, the network expanded outside Colorado, when Dennis Curtin purchased a franchise in Kansas City.
Two years later, it went international, with the first Canadian brokerage in Calgary, Alberta. In 1978, the RE/MAX Hot Air Balloon made its maiden flight at the Albuquerque Balloon Fiesta, in a promotion conceived by the Regional Director in New Mexico.
A year later, the balloon became the network’s official logo; a global brand was born.
Steady Growth
Throughout the 1980s and ’90s, the RE/MAX agent count grew every single month, as it had since 1973. Agent count hit milestones along the way: the 5,000 mark in 1984, the 10,000 mark in 1986, the 25,000 mark in 1989 and the 50,000 mark in 1998.
Market share grew as well, and RE/MAX became No. 1 in many major markets across North America. In Canada, RE/MAX became No. 1 nationally in 1987, a position it has held ever since.
In the U.S., RE/MAX closed more than 1 million transaction sides in 1997, becoming the first real estate brand ever to reach that level of annual production. The accomplishment cemented the slogan that “Nobody in the world sells more real estate than RE/MAX.”
More About RE/MAX
Growth and success weren’t limited to North America. International expansion exploded in the 1990s, with the 1995 launch of RE/MAX Europe and regional operations in Spain, Italy, Germany, and Israel. RE/MAX of Southern Africa debuted as well, marking the network’s first move onto the continent.
Successful regions in the Caribbean, Australia, and elsewhere spread the brand even further. In 1994, the RE/MAX Satellite Network – the first and only satellite training system of its kind in real estate – debuted at the National Association of Realtors Convention. This offered RE/MAX agents a wide variety of professional designation courses It allowed for unmatched access to the industry’s best trainers.
Many other major developments – the sponsorship of Children’s Miracle Network, the launch of remax.com, the first national U.S. TV ad campaign, and others had roots in the 1990s. They are still valuable cornerstones of the RE/MAX advantage.
The Leadership
More progress came in the early 2000s. The network launched a luxury-homes division and RSN evolved into RE/MAX University. The pace of international growth quickened, especially in South America.
Unfortunately, the U.S. housing collapse and global economic crisis that began in 2007 took the real estate industry into its most challenging period in decades.
Not surprisingly, Dave Liniger and other RE/MAX leaders aggressively sought solutions. The focus that emerged: solutions to help families avoid foreclosure.
Liniger and the others worked tirelessly to advocate for a streamlined short-sale process that would remove frustrating obstacles and delays. They worked with major lenders, met with top government officials, and helped train agents.
The result: RE/MAX created the industry’s largest sales force of educated, knowledgeable real estate agents. These agents are able to assist struggling families in a distressed property situation.
About RE/MAX – A Bright Present and Future
Today, the RE/MAX network has more than 100,000 agents in over 100 countries and territories. RE/MAX China is among the newest regions, and it will take RE/MAX into an exciting new frontier.
The global.remax.com property search site has helped connect this powerhouse network even more closely. It offers buyers a central place to search for listings in dozens of countries, in their own language and currency. For many reasons, RE/MAX is viewed as the No. 1 brand in real estate.
Whether measured by closed transaction sides, average agent productivity (as documented in several annual industry studies), brand name awareness, education, experience or an assortment of other key metrics, RE/MAX enjoys a top position in a very competitive real estate landscape.
RE/MAX In 2024
Today every 30 seconds, a RE/MAX agent helps someone find their perfect place. And they are the most trusted agents in the industry.
If you’re looking for in-market broker/owner support, a reputable brand, educational resources, a vast referral database, and user-friendly tools, you’re in luck! When it comes to developing your personal brand, the possibilities are endless. You can join our residential, commercial, and luxury real estate networks, each with well-established track records of delivering success.
For over 50 years, the RE/MAX network has assisted agents in navigating various market conditions. Whether facing a recession, low inventory, or a global pandemic, RE/MAX agents worldwide continue to assist and represent buyers and sellers without fail.
RE/MAX agents are dedicated to their profession – and have outstanding stats to prove it.
Publicly Traded Company
RE/MAX is a publicly traded company. Their stock is listed on the New York Stock Exchange under the ticker symbol RMAX. Investors can buy and sell shares of RE/MAX through the stock market like other publicly traded companies.
RE/MAX’s status as a publicly traded company means that they have shares available for purchase by the general public, allowing investors to have a stake in the company’s performance and financial success.
Our 6 Local RE/MAX Offices in Rhode Island
Agents at the RE/MAX Northern Rhode Island offices will often say they feel like family at their office. Broker-Owner Richard Zompa and his wife and office manager treat everyone there just like family.
If you want to join RE/MAX in Rhode Island contact Richard today for a private consultation. You will not be disappointed as they offer a mentoring program with their top agents and staff.
Broker-Owner Richard Zompa has been in the real estate business for over 39 years. He owns and manages 6 office branches in Rhode Island. These local real estate offices are:
- North Providence Office
- Cumberland Office
- Smithfield Office
- North Smithfield-The Stearns McGee Team Branch Office
- Pawtucket – The Gary Almeida Group Branch Office
- Pawtucket – The Mercurio Group Branch Office
These 6 local RE/MAX offices provide assistance to all of the 100+ plus agents with a support team. They also offer great technology to help agents achieve their goals!
Contact Richard today to become one of his team. If you talk to any of Richard’s team today they will say his team is just like family.
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