Received value from this site? +1 this page to help others find it as well.

 
 
 
RE/MAX joins the exclusive ranks of the most successful franchise chains in the world after being named to the 2009 Franchise Times Top 200. RE/MAX makes its debut on the list in the No. 12 position, in front of all other real estate competitors and in the company of top franchises such as McDonalds, 7-Eleven and Marriott Hotels.  
 
The Franchise Times Top 200 is an annual financial snapshot of the 200 most successful U.S.-based franchise companies as measured by worldwide sales. The complete list of honorees appears in the October issue of Franchise Times.
 
"The RE/MAX Network continues to grow because we offer so much value to our franchise owners," says Margaret Kelly, CEO of RE/MAX International. "Global brand recognition, the industry's most extensive educational resources, and all the support our offices need to be productive and successful. We like to tell our owners that 'at RE/MAX, you're in business for yourself, but not by yourself.'"

Since the beginning of 2009, nine countries have joined the network, and RE/MAX International has sold nearly 400 franchises worldwide. There's a presence in over 70 countries, more than any other real estate network.  

The Franchise Times honor is the second time this year that RE/MAX has been recognized by the franchise community. In January, RE/MAX was the highest-ranked real estate franchise in Entrepreneur Magazine's 30th Annual Ã’Franchise 500 Survey," a tribute the company has received in nine out of the last ten years.

RE/MAX has also been recognized as one of the "Top 25 Franchise Opportunities" by Hispanic Enterprise, and one of the "Top 50 Franchises for Minorities" by the National Minority Franchising Initiative.

And in 2009, for the third year in a row, RE/MAX was ranked on the list of America's "Top 10 Military Spouse-Friendly Employers," according to Military Spouse Magazine.

Post CommentComments: 0Read Full Story

5 January, 2010- As we look back at the real estate market in 2009 I can say that it was a better than expected year for real estate.  As we ended 2008 the market had cooled off from earlier in the year and the pundits were doing media interviews that the "big crash" was coming and the market was going to see a reduction in activity and pricing through till the end of 2009 or beginning of 2010.  I am glad to say that they were wrong.

 

The Inventory...

The market saw high levels of inventory at the start of 2009 and a small number of transactions.  In December 2008 only 599 homes sold. As we went through the first quarter, we saw the activity levels start rising and peak in June. Activity peaked in June with 2654 homes sold - up 3.8% from the same month in 2008. Essentially, after the first quarter every month saw a positive increase in transactions compared to the same month in 2008.

 

Market Activity...

As the inventory levels started trending down in the second quarter more and more reports of multiple offers occurred.  In 2009, July saw the most homes sell over list price with just over 13% of listings selling for more than 100% of list price.  This was great improvement from the low seen in December 2008 of 5.2%.  When inventory goes down and market activity raises another indicator of market strength is the sold price-to-list price ratio.  With all the activity in June and July, the sold-to-list ratio peaked at just over 96.80%.  This compares to 94.85 in December 2008.  This means that a home listed at $350,000 would essentially sell for 1.95% or $6,825 more in July '09 than December '08.

 

Pricing turned the corner as well in late 2009.  In September we saw the median price rise above the same 2008 month prices.  All in all the average price of homes and condos in Edmonton alone was lower in 2009 ($321,972) than in 2008 ($334,753) for all homes sold that year. 2009 December average sale price for homes only in Edmonton was $318,513.

 

RE/MAX Associates still number one!

RE/MAX Associates in Edmonton continue to excel and were the number one choice of Consumers in the area.  RE/MAX Associates account for 42.8% of the transactions recorded by the MLS system in 2009 - an increase from 2008.  In second, Realty Executives accounted for almost one-third the transactions of RE/MAX at 16.14%.  The other real estate franchises (Royal Lepage, Century 21, Coldwell Banker, and Sutton) accounted for a combined 23.26% of all homes listed or sold in 2009.

 

Now for my forecast...

As I look at where we have come and all the indicators that I've talked about, I see 2010 to be a very strong market through to the end of the year.  We will definitely see an increase in mortgage rates in the first quarter, but not enough of an increase to have a substantial effect on activity.  The feds have also thrown out rumours that they may increase minimum down payment requirements and/or reduce amortization periods.  Based on the nation real estate market activity, I don't see this happening as the country, as a whole, is quite stable at this time, and they do not want to risk any actions that may hinder the economic recovery.

 

My forecast for the market activity sits at a 7-8% increase in the number of transactions and a 4.5-5.5% increase in the average price of homes.

 

Well, I wish you a healthy and prosperous 2010 and please continue to visit our blog for regular market updates and industry news.

 

Shami

Post CommentComments: 0Read Full Story
Canada's Favorite Agents at RE/MAX River City

Contact the Broker at 780-439-7000

Old Strathcona Office:780-439-7000
South Office:780-485-5005
Toll Free:1-800-265-9518
Fax:780-439-7248
Old Strathcona
#100, 10328-81 Avenue
Edmonton, AB
T6E 1X2 Cananda
 

.

The content of this site is the responsibility of the owner of becomeanagent.ca
This site is created and hosted by myRealPage.com
Site design is Copyright 2008 myRealPage.com Inc. All rights reserved.