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Here's what my wife and I are doing. We own a very small semi-rural market. In 2006, our market area sold over 1100 home averaging nearly $300,000. In 2010, our area sold just a few more than 600 homes with a low $200's average.
We just invested several thousand dollars in new tools, training, and technologies to support and regrow our office. Most people would have folded, but because of our faith in Remax, we are going for broke.
Tom, are you saying the changes are good or bad ? I'm outside the loop of RM but have a lot of respect for our local offices with good agents & good training. I have noticed over the last 5 years an exodus of some of their agents which is probably a normal occurrence for any broker.
The cost of doing business is not cheap nowadays, everyone is under money pressures to keep their doors open.
Rakin, I don't in any way mean to insult anyone on this forum, but with the evidence reported this week, I wonder about the career-life expectancy of the independent and even most franchised affiliates.
The game has changed once again. There is no excuse for a RE/MAX agent not to thrive.
Tom, are you saying the changes are good or bad ? I'm outside the loop of RM but have a lot of respect for our local offices with good agents & good training. I have noticed over the last 5 years an exodus of some of their agents which is probably a normal occurrence for any broker.
The cost of doing business is not cheap nowadays, everyone is under money pressures to keep their doors open.
Rakin, I don't in any way mean to insult anyone on this forum, but with the evidence reported this week, I wonder about the career-life expectancy of the independent and even most franchised affiliates.
The game has changed once again. There is no excuse for a RE/MAX agent not to thrive.
Do tell about all your new goodies... I promise to drool and be jealous. I love RE/MAX's website in my mind it's the gold standard.
You haven't seen nut'n yet! Those of us attending the RE/MAX convention have seen many new and/or web sites, alliances with banks, Internet real estate sites such a s Trullia, Zillow, Realtor.com, and the list just keeps growing.
In my market the Re/Max offices are closing or consolidating.
Yelp, but Remax had a net gain in offices in the US in 2010. Any good and free business model flexes and bends, surges and retreats. The owner of C21, CB, and ERA is $6.7 in arrears and most business models have a very poor prognosis. KW has just announced that it is now the second largest firm based on agent count in the US, but it's agents are way behind Remax and CB in productivity on both a transaction count and gross commission income.
We must quit attacking each other with half truths and out right misrepresentations.
Rakin, I don't in any way mean to insult anyone on this forum, but with the evidence reported this week, I wonder about the career-life expectancy of the independent and even most franchised affiliates.
The game has changed once again. There is no excuse for a RE/MAX agent not to thrive.
I don't read all the posts but never seen you attack. Personally i have respect for many agents and brokers, I do wish many agents were better trained.
I used to work for Marcus and Millichap and they had some beautiful tools. Unfortunately they were sooo big that the vast majority of their efforts were wasted on designing products and technology that were scalable for the masses.... then training the masses.... then delivery and install - all daunting tasks. THEN half the agents viewed all of the hubbub as an annoyance and weren't willing to embrace it anyway. I think where technology is concerned it is easier to be small, independent and nimble. My chair has wheels after all... if someone needs help I just roll on over.
Rakin, I don't in any way mean to insult anyone on this forum, but with the evidence reported this week, I wonder about the career-life expectancy of the independent and even most franchised affiliates.
The game has changed once again. There is no excuse for a RE/MAX agent not to thrive.
But if they are closing and/or consolidating isn't that a bad sign?
Yelp, but Remax had a net gain in offices in the US in 2010. Any good and free business model flexes and bends, surges and retreats. The owner of C21, CB, and ERA is $6.7 in arrears and most business models have a very poor prognosis. KW has just announced that it is now the second largest firm based on agent count in the US, but it's agents are way behind Remax and CB in productivity on both a transaction count and gross commission income.
We must quit attacking each other with half truths and out right misrepresentations.
For the record the Realogy brands may show 6.7 in the red but as I understand it they also lumped a lot of non performing assets into that group. The companies themselves when separated from the mire are fine.
My ERA franchise is expanding and gaining market share. We are one of the top 50 brokerages for ERA. Our RELO department is gaining accounts, our REO department is managing millions in assets....
I was with RM for 9 years. It was a good 9 years. I left even as I was helping with the leadstreet product.
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