RE/MAX Commercial® Reports Exceptional Growth in 2013
April 04, 2014 // Franchising.com // DENVER – RE/MAX Commercial®, part of the world’s most productive real estate network, has become one of the most dynamic names in the commercial sector. The commercial division of RE/MAX reported exceptional growth in annual total sales and lease volume, transaction sides and number of offices in 2013 and was recently ranked one of the top commercial brands on LoopNet.
"Last year saw tremendous growth for our RE/MAX Commercial Practitioners," said Mike Reagan, RE/MAX Senior Vice President, Business Alliances. "Their remarkable achievements are a testament to the dedication, experience and professionalism they continuously demonstrate in the commercial real estate industry. RE/MAX Commercial complements the unsurpassed drive and determination of our practitioners with the brand awareness, training systems and resources they need to succeed."
RE/MAX Commercial experienced an extraordinary 22.8 percent growth in total volume in 2013 when compared with total volume from the previous year. An impressive $8.7 billion in total sales and lease volume was reported last year compared to $7 billion in 2012. It is a continuing trend as RE/MAX Commercial grew its total volume 17.4 percent from 2011 to 2012.
The ongoing success of RE/MAX Commercial also can be seen in its growth of annual transaction sides. RE/MAX Commercial Practitioners were involved in 23,585 transaction sides around the world last year - up 15 percent from the 20,400 transaction sides that were reported in 2012. RE/MAX Commercial transaction sides also grew from 2011 to 2012 with an increase of 8.4 percent.
The number of RE/MAX Commercial offices and divisions around the globe grew from 439 in 2012 to 491 in 45 countries in 2013. According to the Certified Commercial Investment Member Institute (CCIM), RE/MAX has one of the largest contingents of CCIM designees and candidates in the industry. Additionally, four RE/MAX Commercial Practitioners have served as presidents of the CCIM Institute.
With over a quarter of a million commercial properties, remaxcommercial.com features more inventory than any other commercial brokerage network website. It’s a significant feat considering RE/MAX only launched the RE/MAX Commercial website in November 2012. The site continues to position RE/MAX Commercial Practitioners as qualified and reliable sources for buyers, sellers, landlords, tenants, brokers, bankers, municipalities and other potential clients. Remaxcommercial.com also features timely and insightful market reports, global real estate news and valuable lead-generating sourcing for commercial practitioners and an advanced search feature that allows consumers to locate properties based on location and property type.
RE/MAX Commercial recently solidified its place as a leader in commercial real estate by being one of the top 10 commercial brands by number of listings on LoopNet. LoopNet is a leading information services provider that offers a suite of products and services tailored to the commercial real estate industry. It operates the largest and most heavily trafficked online commercial real estate listing service with more than seven million registered members and an average of five million monthly unique visitors.
About RE/MAX Commercial®
RE/MAX Commercial, a division of the Denver-based real estate franchisor RE/MAX LLC, has a global network of commercial practitioners who close billions of dollars in sales and lease volume each year.
RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a subsidiary of RE/MAX Holdings, Inc. (NYSE:RMAX).
Experience, knowledge and training are trademarks of RE/MAX Commercial, and its prominence in this sector of the real estate industry is driven by global brand recognition and high performance in the marketplace.
Please visit www.remaxcommercial.com.