November 15, 2016 // Franchising.com // DENVER –The RE/MAX Collection® is hosting its fourth annual Luxury Forum today at the JW Marriott Phoenix Desert Ridge Resort & Spa in Phoenix, Ariz. More than 250 luxury home specialists and agents have gathered to discuss the luxury real estate market and learn how to leverage luxury in their business plans.
“The RE/MAX Collection Luxury Forum is a great opportunity for our brokers and agents to network and share ideas on how to become a leading luxury agent in their market,” said Anne Miller, Director of The RE/MAX Collection. “The annual event is designed for agents of all experience levels who want to learn best practices and take their businesses to the next level.”
Vern Yip, Founder & Interior Designer of Vern Yip Designs is a featured speaker and will share insights on popular design trends of affluent buyers and sellers. Starla West, President and Founder of Starla West International, will share key strategies and tools to enhance visibility and status in local markets. And, Peter Mueller, Founder & CEO of The Profit Centre, will discuss a new app that will help agents set new goals, surpass benchmarks and see what they are worth per hour. He will also highlight some of the benefits of specializing in luxury homes.
“Remember, time is money. Agents who focus on luxury homes are more productive and can significantly increase their worth per hour. Specializing in luxury can help you be more efficient with your time, which is important when building your business,” Mueller said.
In addition to the annual Luxury Forum, The RE/MAX Collection, part of the most productive real estate network*, continually provides agents with the some of the best resources to succeed.
Those tools include:
According to the Institute for Luxury Home Marketing (ILHM), the median price of the 24,532 luxury homes on the market in the U.S. is around $1.5 million. Markets with the highest median price include: New York ($5.3 million), Los Angeles ($3.5 million) and San Francisco ($3.2 million).
The continued success of The RE/MAX Collection has encouraged more agents to sell luxury homes and become Certified Luxury Home Marketing Specialists (CLHMS). Since 2014, the number of RE/MAX agents who have received the esteemed CLHMS designation has increased over 47 percent, and the number of RE/MAX agents with luxury in their profile has grown eight percent.**
*As measured by residential transaction sides
**Based on reported numbers in Q3 2016
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 110,000 agents provide RE/MAX a global reach of over 100 countries and territories. Nobody sells more real estate than RE/MAX when measured by residential transaction sides. RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a wholly-owned subsidiary of RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc. (NYSE:RMAX). With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $150 million for Children’s Miracle Network Hospitals® and other charities. For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit www.remax.com/newsroom.
SOURCE The RE/MAX Network