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Upset with the bad name that poorly trained novices and casual part-timers were giving the real estate profession, Dave Liniger in 1973 started a real estate company in Denver that would limit itself to hiring only full-time, experienced professionals. He wanted a company where home buyers and sellers could walk into any office in any market, confident they would receive the level of professional service that a transaction of such magnitude demands. RE/MAX agents most productive A former top agent himself, Liniger set up RE/MAX offices so that agents would equally share expenses of the operation. That meant each agent had to be skilled enough to generate the income needed to pay a set fee every month. Traditionally, office owners required agents to pay the office half their earnings to cover operating expenses. The traditional structure was a great deal for beginners, part-timers and marginal producers. They could go months without selling a house and not be out any of their own dollars. For these agents, the thought of facing a monthly bill for office expenses was terrifying. Only the most experienced, competent and successful agents saw benefits to the RE/MAX system. Success breeds success The RE/MAX approach had a profound impact on the industry, and today there are many imitators. But none has yet been able to match the level of professionalism held by RE/MAX agents. Indeed, both consumers and others in the industry continue to perceive RE/MAX as the ultimate organization with which top real estate professionals affiliate. RE/MAX agents average 12 years of experience, far exceeding the industry average. They also surpass their peers in professional designations - a sign of advanced education in real estate sales and marketing. Continuous growth By 1976 there were 100 agents and by 1977, with 480 agents in the system, RE/MAX gained No. 1 market share in its headquarters city of Denver. That same year, the company expanded into Canada. In 1978, RE/MAX added its 100th office and 1,000th agent - and the hot air balloon became the company's official corporate logo. By 1980, the organization had 3,000 agents. No. 1 in Canada In 1990, RE/MAX agents closed 636,366 transactions, representing $63.96 billion in sales. The following year, RE/MAX expanded into the Caribbean, where today it's the region's largest real estate operation. In 1992, RE/MAX expanded into Mexico. In 1994, the RE/MAX Satellite Network was launched, broadcasting continuing education programming six hours a day to RE/MAX offices across North America. No other real estate company operates an equivalent system of advanced training. Pioneering buyer representation RE/MAX agents also dominate the ranks of Certified Relocation Professionals. That designation, conferred by the Employee Relocation Council, is considered one of the toughest designations to earn in residential real estate. It confirms an agent's experience and expertise in working with relocating corporate employees. Nearly 70 percent of all Certified Relocation Professionals are with RE/MAX. International expansion In 1996, RE/MAX International was recipient of Income Opportunities magazine's first Franchise Relations Award, based on superior support, training, and communications services provided to franchisees. Expansion continued with offices opening in Central America and Australia - and by the end of the year RE/MAX had offices in 20 countries and spanned five continents. In February 1997, the network passed the 45,000-agent mark.
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Linda Leslie |

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