| ||Fact-sheet on RE/MAX of Northern Illinois |
RE/MAX Northern Illinois has been the leader in Chicagoland residential real estate since 1989. It is a network of 133 individually owned and operated, full-service real estate offices, with more than 2900 Sales Associates. The RE/MAX Northern Illinois Region was founded in 1977.
2205 Point Boulevard, Suite 100
Elgin, IL 60123
GEOGRAPHICAL BOUNDARIES: RE/MAX Northern Illinois is a region that encompasses approximately the northern one-fourth of the state of Illinois from the Wisconsin border to Interstate 80, and Lake Michigan to the Mississippi River.
OWNERS: The RE/MAX Northern Illinois Region is owned by Roaring Fork Capital Partners of Denver, Colorado.
REGIONAL DIRECTOR: Scott Riegel
MEDIA CONTACT: Laura Ortoleva - Communications Strategist
RE/MAX INTERNATIONAL HEADQUARTERS: The RE/MAX franchise network, celebrating its 29th year of consecutive growth, is a global system of 4,000 independently owned and operated offices with 69,000 member Sales Associates. These Associates lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, relocation and asset management.
GROWTH In NUMBER Of AGENTS: RE/MAX Northern Illinois grew from 20 Sales Associates in 1977, to more than 2,700 in 2000. It was the first RE/MAX Region in the United States to have more than 1,000 agents. Currently, it is one of the largest RE/MAX Regions in the United States, even though it is one of the smallest geographically.
TERRITORIAL GROWTH: The continued success of RE/MAX Northern Illinois during the past 24 years can be attributed to the company's aggressive expansion and the professional caliber of the agents it attracts.
RE/MAX offices in the Northern Illinois Region have led the Chicago Metropolitan area real estate market each year since 1989. In 2000, closed sales volume exceeded $10.9 billion. Since 1995, one out of four homes sold in Chicagoland was listed by RE/MAX. The RE/MAX Northern Illinois Region consists of more than 2900 Sales Associates. The Northern Illinois Region is part of the RE/MAX International network, which operates on six continents and in 38 different nations.
COMPENSATION STRUCTURE: One of the reasons RE/MAX has always attracted the top real estate producers in the country is its innovative alternative to the traditional commission split practiced by many realty firms. The RE/MAX High Commission Concept allows RE/MAX Sales Associates to retain 100 percent of their commissions earned in exchange for paying management fees and sharing in the monthly office overhead. The name "RE/MAX" is an acronym for "real estate maximums." Each RE/MAX office is independently owned and operated.
EDUCATION: RE/MAX Associates have a much higher percentage of professional designations than the industry average. RE/MAX Affiliates hold the majority of the real estate industry?s CRP (Certified Relocation Professionals), CRS (Certified Residential Specialist); CRB (Certified Real Estate Broker); ABR (Accredited Buyer Representative); and CCIM (Certified Commercial Investment Member) professional designations. RE/MAX Northern Illinois offers its own educational programs designed to keep its Affiliates informed of the latest laws, sales and listing techniques, and industry trends.
COMMUNITY SERVICE: RE/MAX is the exclusive real estate sponsor of the Children?s Miracle Network (CMN) and its second largest corporate sponsor. All funds raised in the RE/MAX Northern Illinois Region benefit Children?s Memorial Medical Center in Chicago.