REALTY EXECUTIVES HISTORY

Our Company - About Us - Story Behind the Shield

Realty Executives International is a real estate company and brokerage that provides an alternative to traditional home buying and selling.

Realty Executives has dedicated more than 42 years of hard work and careful planning to create a real estate culture that meets the highest standards for home buyers and home sellers.

Since the company's start in 1965, the Phoenix-based, privately held firm has experienced a 260-percent increase in office growth rate, opening offices in 10 countries, including the U.S., Canada, South Africa, Mexico, Australia, Israel, Indonesia, France, Greece and Costa Rica. Additionally, Realty Executives has been recognized in publications such as Entrepreneur, Success, and Inc. Magazine as a leader based on such criteria as franchise growth, management stability and financial soundness.

As Real Estate Executives President & CEO, Richard Rector, has commented, "Our company is designed to support your efforts so you have more time to do what you do best - buy and sell real estate. It's the best of both worlds. You'll always feel like you're in charge of your own destiny but you'll never feel like you're going it alone."

With more than 42 years of experience behind the company, the company continues to attract the best in the industry.

A Brief History

The Realty Executives system was copied shortly after it's beginnings, by a salesman that worked for Realty Executives...he was to open a second office for Realty Executives.  Instead opened his own office and called it  "Realty Maximums."  The salesman was Dave L. and soon ran into finincial problems and had to close.

Opened again with a new name only shortened it to Re/max,  after stealing the concepts and ideas they franchised quickly.

Only in 1987 did Realty Executives start to expand rapidly. The concept, revolutionary at the time and now widely copied, was quite simple: Sales associates receive 100 percent of their commissions. Associates would share equally in office expenses. Offices would be coordinated by a full-time broker, whose salary was paid by the associates. The concept caught on. By 1972, the pilot operation in Phoenix, Arizona was producing the highest volume of all competitive independent real estate firms. By the 80s, with greater expansion, volume totaled more than the competitive national franchise firms in the area.

Each year, sales volume and the number of associates have grown - proof of the concept’s wide acceptance and success. Realty Executives rapid growth is no surprise. Give professional sales associates an environment where they can concentrate on what they love to do - sell, and they will get results.

Through Dale Rector's vision and dedication to his new concept, the real estate industry has experienced a major change—an alternative to traditional operations that have hindered the real estate profession for many years. Realty Executives has revolutionized the real estate industry by focusing on the needs of the real estate Executives.

An Environment for Professional

Realty Executives is designed for those top-notch, highly motivated agents who want to concentrate on their clients. Nothing else. We provide associates with the office support system they need to function efficiently. We don't bog them down with administrative duties or constrictive schedules. The people who join Realty Executives are already proven producers, people who are serious about their work.

Read on to discover more good reasons to choose an Executive over a typical real estate agent. We look forward to working with you and your real estate needs!