According to the 2007 edition of the Swanepoel Trends Report that was published this month, EXIT Realty is ranked as the leading “New” National Real Estate Franchise brand, ahead of Help-U-Sell, Weichert Realtors, Sotheby’s Real Estate and Avalar.
Founded in 1996 in Ontario, Canada by Steve Morris, EXIT Realty entered the USA only eight years ago. Today with 1,083 franchisees and 34,000 agents EXIT has become one of the 10 largest real estate companies in Northern America.
The local region, EXiT Mid-Atlantic (DE, DC, & MD), has built to over 50 offices and 1,700 agents since 2002. They plan to grow to over 100 offices in the next several years. They took home the Regional Tri-Real-A-Thon award, EXiT Realty Corp. International’s highest honor.
Widely accepted as the leading publication on change and trends in the real estate industry, the 159-page Swanepoel Trends Report for 2007 provides a thorough examination of the top 10 trends shaping the industry, its participants and the way houses are bought and sold. According to the Report more than 55% of all real estate transactions are done through a real estate company affiliated with one of the 20 national real estate franchises.
Franchising was introduced to the real estate industry four decades ago and since that time it has surged ahead as the most successful business model of all time, states the Report. Furthermore, Swanepoel noted that “similar to the way RE/MAX reshaped real estate brokerage in the 70s and 80s, it appears that EXIT is ordained to re-engineer the real estate broker/agent relationship during the first decade or two of the 21st century.”
“Stefan is always right on track with his analysis of the industry and we are delighted to be recognized,” says Tami Bonnell, President of EXIT Realty. “We have paid out over $125 million in single-level residuals and are revolutionizing the real estate business,” she added.
According to Rick McDaniel, President of the EXiT Mid-Atlantic region, over $6,300,000 has been paid out locally.
For more information about EXIT Realty visit www.exitrealty.com and for details on the 2007 Swanepoel Trends Report visit www.retrends.com. For more information on the EXiT Mid-Atlantic region, visit www.ExitMidAtlantic.com.
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