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RISMEDIA, Oct. 19, 2007-Realty Executives franchises in Phoenix, Arizona and Santa Clarita, California recently celebrated milestones with the company’s 10K Program. Realty Executives Phoenix hosted its 100th 10K breakfast and drawing at Paradise Valley Country Club where two Realtors®, Tom Barry from Keller Williams Lifestyle Realty and Michael Young from Keller Williams Legacy One Realty, each walked away with $5,000 cash, marking the $1,000,000 dollar given away and 4,400th property sold through this program over the last 10 years.

Additionally, Realty Executives Santa Clarita hosted its 50th 10K luncheon and drawing at the Valencia Country Club where REALTOR® Wayne Wolven from Realty Executives Newhall won $10,000 marking the $500,000 dollar given away in that market through this program.

The Realty Executives 10K Home Program was designed as a way to help Realtors, from any company in the participating areas, sell homes quicker, provide a new marketing tool for existing listings to attract new interest and buyers for those listings. This is done by providing a possible bonus commission incentive to the selling agent. A home becomes a 10K property once the seller of the property agrees to contribute a $250 marketing fee, which funds both the marketing costs of the program and the drawing. Once a 10K property is closed and funded, the selling agent becomes eligible to be entered into a drawing for $10,000.

Attendees at the events included each of the eligible Realtors or their representatives, dozens of Realty Executives listing agents and leadership from Realty Executives International including President and CEO Rich Rector at the Phoenix drawing and Chief Operating Officer Glenn Melton at the Valencia drawing.

“The 10K Home Program not only provides an opportunity for sellers to potentially sell their home faster, but it provides Realtors the opportunity to network with other Realtors from across the participating areas and build camaraderie in our industry,” said Rector.

At Realty Executives Santa Clarita the 10K Program is offered by Broker/Owners Jim and Janus Tanner and Phil and Judy Nordella. In Phoenix the program is facilitated by Rector and President of Realty Executives Phoenix John Foltz.

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