User:Remax.lk/sandbox/Real Estate

This article is about the business of buying, selling, and renting real property. For other uses, see Real Estate (disambiguation).

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing." It is a legal term used in jurisdictions whose legal system is derived from English common law,

RE/MAX, short for Real Estate Maximums, is an American international real estate company that operates through a franchise system. Up until 2013, the company held the number one market share in the United States and Canada since 1999, as measured by residential transaction sides. RE/MAX has more than 100,000 agents in 6,800 offices. RE/MAX operates in about 100 countries.

Early history: 1970–1976
RE/MAX was founded in January 1973 by Dave Liniger and Gail Main (who later became Gail Liniger). The company was established with a maximum commission concept, meaning agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than a share of the commission. In 1975, Dennis Curtin purchased the first RE/MAX franchise outside of Colorado, in Kansas City, Missouri. The company had 100 franchises in two years. RE/MAX held its first convention in Las Vegas in 1976. It became an annual event.