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RE/MAX Named Top 50 Franchise for Minorities

Only Real Estate Franchise Honored for 7 Consecutive Years

RE/MAX, LLC is one of the “50 Top Franchises for Minorities” according to the eighth annual survey compiled by the World Franchising Network and featured on Oct. 24 in USA Today. The 2014 survey is the seventh consecutive year RE/MAX has been included on the list and each year it has been the only real estate franchise included among the Top 50.

 

The World Franchising Network recognizes franchisors’ commitment to the recruitment and advancement of minorities, and aims to show progress that minorities have made in the franchising industry. Of the hundreds of survey responses, RE/MAX was in great company among finalists of respected brands, including AlphaGraphics, McDonald’s and Pak Mail.

 

“From our very first years, RE/MAX has always had a strong commitment to furthering the careers of minorities and women,” said RE/MAX, LLC CEO Margaret Kelly. “Real estate is an entrepreneurial industry where hard work and dedication are the most important characteristics. RE/MAX is proud to offer opportunities to achieve success to all our franchise owners and agents.”

 

This past August, RE/MAX welcomed its first franchise office in Beijing, China, which adds to network growth in Asia that includes Indonesia, Japan, Philippines, Singapore, South Korea and Thailand.

 

As a global franchisor, RE/MAX has had many reasons to celebrate this year. It was the highest ranking real estate franchise in Entrepreneur magazine’s Franchise 500 and was also recognized by the magazine as the best real estate franchise in the categories of fastest-growing, low-cost and global. Additionally, RE/MAX held the highest position among real estate franchises in the Franchise Times Top 200, a ranking based on worldwide sales.

 
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RE/MAX Center’s Annual Play 4 The Kids Golf Tournament Raises Close to $25K

Benefits Children’s Healthcare of Atlanta, Children’s Miracle Network Hospitals 

 

Atlanta, October 28, 2014 – On Columbus Day, October 13, RE/MAX Center of Duluth (GA) hosted its eleventh annual Play 4 The Kids Golf Tournament at Bear’s Best in Suwannee.

 

“We are thrilled with the results: we raised $24,253 for Children’s Miracle Network Hospitals – thanks to a lot of our friends, clients and colleagues, including local business owners, other real estate professionals, and bankers,” says Patrick Finnick, Broker/Owner of RE/MAX Center.

 

Children’s Miracle Network Hospitals has grown dramatically since it was founded in 1983. The organization has two simple goals:

 

  • Help as many children as possible by raising funds for children’s hospitals.
  • Keep funds in the community in which they were raised to help local children.

 

In 30 years, Children’s Miracle Network Hospitals has raised $4.7 billion.

 

Children’s Miracle Network Hospitals is one of the major charities championed by RE/MAX agents throughout the US. Since 1992, RE/MAX has raised more than $140 million for Children’s Miracle Network Hospitals.

 
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RE/MAX Properties East Named a Top 50 Mega Office!

Congratulations to Harrell Tague of RE/MAX Properties East in Louisville, KY for being recognized as one of the Top 50 Mega Offices!

 
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Fire pit, backyard sold attorney on home

The home only needed some paint and a hardwood floor refinished, according to Alex Bozarth. (Image via AJC)

Alex Bozarth rented over the years, usually with roommates, and always thought about buying a place of his own.

 

After his apartment complex raised the rent for a fourth year in a row — and this time even more than in the past — he decided to invest in a home in 2014.

 

Bozarth, 33, an attorney who works in downtown Atlanta, talked about his three-bedroom home in Chamblee.

Q: What were you looking for in a home?

A: I wanted a balance of price range, location and size. I wanted a single-family home rather than a townhome, and I wanted to live in a location convenient to major roads and near I-85 and Buford Highway.

Q: How did you move on this home?

A: It was the first one I made an offer on, and it worked out. I thought about

putting an offer on one or two others but wasn’t exactly happy with them. This had a lower price than I expected for the location, so I expected something to be wrong, but it only needed some paint and a hardwood floor refinished. I liked it quickly and thought it was a good combination of everything I wanted.

Alex Bozarth enjoys having a fire pit behind his home in Chamblee. (Image via AJC)

Q: What did you love about the house?

A: I like the backyard area, which has a great fire pit. I didn’t expect that at all, so that’s neat. It also has a storage shed separate

from the house to keep tools, which is nice. The master bedroom has a lot of space, is updated and has a nice view of the backyard.

Q: What was the closing process like?

A: It was pretty smooth. I got a pre-approval on my loan, so there weren’t many more documents to update. The seller fixed one or two things in the home, and the walk through before closing day went well. The actual signing process was over in 45 minutes.

Q: What was the relationship with your agent?

A: Kim (Bondurant, with RE/ MAX Around Atlanta) worked in this same

neighborhood before, which was helpful. She has a good eye for things when you’re looking at properties and see details that could be a hassle. She’s great at pointing those out and positives as well, which was nice for me as a first-time buyer.

Q: What’s a tip for first-time buyers?

A: It’s helpful to get the loan application process out of the way. I didn’t want to spend as much money as I could afford, so that helped me to know my parameters. I was also able to get all of my information to the lender so there was less to do at closing. It really makes the process easier while you’re looking at houses and then at the offering stage.

This article originally appeared in the Atlanta Journal Constitution.

 
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Breaking/Good News for Housing Industry

Two monumental decisions in U.S. housing regulations this week are major victories for homebuyers – and the housing industry at large.

 

For starters, the final qualified residential mortgage, or QRM, rule eliminates the highly controversial requirement of a specific down payment amount, bringing the rule in line with the Consumer Financial Protection Bureau’s qualified mortgage, or QM, rule. The latter was created to protect borrowers from predatory lending practices.

 

Another victory for housing: Fannie Mae and Freddie Mac are releasing new guidelines that will allow borrowers with lackluster credit profiles to obtain loans with a down payment as low as 3 percent by considering “compensating factors.” Federal Housing Finance Agency Director Mel Watt, who oversees both Fannie and Freddie, announced the government’s new plan in hopes of quelling lenders’ fears when the government-backed loans they sell go sour.

 

Additionally, Fannie and Freddie also plan to loosen demands on lenders to buy back defaulted mortgages, creating more stability, confidence and clarity for the lending industry.

 

RE/MAX CEO Margaret Kelly applauded the announcements, which ultimately help first-time homebuyers, as well as those who earn lower incomes, to more easily obtain government-backed loans.

 

“This is great news for our industry, and it’s a welcomed change we’ve been advocating at RE/MAX,” Kelly says. “Taking a measured but less stringent approach to lending creates more stable housing conditions and, most importantly, opens the doors to homeownership for qualified, willing homebuyers who’ve been sidelined in the wake of the downturn.”

 

Read more about these key housing developments:
NAR: QRM Mortgage Rule Could Ease Credit for Consumers
Los Angeles Times: Regulator unveils plan to spur lending by Fannie, Freddie
New York Times: Federal Housing Finance Agency Unveils Plan to Loosen Rules on Mortgages

 
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People on the Move

Congratulations to our latest Associates who were highlighted in Atlanta Business Chronicle’s People on the Move

Jengea Bell

Chris Carter

Tammy Plamondon

 
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RE/MAX Checkmate Named Best Real Estate Firm

The Johnson City Press

RE/MAX Checkmate Realtor is family owned and operated and that is something broker and owner Larry S. McClanahan is very proud of.

 

Larry moved to Johnson City with his wife and two children in the early 70s eager to start a career in real estate. At that time, he only dreamed of one day starting his own company.

 

After years of working for someone else, he opened Checkmate Real Estate as an independent firm in 1983 with only three agents. Realizing he need to offer more benefits to his agents and more service to their customers, Larry franchised with a national company after only a few years.

 

Since that time, he has joined the RE/MAX organization, which has more than 7,000 offices and more than 119,300 associates in 65 countries. RE/MAX is one of the most recognized names and corporate logos in the world. Larry said some of the reasons he franchised with RE/MAX is that “they lead the industry in brand awareness, have the most productive sales force and the most professional designations earned by agents.”

 

Larry has always had a love for real estate. He also enjoys the development said of the business. He has been involved in many residential and commercial developments over the years.

 

Rhonda Sampson, Larry’s daughter, has been licensed for over 25 years and, after years of working with buyers and sellers, now manages the office full-time.

 

“I enjoy the agents I work with and it’s great working together in a family atmosphere within our office,” Sampson said.

 

Larry’s wife, Janice, and his son, Mike, work as a sales’ team within the office.

 

Locally, Larry has grown his office to the largest real estate company in Johnson City as well as the No. 1 production company in the Tri Cities area. Larry says he is proud to be associated with the 70-plus agents in his office.

 

“They are an extended part of our family,” he said. “They are the reason we are the number one company in the area. It is due to their hard work, dedication and commitment to their customers needs.”

 

Wanting to offer a full service company, RE/MAX Checkmate is proud to have the addition of a strong commercial division to focus on the commercial needs in our region. Offering a large network of advertising through multiple websites such as Loopnet, CMLS, local Economic Development sites and more.

 

“The addition of Checkmate Auction Company is a huge plus to our firm as well,” stated McClanahan, in-house auctioneer with over 40 years of experience with combined real estate and auction experience. Checkmate Auction Company has concentrated its time and talents on conducting successful auctions of residential, land, commercial and estate sales.

 

This year, RE/MAX Checkmate is excited to improve its website to a state-of-the-art site.  You can visit the new site at checkmaterealtors.com. They have also added a new mobile app that allows their customers to search anywhere… any time.

 

“We recently renovated all 8,000 square feet of office space,” Larry said. “We hope to better serve our agents and the needs of their customers with the renovation.”

 

He invites you to stop by any time for a tour of their facility, which is located at 904 Sunset Drive.

 

The company’s agents sell more than any other agency in the Tri-Cities market and are known for their professionalism, commitment to service, and staying up-to-date on current trends.

 

Everyone at RE/MAX Checkmate is extremely proud to have been chosen Best Real Estate Firm in the area again this year.

 

“We want to thank our clients, customers, friends, and family who voted,” Larry said. “It’s a huge honor, and I would like to personally thank everyone who has placed their trust in us.  We want to be your real estate choice from generation to generation. We know family matters.”

 

RE/MAX Checkmate strives to offer the highest level of customer satisfaction in the industry.  When you are ready to move, as a seasoned investor or a first-time home buyer, RE/MAX Checkmate will help you understand the ever-changing market.  RE/MAX Checkmate will be there every step of the way.

 

This article originally appeared in The Johnson City Press.

 
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People on the Move

Congratulations to our latest Associates who were highlighted in Nashville Business Journal’s People on the Move

 
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RE/MAX of Tennessee – September 2014 Market Trend Report


October 15, 2014 (Alpharetta, GA) – According to the RE/MAX National Housing Report, August home sales were below the pace set in 2013. But, August’s sales were 10.2% above the number of sales seen in 2012. Home prices are not rising as rapidly as last year. The August Median Sales Price rose 12.9%, and the Median Sales Price increase in Nashville, TN was 12.3%. The Months Supply of Inventory rose to 4.5 on a scale where 6.0 indicates a market balanced equally between buyers and sellers.

 

According to CEO of RE/MAX, LLC, Margaret Kelly, “Although 2014 home sales may not reach the levels seen in 2013, the market has performed much stronger than many had predicted early in the year. This year’s market may have started off slowly, but it bounced back and slower price growth is keeping housing from becoming less affordable.”

 

For more information about your market check out the full Market Trend reports based on local MLS data:

 

 

Every market is local! Contact a local RE/MAX of Tennessee real estate agent for details on your neighborhood.

 

The National Housing Report by RE/MAX, LLC reports on 52 major markets and generalizes the nation’s housing industry.

 
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RE/MAX of Kentucky – September 2014 Market Trend Report

October 15, 2014 (Alpharetta, GA) – According to the RE/MAX National Housing Report, August home sales were below the pace set in 2013. But, August’s sales were 10.2% above the number of sales seen in 2012. Home prices are not rising as rapidly as last year. The August Median Sales Price rose 12.9%, and the Median Sales Price increase in Nashville, TN was 12.3%. The Months Supply of Inventory rose to 4.5 on a scale where 6.0 indicates a market balanced equally between buyers and sellers.

 

According to CEO of RE/MAX, LLC, Margaret Kelly, “Although 2014 home sales may not reach the levels seen in 2013, the market has performed much stronger than many had predicted early in the year. This year’s market may have started off slowly, but it bounced back and slower price growth is keeping housing from becoming less affordable.”

 

For more information about your market check out the full Market Trend reports based on local MLS data:

 

Every market is local! Contact a local RE/MAX of Kentucky real estate agent for details on your neighborhood.

 

The National Housing Report by RE/MAX, LLC reports on 52 major markets and generalizes the nation’s housing industry.

 
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