“We are thrilled to be recognized in this prestigious report for the 2013 year and look forward to continuing to improve our rankings in coming years,” said Realty Executives International Owner & CEO Rich Rector. “Our team has worked hard to come out ahead after some of the most difficult years in real estate and our franchise sales and growth numbers in 2012 are indicative of the expertise we have and the value our company offers.”
The ranking is compiled annually by Entrepreneur Magazine and lists franchises in a variety of industries based on specific criteria including company objectives, financial strength and stability, growth rate and size of the franchise system and length of time franchising among other factors. This is the 20th time Realty Executives International has been named to the Entrepreneur Magazine Franchise 500® list since the firm started its franchising operation in 1973.
Helping the company achieve this feat were the 75 franchise sales which have been completed year-to-date. Those included three international sales, 16 start-up offices and 22 conversions of existing brokerages, among other deal types. July 2012 posted the largest franchise sales numbers with 11 sales in that month alone.
“Over the last couple of years we have been ramping up our franchise sales efforts in North America and internationally and I am excited to see the results of that hard work coming to fruition both with our franchise sales numbers this year and in the Entrepreneur Magazine Franchise 500® ranking,” said Bryan Brooks, senior vice president of franchise development.
About Realty Executives International, Inc.
Realty Executives International, Inc. is one of the fastest growing real estate franchises in the United States, with nearly 10,000 sales associates and more than 500 franchises worldwide. The Phoenix-based, privately held company has a presence in 26 countries: United States, Australia, Bahrain, Belize, Canada, Costa Rica, Dominican Republic, France, Greece, Honduras, Israel, Kuwait, Mexico, Panama, Poland, Romania, Nicaragua, Oman, Qatar, Saudi Arabia, Spain, Turkey, Egypt, Jordan, Lebanon and the United Arab Emirates. Publications such as Entrepreneur, Success and Inc. Magazines have ranked Realty Executives International as a leader in the real estate industry based on franchise growth, management stability and financial soundness. For additional company information visit www.RealtyExecutives.com.