RE/MAX is joining the New York real-estate market with local brokerages that will develop throughout the state. The company’s announcement, originally reported on Real Estate Weekly, is part of their national plan that has included massive buybacks from franchise owners. The founder of RE/MAX, Dave Liniger, is confident their presence in New York will achieve substantial success as it has in their other newly entered regions; New Jersey, Pennsylvania and New England. RE/MAX’s projected success is likely keeping many New York agents anxiously waiting for their arrival.
Also highly successful in New York is the TOWN Residential real estate services firm. In merely 5 years this company has established prestigious and well sought out after services related to luxury real estate. Services include assistance with the leasing of commercial and retail estate, luxury residential sales, and luxury residential leasing. Further, TOWN has created multiple guides available for NYC Apartment for rent clients and has a Corporate Services Division capable of providing corporate relocation support. This firm is brimming with proficiency.
TOWN Residential’ s expertise stem from their Best Firm to Work For title and their place on the Top Best 50 Places to Work in New York City. These declarations attract and maintain expert agents who specialize in luxury real estate. Also contributing to their success is strategic press coverage aimed at luxury and lifestyle media outlets. Strategy is crucial in the midst of such competition.
The competition in the New York real estate market originates in the likelihood of higher commissions due to higher price points. Also likely drawn to the state for the same initial reasons are The Franzese Group and Keller Williams. Though the market in NY is fundamentally different from the suburban markets most these groups are accustomed to, the three companies parade success and RE/MAX will follow. The rapid real estate growth in NY is clearly evident.