DENVER – REMAX Commercial®, part of the world’s most productive real estate network*, has hosted its ninth-annual World Symposium conference at REMAX World Headquarters in Denver, Colorado. Over 80 commercial real estate practitioners from across the country and Canada attended the two-day conference where they heard from industry leaders and innovators who celebrated the growth of REMAX Commercial and highlighted new opportunities of commercial real estate.
“Commercial real estate has seen tremendous growth over the past few years and our practitioners recognize the opportunities that come with that improvement,” said Mike Reagan, REMAX Senior Vice President, Business Alliances. “The industry is constantly evolving and our practitioners recognize the need to familiarize and educate themselves with those changes. The annual World Symposium is a unique opportunity for our practitioners to stay on top of the latest trends.”
Reagan kicked off the conference with an update on the exceptional growth of REMAX Commercial over the past few years. Those achievements include:
- $11.1 billion in leasing and sales volume in 2015, which was a 13 percent increase from the previous year and nearly 57 percent growth when compared to 2012.
- The number of REMAX Commercial practitioners grew 12 percent across the globe between 2014 and 2015.
- Over 560 commercial offices/divisions in 58 countries
- More than 25,000 sales and lease transaction sides in 2015
The World Symposium also featured courses on various topics, including how to split profits in commercial real estate investments, the five key characteristics of the nation’s top producing commercial real estate teams and the best ways to maximize your income. Attendees also listened to presentations from Rod Santomassimo, one of the top commercial coaches in the country and Jeff Engelstad, Ph.D., a professor of real estate and the built environment at the University of Denver.
The conference ended with an update from commercial leader and respected industry forecaster, Brian Bailey, who serves as the Senior Technical Expert in the Supervision and Regulation Division of the Federal Reserve Bank of Atlanta. Bailey discussed how commercial real estate is recovering from the recession and what practitioners can expect in the years to come.
This year, REMAX Commercial was ranked an impressive #15 on the National Real Estate Investor 2016 Top Broker Ranking, which was above prominent competitors on the list including SVN International and Coldwell Banker Commercial. Only 16 of the 61 commercial real estate brokerage firms, including REMAX Commercial, ranked in the 2016 Top Brokers list posted more than $10 billion in transactions in 2015.
*When measured by residential transaction sides