EXECUTIVE SUMMARY
The project comprises of the structure ,functioning and marketing of a real estate brokerage company called RE/MAX.The company was started by Dave Liniger in U.S. and follows the franchise system. Re/max is derived from words ’Real estate’ and ‘maximum’ which refer to maximum satisfaction of clients, agents, and franchise owners. Re/max India is an initiative of Mr. Samir Chopra in order to organize the scattered system of real estate in India. In India brokers as sole proprietors make the transactions happen within their reach. In India there is no specific training given to people to who trade in this industry. But,at Re/max which is an established global brand across 100+ countries there is an advantage that a broker sitting
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At RE/MAX, agents share office overheads, pay desk fee, and in return receive extensive real estate services.
ORGANISATIONAL STRUCTURE OF RE/MAX
• 1.RE/MAX International: RE/MAX International is an American international real estate company that relies on a franchise system. The RE/MAX franchise network is described as "a global real estate system of franchisee owned and operated offices and their affiliated independent professionals" .It sells its brandname across various countries and earns a desk fee and a nominal portion of the commission of sale of transactions.
• 2.RE/MAX India : RE/MAX India is the master franchise holder for the whole country which allows the country to open RE/MAX offices in India and operate as a large network of people across borders.
• 3.Regional Owners: The regional owners control the functioning of RE/MAX offices in the region. They strive towards spreading RE/MAX as a brand in various areas within their region. They work towards widening the reach of RE/MAX as a
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There are Banner Ads on different pages of the website and the Ad charges vary depending on the page and time duration.The AD banners could be on different pages:
1. Home Page
2. Listings search page
3. Agent and office search page
4. Contact us page
5. Property listing page(on every listing)
6. Social media page
7. Regional micro-sites page
The business model of Re/max india
The 100% Model
The 100% commission concept allows the office to retain 100% of the commission that it generates. That is why it was always referred to as the ‘100% commission company’ as it allowed everyone to retain the commission that they generated.
With a fixed monthly fee per office, RE/MAX allows you to :
» Be associated with a global brand
» Provide a scalable and sustainable business model
» Best in class training programs
» Increase your local, national and global network
» World-class technology platform
» Independence to do your business the way you want The new and updated RE/MAX model allows you to keep 100% of the commission with the office even in
Max Powers trusted people he thought were his “best friends”, but not all friends are best friends, as Max would soon find out. Max was blinded by the fact that he recently received a will of $12.4 million, due to a skydiving accident that resulted in his parent 's death. He didn’t even realize that his previous “best friends” (Dez Tenney,Chloe Goode,Beverly Hills, Ray Leetuff) were plotting to kill him and become millionaires themselves. Max hosted a housewarming party, at his new place in a very expensive neighborhood due to the fact that he recently received $12.4 million. Max invited Dez, Chloe, Beverly, and Ray because he considered these people to be his best friends, but what he didn 't know was his so called ¨best friends¨ only accepted
This paper is written to provide a reasonably comprehensive overview of Section 1031 of the IRC as it pertains to real estate transactions, and to offer some thoughts on the wealth-creation advantages that 1031 Exchanges offer.
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Wide market - They covers a large market in whole Canada domestically and as well as they cover international market as well.
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Each company has a specific set of operational procedures for how their office or location runs; these can include...
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