Janice Corley recently became sole owner of RE/MAX Premier Properties, 1205 N. State Pkwy., acquiring the ownership interest of her partner, Cynthia Bauer. Corley and Bauer established RE/MAX Premier Properties in 2011. Today the brokerage has 75 affiliated brokers, and its 2015 closed sales volume was in excess of $170 million.
Corley has acted as managing partner of the brokerage, as well as the managing broker, since its founding. Bauer has been one of the leading sales producers in the office and will continue in that role.
“Our focus from the beginning has been on growth at this location, and while that will continue to be a priority, we hope to establish a presence in other parts of Chicago,” Corley said. “A real estate brokerage is most effective when it has a physical presence in the communities it serves. I think that tradition has been lost to some extent in our industry because contemporary technology gives brokers the tools to work from home or from their cars or in a coffee shop.
“While that trend has benefits, it also has limitations. Agents who don’t see each other in the office are less likely to collaborate, share information or participate in the training programs that a brokerage like ours provides. ”
Corley noted that many leading real estate organizations have reduced the number of offices they have across the Chicago area.
“We see opportunities in a number of areas that would seem to be underserved by the major real estate brands,” Corley said. “My goal for RE/MAX Premier Properties is to fill that void with one or two new offices in the relatively near future. By doing that, I think we will foster a more productive and efficient group of brokers, deliver better service to our customers and become more fully integrated into the markets we serve.”
Her plan is to establish new offices by acquiring existing independent brokerages in the communities she is targeting.
Bauer explained that her decision to sell her interest in the brokerage reflected a desire to devote her efforts more fully to selling real estate, the aspect of her career she enjoys most.
“As an owner, you have to deal with a much broader range of responsibilities, and I thought that I’d like to simplify things. My relationship with Janice remains one of best friends, plus she is an outstanding manager. With our new arrangement, we’ll still be collaborating, and I’ll be able to focus on what I’m most passionate about,” Bauer said.
RE/MAX agents consistently rank among the most productive in the industry. In 2015, RE/MAX Northern Illinois agents averaged 18 transaction sides. RE/MAX has been the leader in the northern Illinois real estate market since 1989 and is continually growing. The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of more than 2,250 sales associates and 106 independently owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services. Its mobile real estate app, available for download at http://www.illinoisproperty.com, provides comprehensive information about residential and commercial property for sale in the region. The northern Illinois network is part of RE/MAX, a global real estate organization with 104,000+ sales associates in 90+ nations