Realty Executives International Company History Timeline

1965
1965 R. Dale Rector launches Realty Executives with one office in Scottsdale, Arizona.
In 1965, the company first drew attention as the originator of the 100 percent commission concept.
Just as they did in 1965, top producing real estate agents still provide the best service to home buyers and sellers.
1966
1966 Realty Executives opens office in the city of Phoenix.
1973
1973 Realty Executives opens in Tucson, the company's first expansion office outside of the Phoenix area.
1974
1974 Realty Executives Phoenix tops 100 million in sales for the first time.
1976
1976 Realty Executives expands to California with a franchise in Oceanside.
1980
1980 Rich Rector becomes president of Realty Executives Phoenix and chairman of the franchise company, which was named Execu Systems, Inc. at the time.
1984
1984 Rich and his wife, Robyn, purchase the real estate franchise company Execu Systems, Inc. from R. Dale Rector.
1987
In 1987, REALTY EXECUTIVES International began to offer franchises to broker owners across the country and around the world.
1988
In 1988, Realty Executives grew to be international, opening its first brokerage in Canada.
1997
1997 Realty Executives forms Homes from the Heart as its corporate charitable program, building and renovating homes for needy families across the system, largely in partnership with Habitat for Humanity International.
1999
1999 Realty Executives International ranks 27th in Success magazine's annual list of the top 100 franchise companies in the United States.
2001
2001 Realty Executives International opens first offices in Mexico.
2002
2002 Realty Executives continues its aggressive international expansion, with the opening of offices in Australia and Israel.
2004
2004 Realty Executives ranks in Entrepreneur magazine as one of the Fastest Growing Franchises.
2006
2006 Realty Executives rolls out HomeWorks, a national marketing initiative designed to help teachers and others in the education field purchase homes.
2008
2008 Expansive growth in Central America includes Costa Rica, Panama, Nicaragua and Belize.
2010
2010 Realty Executives announces new territory in Dominican Republic.
2012
2012 Rich Rector launches new book co-written with Michael Gerber, The E-Myth Real Estate Brokerage.
2013
2013 Realty Executives International Ranked 276 Amongst All Franchise Companies by Entrepreneur magazine's 2013 Franchise 500 List.
2013 Rich Rector announced as the Recipient of National Homeownership Award.
2014
To continue this network growth, in 2014, Realty Executives partnered with True North, a private investment firm founded by CEO David Tedesco.
2014 Realty Executives International Ranks 6 on the Phoenix Business Journal's list of Top Franchisors.
2015
2015 Realty Executives begins building proprietary technology suite including PrimeAgent, agent and broker website and CRM.
2016
2016 Further development of in-house tool suite, launch of On-Demand Mobile Marketing system and listing video automation.
2017
2017 True North Company became 100 owners after Rich Rector s retirement, CEO David Tedesco is featured in RisMedia magazine.
2019
2019 Outlier is launched in Phoenix, making Realty Executives International a part of one of the country s largest independent capital firms.
Founded
1965
Company Founded
Headquarters
Scottsdale, AZ
Company Headquarter

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