Realty Executives International
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Realty Executives International | |
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Type | Corporation |
Founded | Phoenix, Arizona, (1965) |
Headquarters | Phoenix, Arizona, USA |
Key people | Richard A. Rector, President and CEO |
Industry | Real Estate |
Website | www.realtyexecutives.com |
Realty Executives International is an international real estate company founded in 1965 by Dale Rector in Phoenix, Arizona, and is the originator of the 100 percent commission concept. The company has more than 14,350 sales associates, as well as 803 independently-owned offices worldwide. There are offices in Australia, Canada, Costa Rica, Panama, France, Indonesia, Israel, Mexico, South Africa and the United States.
Realty Executives is also involved in community efforts. The Homes from the Heart program was created to involve sales associates and brokers in fundraising to provide housing opportunity to needy families in the communities the company serves.
Realty Executives is the only real estate company to be an official corporate partner of Habitat for Humanity. Additionally, because of efforts within the continental United States, Realty Executives franchisees have also contributed to help build homes in countries all over the world.
Rich Rector, son of Dale Rector, has been president of the organization since 1986 when he also purchased the franchisor from Dale. Rector has held a real estate license for more than thirty years, making him a rarity in corporate real estate leadership.