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Our Office

 

          RE/MAX         Lake Shore Realty

One Grande Lake Drive

Port Clinton, Ohio 43452

Office: (419) 734-7355

Fax: (419) 734-7356

LakeShoreRealtyLtd.com

 

 

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History of RE/MAX®

In 1973, Dave and Gail Liniger founded RE/MAX in Denver, Colorado, motivated by their dissatisfaction with the way the real estate business was conducted at that time.

Most Houston real estate offices, like virtually all others used the split-commissions system at that time, regardless of their operation's size, which required agents to give up half of their commissions to the sponsoring broker in exchange for services and office space. The top producers contributed the most to the operation's overhead, thus supporting the amateur, part-time and low-producing agents. Most Texas real estate agents left the business within two years, making residential real estate in Houston and all over Texas a high-turnover industry comprising in large part inexperienced and unprofessional staffs.

The Linigers were determined to change all that.

Dave and Gail felt that to attract and retain the best agents in the business, brokers must offer them maximum compensation, advanced support services and the freedom they need to succeed. Agents would share office overhead and pay management fees, and in return would receive a wide variety of traditional real estate franchise services and high commissions.

The strategy worked.

RE/MAX has grown every single year for more than 30 years. Very few companies with a worldwide presence can make such a claim.

Recognized by the home buying and selling public for its red, white and blue hot air balloon logo, RE/MAX has been the No. 1 residential real estate network in Canada since 1987 and is a leading industry force in the United States and many other regions.

The most significant growth for RE/MAX in recent years has come outside the United States, with expansion into Africa, Asia, Australia, the Caribbean, Central America, Europe, Mexico, New Zealand and South America. RE/MAX takes proven techniques and adapts them to local markets, thereby developing a series of tools that real estate professionals find invaluable.

Some of the innovative services created by RE/MAX International to help its Ohio RE/MAX agents become ever more professional and successful include relocation and asset management, commercial investment, an international referral network, advanced training courses, state-of-the-art technological tools, Internet and extranet Web sites, and national television advertising campaigns. It was the first - and remains the only - real estate network to invent and maintain a satellite television network (RE/MAX Satellite Network) dedicated to real estate professionals.

In an industry rife with mergers and acquisitions, RE/MAX is the only major real estate network still owned and directed by its original founders

History of Lake Shore Realty

John & Kathy Rader, an intuitive businessman & business woman and entrepreneurs who had been in the real estate business for a combined total of over 30 years, founded RE/MAX Lake Shore Realty in 2003. Rader, his wife Kathy, and their son and Daughter moved their families to Port Clinton from Findlay, Ohio in 2000, attracted by the bustling Lake Erie real estate market. They joined Lakeside Realty, but after a couple years the business was not growing as fast as their ambitions. In 2002, John & Kathy Rader transferred to Realty One but still were not quite satisfied. "We knew that something bigger and better was lurking just over the horizon," stated Rader.

Rader’s found what they were looking for in 2003 when they purchased the franchise rights for RE/MAX Lake Shore Realty operations. They carried on with Dave Liniger's unconventional concept of allowing the Ohio realty professionals to keep the maximum amount of their commissions, with the stipulation that they contribute to the shared overhead expenses plus a small management and promotions fee.

 

"We're the greatest untold story on the face of the earth, because this is a program that should not have worked," Rader says. Old-line brokers and others in the industry tried to discredit RE/MAX Lake Shore Realty agents, indoctrinating agents against Liniger's plan and even denying RE/MAX Lake Shore Realty agents acknowledgement for their hard work. RE/MAX was not the first real estate franchise business, but it was the first to combine the maximum commission concept with franchising in Ottawa County-and the combination sparked a revolution. In the upcoming five years the company grew from 3 Associates to over 13 Associates, escalating each succeeding year.

In Ohio, real estate was big business, and Rader’s jumped on the RE/MAX bandwagon quickly, but they admit the first couple of years were tough-even in the market. Luckily, Rader also selling real estate to survive. "It seems to me, if you're going to be an Ohio RE/MAX agent, where your only compensation is commission, you should be retaining the maximum amount," he says. "The key was finding enough Ohio real estate professionals who had the courage to cast themselves as individual contractors and agents instead of splitting their commissions."

Today the RE/MAX concept seems to be more practical than radical. "The same thing that's happening in the retail business is occurring in our industry," says Rader. "Mom and Pop operations are going out of business, because they're no longer able to keep up with the technology." RE/MAX has grown so phenomenally, it now offers its Ohio real estate agents access to a worldwide satellite network system (RE/MAX Satellite Network®), which offers educational courses, keeps Associates abreast of the latest industry trends, and makes readily available the referrals of more than 115,000 other sales professionals across the globe.

RE/MAX enjoys Premier Market Presence in virtually every area served by "The Real Estate Leaders."® RE/MAX has captured the lion's share of the real estate market in most major markets area they service throughout Ohio: Columbus, Cleveland, Cincinnati, Toledo, and many additional medium and smaller cities and towns.

"RE/MAX of Ohio ended 2007 with our Sales Associates and Franchises demonstrating exceptional financial strength and growth," said Rader. "We expect the coming year to be even better because we are maximizing the use of technology with an expanded on-line service, and we are continuing to emphasize our policy of providing our Associates with the best educational curriculum, which keeps them apprised of the latest industry trends and enables them to pursue professional designations in the comfort and convenience of their own home."

 

The RE/MAX network in Ohio is comprised of approximately 2,850 members affiliated with more than 145 offices across the state. Under the RE/MAX franchise name, these independently owned and operated offices provide residential and commercial real estate services. Where available, offices also provide loan counseling. Since its inception, the RE/MAX organization in Ohio has experienced years of growth, attracting Sales Associates who lead the industry in professional designations, experience and productivity.

Exciting opportunities lie ahead, and the RE/MAX Lake Shore Realty team looks forward to serving our communities with passion, dedication, and integrity.

 

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