For GMAC Real Estate Franchise Operations, 2005 Was One for the Record Books
1/30/06
With More Than 100 New Offices Across America and a Foothold Established in Europe, the Division Enjoyed Best Year Ever; More of Same Expected in 2006.
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What's on the real estate tech horizon in 2006?
01/03/2006
Mapping, lead management are key focus areas, executives say.
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Opportunity grows in slowing real estate market
01/02/2006
Big brokerages may benefit as smaller companies sink or sell.
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A Culture of Partnership
January 2006
When the word "paradox" was invented, whoever thought it up had in mind precisely the kind of paradox currently staring the real estate industry in its face.
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In Colorado, It's All in the Family for This Franchisee
September 2005
Talk about an adventure the entire family can enjoy.
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Does Your Company Have an Emergency Evacuation Plan?
09/28/05
As recent tragic events in London, Egypt and New Orleans have made clear, disasters - both man-made and natural - can strike without warning anywhere, anytime, underscoring the urgent need for companies to have in place effective evacuation plans for their employees. Yet many don't.
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Will You Succeed Over the Next Two to Three Years?
August 2005
The past few years have been a great run for our industry, no doubt about it. Across the nation, real estate professionals have enjoyed record sales and income…and 2005 is shaping up as another exceptional 12 months.
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Carlson GMAC Real Estate Acquires Edmund G. Woods Company
07/25/05
"We're extremely pleased to have such a highly respected local firm join the GMAC Real Estate family," said Joe Capriotti, president and CEO of the company-owned real estate operations of GMAC Home Services, Inc., for Central New England. This includes Carlson GMAC Real Estate, Kinlin Grover GMAC Real Estate, and Hammond GMAC Real Estate."
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Gaining Ground On the Competition
05/05/05
Don Anderson has found something pretty rare in Southern California: space. Based in what is known as the Antelope Valley, or northern Los Angeles County, the co-owner of Troth Realtors/GMAC Real Estate believes this location is one of the key components of the company's success.
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GMAC Real Estate Enters Europe by Signing Master Franchise in Portugal
4/07/2005
In a move that will introduce the GMAC Real Estate brand to Europe, the company announced today it has awarded a master franchise in Portugal.
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GMAC Real Estate Franchise Sales Up 122 Percent in 2004 Over The Same Period Last Year
GMAC Real Estate's franchise business unit has always put quality far above quantity when awarding new franchisees, but statistics from the first three quarters of this year show it's possible to achieve both: Franchise sales increased 122 percent and gross commission income was up 271 percent over the same period in 2003.
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GMAC Home Services Names
Jim Toulon Senior Vice President of Franchise Development
Oak Brook, Ill., March 20, 2003 -- GMAC Home Services President and CEO John Bearden today announced that Jim Toulon has been named senior vice president of franchise development for the company's GMAC Real Estate division.
Toulon will direct the growth of GMAC Real Estate's entire system, including franchising, mergers and acquisitions for the 1,300-office network. Bearden said Toulon's number one goal is to develop and execute an aggressive, strategic plan for growth that identifies new markets for offices throughout the United States.
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'Our industry is broken', President & CEO of GMAC Home Services says in major speech at annual business conference
Las Vegas, Nev., February 3, 2003 - With the busy spring home-buying and
selling season just weeks away, the president and chief executive officer of
one of North America's largest real estate firms today delivered a sobering
dose of news to his colleagues across the nation: The real estate industry is
broken and in dire need of a major overhaul.
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Registration is at full throttle for
GMAC Real Estates's 2003 Business Conference
Oak Brook, Ill., November 18, 2002 -- GMAC Real Estate's upcoming Business Conference will pack a triple punch of career-building opportunities, award ceremonies and world-class entertainment, including a performance by comedienne Lily Tomlin and a seminar by best-selling financial author and nationally syndicated radio host Suze Orman.
And although the conference is less than three months away - it takes place from Feb. 2 to 5 at the Paris Hotel in Las Vegas - GMAC Real Estate brokers and sales associates across the nation and Canada are registering at a breakneck pace, handily outpacing the company's initial attendance forecasts.
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GMAC Home Services names Bill Berkelbach
president of its mortgage company
Oak Brook, Ill., Oct. 15, 2002 - GMAC Home Services President and CEO John Bearden today announced that Bill Berkelbach has been named president of its mortgage company, GHS Mortgage. GMAC Home Services also is the parent company of GMAC Global Relocation Services and GMAC Real Estate.
In the newly created position, Berkelbach will play a key role in GMAC Home Services' continued expansion of services that consumers view as vital to real estate transactions, namely mortgage, title and closing services.
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Stewart National Title Services
announces partnership with GMAC Home Services
Houston (Oct. 15, 2002) - The National Title Services (NTS) division of Stewart Title Guaranty Company, a wholly owned subsidiary of Stewart Information Services Corporation (NYSE-STC), today announced a strategic alliance with GMAC Home Services. As a result, Stewart title insurance, escrow and closing services will be offered to GMAC Real Estate, a business unit of GMAC Home Services, that includes more than 20,000 sales associates working in 1,300 company owned and franchised real estate offices.
"This is a win-win opportunity for Stewart and GMAC Home Services," said Malcolm S. Morris, president, Stewart Title Guaranty Company, "Stewart will serve as a consultant to GMAC Real Estate broker/owners and their agents to customize their title needs at the local level."
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GMAC Home Services Names Terry Morris
President of Its Company-Owned Real Estate Operations
Oak Brook, Ill., July 10, 2002 -- GMAC Home Services President and CEO John Bearden announced today that longtime industry veteran Terry Morris has been named president of GMAC Real Estate's company-owned division, one of the nation's largest real estate brokerage firms.
In his leadership role, Morris will direct the continued expansion of the company-owned operations, which includes more than 100 offices and 3,500 real estate professionals nationwide. In 2001, GMAC Real Estate's company-owned offices produced more than $10 billion in sales. In addition to its company-owned offices, GMAC Real Estate franchises 1,200 real estate offices with more than 17,000 agents nationwide.
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GMAC Real Estate Chairman Tom Koenig Stepping Down, Not Out
Oak Brook, Ill., August 5, 2002 - He's spent the past 30 years working in the real estate industry and the last three overseeing the sale and integration of his former company, but this month Tom Koenig says he will "take a much needed breather" from his role as chairman of GMAC Real Estate and become a consultant to the company.
Koenig, whose family owned the venerable Chicago-based Koenig & Strey real estate firm until its sale to GMAC Real Estate in 1999, is completing a planned three-year tenure in which he was responsible for successfully integrating the firm into GMAC Real Estate.
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