RE/MAX Agents Were Tops In Buyer Representation Throughout Cook County During 2008

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the Cook County residential real estate market buyer in representation during 2008, assisting buyers in 4,608 home sale transactions, according to sales data available for Cook County through Midwest Real Estate Data, LLC (MRED). Since 1989, RE/MAX has ranked number one in the metropolitan Chicago real estate market based on residential listings sold.

“In a challenging environment for Illinois real estate sales, RE/MAX agents continue to demonstrate their skills and commitment,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network.

Home sales reported by MRED in Cook County during 2008 totaled 39,902, a 26 percent decrease from the 53,899 homes sold in 2007.

The top five real estate organizations in Cook County during 2008, in terms of buyer representation, were RE/MAX with 4,608 (11.5 percent), Coldwell Banker with 4,474 (11.2 percent), Century 21 with 2,964 (7.4 percent), @ Properties with 1,994 (5 percent) and Baird & Warner with 1,841 (4.6 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.

RE/MAX remained the market-share leader in listings sold and in buyer representation across the metropolitan Chicago real estate market area during 2008. RE/MAX agents listed one of every five residences sold in the Chicago metropolitan area, or19.7 percent of the total. They also represented the buyers in 16.4 percent of all residential transactions.