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Broker/Owner Tim Binning, |
“We are especially pleased with this expansion, our second this year, because we’re confident it will make our Bloomingdale operation the dominant real estate office in the northwest DuPage County market area that includes Carol Stream, Glendale Heights, Bartlett and Hanover Park, along with Bloomingdale,” said Tim Binning, broker/owner of RE/MAX All Pro. Earlier this year, Binning’s firm acquired RE/MAX Great American North in St. Charles, Illinois.
Twenty-two agents from RE/MAX Accord, including broker/owner Terry White, relocated to the RE/MAX All Pro office at 450 W. Army Trail Road, bringing the total agent count at the office to 49. In addition, the firm has 40 other agents divided between the St. Charles office and another location in Sugar Grove, IL, which added 15 agents earlier this year.
“These steps have allowed us to triple our agent count since the beginning of the year from 30 to 90 professionals. That leaves us well positioned to increase our market share as home sales trend upward again, which they are starting to do,” Binning said, who acquired RE/MAX All Pro in Bloomingdale in 1997.
Binning reports that the residential market in northwest DuPage County has been looking stronger for the last four or five months.
“Pending sales have been increasing each month, which means buyers are returning to the market in greater numbers,” he said. “We attribute that to the improved affordability of homes today, which is created by a combination of somewhat lower prices and extremely attractive mortgage interest rates. Another factor, of course, has been the tax credit available to first-time buyers, which expires at the end of November.”
