CHICAGO, Feb. 24, 2016 /PRNewswire/ -- The RE/MAX Northern Illinois real estate network reports that the sales volume generated by its brokers increased sharply in 2015. Total sales volume for the year was $8.6 billion, which translates to a 13 percent increase from the 2014 total.
The number of transactions closed by RE/MAX agents last year also increased. The 2015 total topped 40,600, over 9 percent more than the prior year.
"Our brokers had a very strong year, even when compared to the general real estate marketplace," said Jim Merrion, the RE/MAX network's regional director. "The number of homes sold in the Chicago metro area, for example, rose just 7 percent last year."
Merrion attributed the increase to the exceptional productivity of RE/MAX brokers. In the RE/MAX Northern Illinois real estate network, the brokers averaged 18 closed transactions each in 2015, up from 17 in 2014. In comparison, REAL Trends magazine reported that in 2014, residential brokers affiliated with other leading real estate brands closed an average of 7.8 transactions.
RE/MAX has been the leader in the northern Illinois real estate market since 1989 and is continually growing. The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of more than 2,250 sales associates and 105 independently owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services. Its mobile real estate app, available for download at www.illinoisproperty.com, provides comprehensive information about residential and commercial property for sale in the region. The northern Illinois network is part of RE/MAX, a global real estate organization with 100,000+ sales associates in 90+ nations.
RE/MAX Northern Illinois
SOURCE RE/MAX Northern Illinois