… after working here for 25 years, this office is more than a business, it’s like family.
ELGIN, Ill. (PRWEB)
June 29, 2017
Paulette Peiffer, long-time operations manager for RE/MAX Excels in Geneva, Ill., recently joined Hank Erwin as a co-owner of that brokerage, which is one of the leading real estate firms in the Fox Valley.
Peiffer, a resident of Batavia, Ill., purchased the ownership interest of Chris Hansen, who along with Erwin acquired the office in 1999. Hansen will remain affiliated with the office as a broker but wanted to step away from his management responsibilities.
“When Chris approached me with the idea of buying his interest, it was a complete surprise, but I also saw it as a wonderful opportunity,” said Peiffer. “For me, after working here for 25 years, this office is more than a business, it’s like family. I like maintaining that atmosphere and the team we have now.”
RE/MAX Excels currently has 40 affiliated brokers and a support staff of six. It has long been a central factor in RE/MAX’s leadership of the Fox Valley real estate market. In 2016, RE/MAX was number one with a 25 percent market share, nearly twice that of its closest competitor.
One major change that the new ownership team is pursuing is a potential move to a new and larger office. Otherwise, Erwin and Peiffer plan to continue dividing the managerial responsibilities as they have in recent years, with Erwin acting as managing broker handling the sales side of the business and Pfeiffer in charge of all the support services and accounting functions.
“Having worked with Paulette for so many years makes this about the…