Kelowna, BC, February 14, 2019 – The SP200 (Swanepoel Power 200) has named RE/MAX of Western Canada’s Regional Executive Vice President, Elton Ash, the 69th most powerful person in real estate in it’s 2019 edition. Ash manages the regional operations for RE/MAX Western Canada, which has an approximate 35 per cent market share in the region, with 278 offices and 6,900 agents who do approximately $75 billion in annual sales. Ash joined RE/MAX in 1984 as an agent and assumed his current position in 2005.
The SP200 said “Despite a challenging business environment with competition from many well-funded new business models, RE/MAX grew revenues 11.4 percent in the first nine months of 2018 from the same period in 2017. In addition, it grew net income 32.2 percent to $20.8 million over the same period. Those expecting existing industry franchise giants such as RE/MAX to fade in the face of new competition are mistaken; RE/MAX is going strong marked by new energy and positive growth.”
In total, nine RE/MAX network leaders were recognized in the 2019 SP200 for their influence on residential real estate in North America:
Adam Contos, CEO, RE/MAX, LLC (#8)
Pamela Alexander, CEO, RE/MAX Integra, Canada, U.S., Europe (#37)
Walter Schneider, Co-Founder and President, RE/MAX Integra (#37)
Chad Ochsner, Broker/Owner, RE/MAX Alliance, Colorado and Oregon (#48)
Elton C. Ash, Regional Executive Vice President, RE/MAX of Western Canada (#69)
James O’Bryon, Co-Owner and CEO, RE/MAX Gold, California (#71)
Brenda Tushaus, CEO, RE/MAX Results, Minnesota and Wisconsin (#97)
Pierre Titley, Co-Founder and President, RE/MAX Quebec (#100)
Sandra A. Sanders, President, RE/MAX Estate Properties, California (#113)
The SP200 is the definitive ranking of residential real estate’s top leaders produced and published annually by the Swanepoel T3 Group. The full list can be found here. To produce the report each year, the company invests over 400 hours of research, debates, and deep analyses of numbers and charts, while candidly questioning what power really means. Leaders are evaluated on the position they hold, the decision-making power associated with that position, financial resources at their disposal, their organization’s significance and geographical reach, public announcements about upcoming changes, their tenure, and their personal influence on the industry.