The announcement comes about six months after Bailey was changed as RE/MAX president by Amy Lessinger. At T3 Sixty, he’ll give attention to enterprise improvement, consulting and representing the agency at trade occasions.
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Nick Bailey, an trade veteran who beforehand served as CEO at RE/MAX and Century 21, has joined actual property consulting and analytics agency T3 Sixty as chief actual property officer, the corporate introduced on Thursday.
As chief actual property officer, Bailey will focus his efforts on enterprise improvement, enterprise-level consulting initiatives and representing T3 Sixty at trade occasions, a press launch defined.
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“Nick has proven capabilities leading brands and brokers to productive changes; this future-forward perspective is needed right now as the residential real estate industry re-engineers itself following the recent practice and business impacts of the compensation lawsuits,” Jack Miller, president and CEO of T3 Sixty, mentioned in an announcement.
Added Bailey, “T3 Sixty is an unparalleled leader in real estate solutions and transformation, offering objective best practices and innovative new thinking to brokerages wishing to drive meaningful change. With their focus on data-driven insights and strategies, there’s no better time to team up than now.”
Bailey’s profession in the true property trade has spanned practically 30 years. Most just lately, he served as RE/MAX’s president for about one 12 months after which held duel positions of president and CEO for about two years. Previous to that, he was the corporate’s chief buyer officer for about two years. He additionally spent a big portion of his early profession in regional administration positions at RE/MAX.
Bailey left RE/MAX in February and was changed by Amy Lessinger. On the time, few particulars have been shared in regards to the purpose for his departure.
Moreover, Bailey has served in government positions at Century 21 and Zillow. In all these most up-to-date government positions, Bailey performed a significant position in strategic development, brokerage operations, tech integration and agent productiveness.
This marks the primary time a T3 Sixty government has served as each president and CEO at two main, public franchisors, a press assertion famous. Bailey has been named one of many prime 100 most influential leaders within the trade by the Swanepoel Energy 200 rankings for the final 5 consecutive years, incomes tenth place this 12 months. He additionally acquired Inman Innovator awards in 2018 and 2021.
“I am deeply humbled by the incredible depth of experience and leadership we have amassed at T3 Sixty,” Stefan Swanepoel, government chairman and founding father of T3 Sixty, mentioned in an announcement. “Together, we are not only helping shape the future of our industry, but also ensuring that our clients have access to some of the most informed, forward-thinking guidance available.”
T3 Sixty opted to forgo the discharge of its Mega 1000 record this 12 months in response to the Nationwide Affiliation of Realtors (NAR) antitrust settlement. The record, usually launched yearly, ranks the U.S.’s prime 1000 largest brokerages by gross sales figures. Due to the litigation, the corporate had acquired a number of requests from brokerages to not be included on this 12 months’s rating.
