Lim, who vacated the presidency of Christie’s Worldwide Actual Property in 2023, might be tasked with rising RE/MAX at a time when the brokerage has struggled with falling income and U.S. agent depend.
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Simply days after RE/MAX revealed that Amy Lessinger was stepping down from her position as president, the corporate has introduced that business veteran Chris Lim is coming onboard as chief development officer.
In an announcement, RE/MAX described Lim as a “visionary” and stated that his first day might be Feb. 3. Along with serving as chief development officer, Lim may also maintain the title of government vp. The assertion describes Lim’s position as overseeing “the teams dedicated to supporting franchise growth” and strengthening “U.S. company-owned regions.”
“Lim’s role is a key part of the company’s ongoing commitment to evolve, adapt and further solidify the brand’s position as a leader in the real estate industry,” the assertion provides.
Lim himself stated within the assertion that he’s “thrilled to join the RE/MAX team and help shape the future of this iconic brand.”
“The future of the real estate landscape is about innovation, growth and adaptability, and the best is yet to come for RE/MAX as we lead the way,” Lim continued. “I look forward to working with our franchisees and agents to drive growth strategies across the network.”
Most not too long ago, Lim served as president of Christie’s Worldwide Actual Property for 2 years, ending in December 2023. Previous to that, he served as head of name development at @properties (which acquired Christie’s in 2021), model president at Wherever (when it was known as Realogy), and founder, CEO and president of San Francisco-based Climb Actual Property.
In response to RE/MAX’s assertion Wednesday, Lim has labored in the true property business for greater than 22 years.
Lim joins RE/MAX at a crucial time for the model. Simply final week, the corporate revealed that Lessinger was stepping down after lower than a 12 months on the job. The resignation got here after nine-consecutive quarters of falling income. RE/MAX has additionally shed U.S. brokers in latest quarters — regardless of Lessinger saying one in every of her priorities was “stabilizing and growing U.S. agent count.”
Lessinger’s resignation was additionally simply the most recent in a string of government shakeups up to now 12 months.
Lim consequently has his work minimize out for him. As chief development officer tasked with “supporting franchise growth,” he’ll presumably be tasked with reversing losses that in the end vanquished different executives.
For its half, although, RE/MAX expressed pleasure and optimism about Lim’s arrival. In its assertion, the corporate famous that Lim “played a key role in accelerating” Christie’s model development, together with internationally. And Erik Carlson, the comparatively new CEO of mother or father firm RE/MAX Holdings, stated Lim “brings a unique combination of strategic insight, operational excellence and relationship-building to the table.”
“His unique and expansive experience will be invaluable as we continue to expand the RE/MAX footprint and provide even more support to affiliates,” Carlson added. “He’s the right person to help us grow and lead the charge into the future.”