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Realty Executives is one of the most closely followed real estate franchises in the world. In 1965, the firm 1st drew attention as the originator of the 100 percent commission concept. Today, phenomenal franchise growth and an exceptional franchise development strategy are creating even more interest in Realty Executives. Since its dramatic beginning in Phoenix, Arizona, more than thirty five years ago, the firm has become one of the fastest developing franchises in any industry. Realty Executives only started its aggressive franchise expansion in 1987. In 1988, there were 31 franchises and just 624 agents.