“Historically, an election year at a time of national economic growth leads to increased consumer confidence, which has a positive impact on the market,” says the Baird & Warner executive.
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Stephen Baird, president and CEO of Baird & Warner Real Estate, which claims to be the oldest real estate brokerage in the U.S., hopes he can pass the firm on to the sixth Baird generation. Whether Baird’s daughter, Abigail, 30, or his nephew, Wyllys, late 30s, end up succeeding him at the helm of the Chicago-based firm when he’s ready to go will depend on their competence, not just their blood. Baird, 62, took over the firm from his father, John, in the early ’90s at around age 40.
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The mysterious “Upstream” broker initiative is finally coming out of the closet and it’s doing so in a big way. UpstreamRE LLC and the 1 million-member National Association of Realtors have signed a letter of intent to form a partnership, pending approval from NAR’s board of directors on Saturday.