About Us

RE/MAX Commonwealth Companies

The RE/MAX Commonwealth Companies are independently owned and operated franchises of RE/MAX International, a national organization with over 5,300 franchised offices and over 100,000 associates. Established in 1973 as an alternative for top producing agents, RE/MAX has revolutionized the industry and is leading it into the future with energy and vision. The premise behind RE/MAX success is simple – a flat fee structure for associates that gives more commission dollars to top producers, but marginal or part-time agents cannot afford to pay.

Youngblood Realtors formed RE/MAX Commonwealth Group early in 1994 with the acquisition of RE/MAX Executives, the first RE/MAX franchise in the Richmond area, a long-established independent brokerage. Youngblood’s President and owner, Boyd Youngblood Smith, became the principal owner and president of RE/MAX Commonwealth Group.

RE/MAX Commonwealth is one of the RE/MAX Commonwealth Companies with two locations in Henrico County, Glen Forest Drive and Short Pump, as well as our offices at 1520 Huguenot Road, 9401 Courthouse Road in Chesterfield and 3430 Anderson Highway in Powhatan. The RE/MAX Commonwealth Companies had combined sales of over $894,000,000 in 2005, easily making them the top RE/MAX in Central Virginia and one of Richmond’s leading companies.

RE/MAX real estate professionals are the best in the United States, outselling other real estate agents by a three-to-one margin. RE/MAX leads the real estate industry in sales, in average years of experience and in professional designations per associate. ENTREPRENEUR Magazine named RE/MAX International as the fastest-growing real estate franchise of 1997.

Whatever your real estate needs, the RE/MAX Commonwealth Companies have the experienced sales professionals to do the right job. Our associates have the benefit of top staff and the latest technology designed to assist our clients and customers with all their real estate needs in Richmond and around the world.

By choosing a real estate company whose name is an acronym for “real estate maximums,” you are choosing a company that offers maximum efforts, maximum assistance and maximum support. You can feel confident that the RE/MAX Commonwealth Company Associates will handle all of your transactions in a professional, efficient and trustworthy manner.

According to the the National Association of Realtors®, “distressed homes” represented nearly 2 of every fifth home sold in January 2010.  Clearly, real estate investors in Chester and around the country are taking advantage of good deals on cheap property.  But there’s risk involved.

This NBC Today Show interview first ran in March 2009, featuring real estate expert Barbara Corcoran. Despite its age, the message remains relevant. Today may be a terrific time to buy a bank-owned home — just make sure you do your research first.  There’s plenty of ways for investors to get burned.

Some of the tips in the video include:

• Buy in your own backyard
• Start small, then build to a bigger portfolio
• Watch receipts — rent rolls don’t matter if tenants aren’t paying rent

Corcoran also gives pointers on how to evaluate a prospective tenant.

Foreclosures should represent a large number of 2010’s total home sales and will offer interesting opportunities to bona fide real estate investors. Before you jump in, make sure to watch the video. The rents you save may be your own.

Remember, the stats and the data are from 12 months ago, but the advice stays meaningful.