Baird & Warner President and CEO Stephen Baird
Baird & Warner lays declare to be the oldest U.S. brokerage nonetheless in operation, launching in 1855.
Within the Sixties, its then-executive John Baird tussled using the Nationwide Affiliation of Realtors (NAR) over that group's enforcement of redlining as Baird wanted to promote properties to Black folks in areas that lenders and brokers marked as white solely. The combat for Illinois laws over the matter was a a part of what finally increase the risk for 1967 federal Truthful Housing Act. In 1991, John Baird's son, Stephen Baird, had become the president and later CEO from the brokerage.
The enterprise's legacy was honored at numerous level akin to in 2005 when then Chicago Mayor Richard M. Daley declared March 28 “Baird & Warner Day,” and a route alongside LaSalle Road was named “Baird & Warner Drive.”
However removed from a relic of the bygone period, Baird & Warner remains going absent any mergers, acquisitions, or change of their Chicago focus. The organization may be the twenty sixth largest brokerage within the nation by gross sales quantity, consistent with RealTrends 2022 figures, with $6.4 billion.
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The submit Is 156-year-old Baird & Warner forward of its time? appeared first on HousingWire.