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 houses to Black individuals in areas that lenders and brokers marked as white solely. The struggle for Illinois laws over the matter would be a part of what finally increase the risk for 1967 federal Honest Housing Act. In 1991, John Baird's son, Stephen Baird, took over as president and then CEO from the brokerage.
The enterprise's legacy was honored at varied level corresponding to in 2005 when then Chicago Mayor Richard M. Daley declared March 28 “Baird & Warner Day,” along with a route alongside LaSalle Avenue was named “Baird & Warner Drive.”
However taken off a relic of the bygone period, Baird & Warner continues to be going absent any mergers, acquisitions, or change of their Chicago focus. The corporate may be the twenty sixth largest brokerage inside the nation by gross sales quantity, based on RealTrends 2022 figures, with $6.4 billion.
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The publish Is 166-year-old Baird & Warner forward of their time? appeared first on HousingWire.