The Franchise Council of Australia has posthumously inducted real estate leader Maxwell Scott Raine into its Hall of Fame, an honour roll of individuals whose exceptional contributions have shaped the franchising industry.
Max Raine saw the potential of franchising the family-owned business in the early 1970s, enabling the Sydney-based firm to grow to an international network of more than 350 offices.
Today, Raine & Horne facilitates property transactions worth more than $10 billion annually, with operations across Australia, New Zealand, Fiji, Malaysia, India, and the UAE.
Max Raine inducted into elite FCA Hall of Fame
Roger Wilson OAM, Hall of Fame chair at the FCA. said Raine’s early embrace of franchising marked a turning point in the Australian real estate industry.
“His vision for the future of business and franchising helped shape Raine & Horne into the powerhouse it is today. By pioneering franchising within real estate and decentralising services through suburban offices, Max fundamentally changed how the industry operates.
“His leadership has left an enduring legacy that will continue to inspire future generations of real estate and franchise professionals,” Wilson said.
Beyond his business achievements, Max Raine was also a mentor and leader within the broader real estate and franchising communities.
Angus Raine, executive chairman of the fifth generation firm, accepted the award on his father’s behalf.
“This award is a testament to my father’s visionary leadership and his dedication to innovation. His passion for the business was evident in everything he did, and his early embrace of franchising set Raine & Horne on a course for remarkable growth. I am deeply honoured to accept this award on his behalf and continue the legacy he built.”
Raine is the 41st FCA Hall of Fame inductee. The honour roll includes franchisors such as Bakers Delight’s Lesley and Roger Gillespie; Paul Constantinou, founder of Quest Apartment Hotels; Poolwerx founder John O’Brien and Jim’s Group founder Jim Penman. It also honours influential experts in their field such as the Franchise Relationships Institute’s Greg Nathan and Norton Rose Fulbright partner Stephen Giles.
