H. James Litten

Last updated

H. James Litten
Born
Dayton, Ohio
Alma mater Ohio University
Occupations
Known forPresident of F.C. Tucker Company
Website Official Company Website

H. James "Jim" Litten is an American business executive and real estate broker who is the current President of the F.C. Tucker Company in Indianapolis, Indiana. [1] [2] He is the only chief executive in the company's 97-year history to not be in the Tucker family. [3] [4] [5] In 2005, the Metropolitan Indianapolis Board of Realtors named Litten the "Distinguished Realtor of the Year." [6]

Contents

Early life and education

Litten was born in Dayton, Ohio and grew up in Martins Ferry, Ohio on the Ohio River. His father was a salesman for an oil company. Litten's first job came at age 15 and involved delivering groceries for a grocery store in Bridgeport, Ohio. Litten went to Ohio University on a football scholarship where he studied physical education. After graduating from college in 1966, his intent was to become a football coach. [7] In 1969 and 1970 he spent a tour of duty in Vietnam as a company commander in an Army postal unit. He earned a Bronze Star for his service and achieved the rank of lieutenant. [8] [9]

Career

Litten began his career in real estate in 1972 as a residential sales associate at the F.C. Tucker Company. After working through the ranks of the company, Litten became co-owner in 1986 (along with Fred C. Tucker III and David Goodrich) after Fred C. "Bud" Tucker Jr. retired. [7] [10] Litten also became the president of the company's residential real estate services division. [1] Under Litten and Tucker III's tenure, the company maintained an increased focus on residential real estate. [11] [12] They oversaw the 1998 sale of the commercial division of F.C. Tucker to Colliers Turley Martin, a commercial real estate firm based in St. Louis. [13] [14]

Even so, F.C. Tucker remained Indiana's largest independent real estate brokerage. In 2001, the company had more than $2.1 billion in sales revenue. A survey by REAL Trends named F.C. Tucker the 12th-largest regional brand in the nation. [15] The Metropolitan Indianapolis Board of Realtors called Litten the "Distinguished Realtor of the Year" in 2005. [7] In 2010, Fred C. Tucker III retired, and Litten bought out his stake in the company, becoming sole owner and president of F.C. Tucker and all eight of its divisions. [3] As co-owners, Tucker III and Litten helped increase annual revenue from $300 million in 1986 to $2.2 billion in 2009. Litten remains president of the company as of 2015. [7] [2] In 2013, Litten was named to the Swanepoel Power 200 list as one of the most powerful people in real estate, [16] and as of 2015 the company has grown to 1,500 agents with $3.2 billion in sales. [17]

Personal life

Litten has a wife, Tami, along with four children: Penny, Amy, Jill, and A.J. [9]

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References

  1. 1 2 Olson, Scott (March 23, 2010). "Longtime F.C. Tucker president retiring". Indianapolis Business Journal . Retrieved August 25, 2015.
  2. 1 2 "Indy-area home sales hit 4-percent skid in May". Indianapolis Business Journal . June 18, 2015. Retrieved August 25, 2015.
  3. 1 2 Wersich, Carol (March 23, 2010). "F.C. Tucker Co. president to retire". Evansville Courier & Press . Retrieved August 25, 2015.
  4. ↑ Swiatek, Jeff (March 23, 2010). "Fred Tucker retiring from F.C. Tucker Co". The Indianapolis Star . Retrieved August 25, 2015.
  5. ↑ "Fred C. Tucker III '69 Announces Retirement Plans". Depauw University. March 23, 2010. Retrieved August 25, 2015.
  6. ↑ Dmitrovich, Nick (March 23, 2010). "Fred Tucker Retires". Building Indiana. Archived from the original on March 5, 2016. Retrieved August 23, 2015.
  7. 1 2 3 4 Seeds, Dennis (February 1, 2003). "Jim Litten gets the players at F.C. Tucker Co. to put on a game face every day". Smart Business. Retrieved August 25, 2015.
  8. ↑ King, Mason (February 24, 2011). "LEADING QUESTIONS: Real estate maven keeps swinging". Indianapolis Business Journal . Retrieved August 25, 2015.
  9. 1 2 "Board of Directors Candidates". Meridian Hills Country Club. 2011. Retrieved August 25, 2015.
  10. ↑ Bodenhamer, David J.; Robert G. Barrows (November 1, 1994). The Encyclopedia of Indianapolis (1 ed.). Indiana University Press. ISBN   978-0253312228.
  11. ↑ "Dramatic Developments". Indianapolis Monthly . September 2000. Retrieved August 25, 2015.
  12. ↑ Flynn, Elizabeth (May 2000). "Tempting Target". Indianapolis Monthly . Retrieved August 25, 2015.
  13. ↑ "Tucker commercial branch defends turf with merger". Indianapolis Business Journal . December 28, 1998. Archived from the original on October 18, 2016. Retrieved August 25, 2015.
  14. ↑ "Tucker deal gives stake in new firm to staffers". Indianapolis Business Journal . March 16, 1998. Archived from the original on October 18, 2016. Retrieved August 25, 2015.
  15. ↑ "F.C. Tucker Receives National Ranking For Largest Real Estate Firms". Inside Indiana Business. September 12, 2002. Retrieved August 25, 2015.[ permanent dead link ]
  16. ↑ "Records – Feb. 3, 2014". Indianapolis Business Journal. February 1, 2014. Retrieved October 7, 2015.
  17. ↑ "About us". Talk to Tucker website. Retrieved October 7, 2015.
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