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]

H. James Litten
Litten in 2022
Born
Dayton, Ohio
Alma materOhio University
Occupations
Known forPresident of F.C. Tucker Company
WebsiteOfficial Company Website

Early life and education

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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

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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

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

References

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  1. ^ a b Olson, Scott (March 23, 2010). "Longtime F.C. Tucker president retiring". Indianapolis Business Journal. Retrieved August 25, 2015.
  2. ^ a b "Indy-area home sales hit 4-percent skid in May". Indianapolis Business Journal. June 18, 2015. Retrieved August 25, 2015.
  3. ^ a b 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. Archived from the original on March 4, 2016. 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. ^ a b c d 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. ^ a b "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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