RE/MAX Increases Its International Influence in Q1
Technology, Steady Growth Enhance Industry Leading Global Footprint
March 25, 2016 // Franchising.com // DENVER – Only a few short months into the new year, RE/MAX, LLC reached significant milestones that are expanding its international influence. As part of a continuing global initiative, two master franchise sales and an improved online experience for global.remax.com visitors kicked off the first quarter.
“RE/MAX is the most productive real estate network and we’re always looking for new, vibrant ways to expand international opportunities on behalf of our franchisees and consumers,” said Larry Oberly, Vice President, Global Development of RE/MAX, LLC. “Our growth around the world is due to the strength of the RE/MAX business model, which attracts entrepreneurial minded people with a variety of business backgrounds.”
In the first quarter of 2016, RE/MAX sold two master franchises in Malaysia and Myanmar. Andre Keller and Alex Gomez, Region Owners of RE/MAX Malaysia, are planning the opening of their first regional office in Kuala Lumpur. The duo plans to focus on working with younger professionals to provide career opportunities rooted in an innovative network, international brand power and advanced technology.
RE/MAX Myanmar co-Region Owners Joseph Khoo, Ken Lim, Stephen Lee, Darrit Cho and Kaung Myat are expecting to establish a regional office in Yangon, the country’s economic center. The group, with strong ties to RE/MAX Singapore, is looking forward to expanding the American-based franchise model, while creating higher professional standards within the local real estate community.
Late last month, the new global.remax.com was unveiled at the international RE/MAX R4 convention, which was attended by 6,000 Affiliates from 63 countries and territories.
In an effort to enhance the online user experience, a variety of user friendly functions were added. The responsive website now features properties in more than 80 countries and territories, in 43 languages and 57 currencies, an interactive map search capability and an option to search properties based on budget in addition to location. Global.remax.com also averages approximately 750,000 RE/MAX listings.
These recent global successes come on the heels of a successful 2015. Last year, four countries joined the RE/MAX network propelling the total number of RE/MAX agents outside the U.S. and Canada to over 25,000, an annual growth of 15.4 percent. RE/MAX has more offices, in more countries, than any other real estate brand.
About the RE/MAX Network
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 100,000 agents provide RE/MAX a global reach of nearly 100 countries. Nobody sells more real estate than RE/MAX, when measured by residential transaction sides.
RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a wholly-owned subsidiary of RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc. (NYSE:RMAX).
With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $150 million for Children’s Miracle Network Hospitals® and other charities.
For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit www.remax.com/newsroom.
SOURCE RE/MAX Network
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