RE/MAX Franchise upbeat on Asia

RE/MAX, the international real estate brokerage franchise network, has expanded into eight States with 28 offices since April when it started operations in India. It is present in Delhi, Punjab, Chandigarh, Gujarat, Karnataka, Kerala, Maharashtra, Tamil Nadu and Andhra Pradesh.

According to a press release, RE/MAX International Vice-President, Mr. Larry Oberly, who addressed the first RE/MAX Winter Conference at Jim Corbett recently, said “the Asian markets are going to lead the next global boom in realty sector.” The event was the first meeting of about hundred RE/MAX associates from across the country to discuss the plans of the organisation under the mentorship of Mr Oberly and Mr Sam Chopra, Director, RE/MAX India.

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RE/MAX Franchise expands network in South India

RE/MAX, a US-based international property brokerage chain, is expanding its franchise network in the South India. It has firmed up a master regional franchise for Tamil Nadu (excluding Chennai, for which it finalised a franchisee in June 2009, as reported previously by Way2Franchise.com) and will soon expand into Andhra Pradesh, Goa and Gujarat.

According to Mr Sam Chopra, Director, RE/MAX India, and part of a group that operates the Indian master franchise, since its launch in April 2009. RE/MAX has tied up with regional franchisees in seven States representing 32 regions for RE/MAX. In the South it has expanded into Karnataka, Kerala and Tamil Nadu.

The RE/MAX Franchise is present in over 74 countries and 7,000 offices and aims to introduce a degree of professionalism and accountability into the business of real estate brokerage which is dominated by the unorganised sector. The key feature on which it builds its network is that, unlike the typical brokerage business, the major share of a commission in a property deal is left to the ground level associate rather than the top man.

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