Wednesday, August 29, 2012

RE/MAX Enters China, Hong Kong and Macau


After months of negotiation, franchise rights have been sold for China, which includes the mainland, Hong Kong and Macau. 


With this new international region, RE/MAX now has a presence in more than 85 countries.
The new RE/MAX China ownership group is based in Hong Kong and has extensive experience in real estate, banking, finance and franchising. They recently visited RE/MAX World Headquarters in Denver to finalize agreement details and participate in a flag-raising ceremony.

The new owners say they believe the value and professionalism of the RE/MAX brand will be well-received by Chinese consumers. With more than 1.3 billion people and a strong economy, China is a welcome addition to the RE/MAX network. 

This expansion is a fantastic opportunity for you to build cross-border business with other agents, as well as market your listings to potential Chinese buyers. The first RE/MAX offices are expected to open in China within the first quarter of 2013, and the China operations headquarters will be located in Beijing.

The recently launched global.remax.com now features nearly 650,000 listings from around the world, and 25 percent of the site's visitors are from China. The site is popular with international users because it allows them to search in their own language and currency.
If you know anyone who might be interested in purchasing a master region or office in China, please direct them to email the Global Franchise and Business Solutions Team at globaldev@remax.com.

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