RE/MAX is a 37 year old leading franchising company in Real Estate having headquartered in Denver with 7000 plus offices and a presence in 80 countries. It provides a platform for real estate for real estate agent to earn as much as possible because of its highest commission model. The concept is so beautiful that it helps an agent to earn up to 100% commission. The business today is having one of the best technology and well trained staff which led to a continuous 30year growth in Real Estate across the globe.
It provides an opportunity to generate international referrals and new phenomenon of cross country selling via organized profitable business model. It has brought in concepts like educatory systems value added services for all real estate needs. RE/MAX forayed into India in February 2009. It has grown remarkably in one year in 21 regions across 14 states with over 50 offices. The country operations currently head by CMD Samir Sam Chopra who is having a background of various businesses. His vision is to have 500 offices in 5 years with 5000 agents.
Do though been the 5th largest state by population in India, Andhra Pradesh is widely known as IT Destination with old and ethnic charms. It’s important business cities are Hyderabad, Vishakhapatnam, Vijayawada, Tirupati, Rajamandary, Guntur, Kurnool, Anantapoor, and Nizamabad.90’s saw a boom in NRI population working in U.S.A, U.K, Canada and Europe. Thus giving increased business opportunities for reality sector. Our vision at RE/MAX to penetrate through important District by combination of local market knowledge with the valued brand.
With the launch of RE/MAX in Andhra Pradesh in April, A. Balajee Kumar, Master Franchisee RE/MAX Hyderabad quotes that “we will be able to provide a platform for all the real estate professionals for grow together and achieve maximum.” The region also covers Rest of Andhra Pradesh which is jointly held by Mr.Cherian Matthew who is an eminent Real Estate businessman and consultant from Bangalore. As industry is right now in early recovery stage RE/MAX Broker Office stationed at various parts of city and state provides an opportunity to the large NRI population in the state and a brand and recognition to Real Estate professionals.
A Broker Office is a kind of one stop shop for all realty needs which is a network to 7000 offices across the globe and provides Value Added Services like property management services, leasing, finance, home loans, legal and training.
The entire business model opens up a lot of revenue for the owners and the profits for real estate professionals which can work in a recession hit market as well. It will also streamline education and training courses for the fresher’s as well as experienced people to do more transactions and lead a successful life.
As more offices evolve in various cities in the state it will attract a lot of professionals, educated house wives, retired people and young business aspirants to work at offices as a professional. It will be a collaboration of different professional from Real Estate and Non Real Estate backgrounds to organize the unorganized industry.
– A. Balajee Kumar (Regional Director)