- RE/MAX expands into Japan.
- RE/MAX has a local franchise and regional franchise in Japan.
- Japan seen as a growth market.
Denver-based RE/MAX is quickly expanding into the Land of the Rising Sun.
RE/MAX Japan, a master franchise, has opened its first office franchise, in Tokyo. It also sold its first regional franchise in Japan, RE/MAX OSAKA, which includes Japan’s third largest city.
“RE/MAX Japan was established just last year and it’s incredible to see the franchise continue to grow so quickly,” said Dave Liniger, CEO, chairman co-founder of RE/MAX,LLC.
“We respect the group’s hard work and dedication to expanding RE/MAX Japan and its quality customer service for Japanese homebuyers and sellers,” Liniger continued. “We look forward to what opportunities are to come.”
Regional franchise RE/MAX OSAKA was sold to 12M Co. and began operations in January.
The regional owners are planning to grow its operations by creating an effective team atmosphere through a “manager and players” method, as opposed to the traditional Japanese format of “employer and employees.”
RE/MAX OSAKA plans to open eight offices in its first year.
With the second largest economic base in Japan, Osaka was seen as ideally suited for expanding RE/MAX Japan because of increasing interest by foreign investors.
Recent industry data indicates that the area’s real estate market has significantly improved over the past two years. According to a recent report by the Urban Land Institute and PwC, Osaka was ranked as the third most attractive real estate investment market in the Asia-Pacific region.
RE/MAX Properties Interface, the first franchise office opened by RE/MAX Japan, is in the heart of Tokyo.
he office is managed by Norihiko Hirose, president and CEO of International Interface Co. Ltd., which operates RE/MAX Properties Interface.
RE/MAX Properties Interface conducts business in more than 30 languages. Languages include Japanese, English, Chinese and Korean.
As a full service brokerage with access to the worldwide RE/MAX network, RE/MAX Properties Interface offers real estate opportunities in both domestic and international markets.
RE/MAX Japan is in Tokyo and is locally operated by IKEZOE Co. The master franchise is expanding throughout Japan, and is currently seeking additional regional and office franchise owners.
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