RE/MAX has a yen for Japan

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Highlights:

  • RE/MAX expands into Japan.
  • RE/MAX has a local franchise and regional franchise in Japan.
  • Japan seen as a growth market.
RE/MAX is growing fast in Japan.

RE/MAX is growing fast in Japan.

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.

RE/MAX Japan is expected to grow quickly.

RE/MAX Japan is expected to grow quickly.

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.

Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by 8z Real Estate. If you would like to be a sponsor of InsideRealEstateNews, please contact John Rebchook at JRCHOOK@gmail.com or 303-945-6865. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

 

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John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

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