RE/MAX Sells Master Franchise – GuruFocus.com
Owners of new regions in Pakistan and Guyana are trying to use RE / MAX’s international presence to “bridge” their respective countries and the global audience of buyers and investors
DENVER, September 1, 2021
DENVER, September 1, 2021 / PRNewswire / – RE / MAX, LLC announced today that the sale of the master franchise rights in Pakistan to American International Partners, LLC, owned by Muhammad Saleem, Rafay Qamar and Imran Gondal, three ambitious and experienced entrepreneurs. With the sale, RE / MAX, which is already present in more countries and territories than any other real estate franchise brand, expands into the fifth most populous country in the world. The global real estate franchisor also announced that it is selling the master franchise rights in Guyana to Canadian RE / MAX veteran Shiv Misir and his two partners.
“As a business building company, RE / MAX is constantly striving to expand the opportunities for entrepreneurship around the globe,” says Shawna Gilbert, RE / MAX Vice President, Global Growth and Development. “We are delighted that the signature professionalism and unmatched service of RE / MAX agents are being brought to two new markets for property buyers and sellers.”
Corresponding Pakistan Co-owners of the Qamar region and its business partners are trying to bring new standards and ethics to a country where real estate is currently an unregulated industry. “Our mission is to facilitate the buying and selling process of real estate in Pakistan while increasing confidence and confidence during a transaction. “He says the decision to partner with RE / MAX was made” unanimously, “relying on the brand’s proven business systems and global reach.” RE / MAX is represented in countries all over the world, this enables us to develop a global network of potential customers, “says Qamar.
He adds that the educational resources and commitment to excellence that are at the core of RE / MAX culture will help open new opportunities for Pakistanis pursuing careers in real estate. “This will completely revolutionize the way real estate is practiced and currently viewed as a career Pakistan. “
Saleem, another co-owner of the region, says: “We want to build a bridge from east to west and create opportunities for Pakistanis who immigrated or were born in other markets and are interested in investing.” Pakistan Property. “
He went on to say that their plan is for the Global RE / MAX Listing website to be the first and only authentic source of information in Pakistan and “to become # 1 in market share Pakistan. “
Imran, another Pakistan Co-owner of the area, believes RE / MAX will be the first real estate franchise to hit the Pakistan. “This is our opportunity to introduce one of the largest real estate brands Pakistan“, he says. “Due to the lack of regulation, there is currently a mistrust of the real estate industry among Pakistanis. We want to help people feel safe and comfortable in their real estate transactions and we knew we needed a well-known brand like RE / MAX to make that happen. “
“At the moment, in Pakistan Anyone can be a broker – you can sell tea in the morning and sell real estate at night, ”says Imran. “We want to make real estate a respected profession through education and training, and the RE / MAX brand will help us do that.”
The grand opening of RE / MAX of Pakistan Headquarters in Lahore is currently planned for autumn, with the group anticipating the opening of the first franchises in spring 2022.
The cooperative republic Guyana is located in the northeast corner of South America. Until now, Guyana was the only South American country without a RE / MAX presence.
Shiv Misir, Canadian partner in the RE / MAX Guyana Master Franchise and Guyana born, had long hoped to put his decades of real estate knowledge to the service of his former home. “I traveled back Guyana from Canada I’ve seen many times since leaving my home country nearly 40 years ago, and over time I’ve seen the need to develop an organized, reputable real estate brand Guyana to serve its home buyers and sellers, “says Misir.” RE / MAX can contribute to the economic development of this area by providing the locals with an invaluable real estate resource and an important role in raising the international profile of Guyana by drawing the attention of international customers to this beautiful country. “
The RE / MAX Master Franchise’s first entry into Guyana is expected to end September 2021 in the capital of Georgetown.
Via the RE / MAX network
As one of the world’s leading real estate franchisors, RE / MAX, LLC is a subsidiary of RE / MAX Holdings (NYSE: RMAX) with nearly 140,000 agents in more than 110 countries and territories. Nobody in the world sells more properties than RE / MAX when measured by residential transaction pages. RE / MAX was founded in 1973 by Dave and Gail Liniger with an innovative, entrepreneurial culture that allows its agents and franchisees the flexibility to run their businesses with great independence. RE / MAX agents have lived, worked, and served in their local communities for decades, raising millions of dollars each year for Children’s Miracle Network Hospitals® and other charities. Visit www.remax.com to learn more about RE / MAX, browse housing listings, or find a representative in your community. For the latest news about RE / MAX, please visit news.remax.com.
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SOURCE RE / MAX, LLC