Powered by MOMENTUM MEDIA
realestatebusiness logo
Home of the REB Top 100 Agents

Real estate giant expects to reach 50 agents per office

By James Mitchell
29 February 2016 | 10 minute read
growth 250 140

One of the biggest names in real estate is rapidly growing its footprint across the Australian market.

RE/MAX Australia will have opened five new offices by the end of 2016’s first quarter, with a sixth’s opening planned for 1 April.

Two New South Wales offices commenced this month, with RE/MAX One in the western Sydney suburb of Minchinbury and RE/MAX Coastal at Byron Bay.

A high-end office, RE/MAX Capital, opens in the ACT, in Kingston, while a new Victorian office, RE/MAX Property First, opens in Caulfield North in March.

The group’s south-east Queensland network has been will be bolstered with RE/MAX Masters opening in Coopers Plains in March and RE/MAX A1 in Ipswich on 1 April.

RE/MAX franchise director Joel Davoren said he has big expansion plans for 2016. Mr Davoren said RE/MAX will most likely be in 100 countries by the end of this quarter. In the 3,600 offices outside the United States, the average force is 40 to 50 agents, he said.

“We expect our Australian offices will follow this trend, as some are already doing,” Mr Davoren said.

“We have had a great start to the year with six new offices either opening or soon to open and more that are close.

==
==

“We have big plans for 2016 and whilst our growth across a number of states (and ACT) has been fantastic, we are putting just as much emphasis on helping our current franchisees grow their businesses.

“Our new training program, Momentum, is designed to help our business owners plan and recruit better than ever and we already seeing some outstanding results from the participants,” he said.

[Related: Franchise boss warns against tech obsession]

ABOUT THE AUTHOR


Do you have an industry update?
Subscribe
Subscribe to REB logo Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.