RE / MAX is counting on a 40% increase in commissions from real estate in 2018

Estimated turnover for 2018 is 2.8 million euros, up 40% from the previous year

The company will continue to develop actions franchise RE / MAX in Romania and will increase by 50% the number of offices and agents.

RE / MAX Romania, part of the world leader in real estate and franchise number 1 globally in this segment, estimates a 40% increase in turnover in 2018 (up to 2.8 million) after 2017 saw a further advance of 25% of the financial results.

Total estimated value fees RE / MAX brokerage real will reach 2.8 million in 2018 (+ 40% vs. 2017), alongside the company targeting a 60% increase in the number of offices and agents.

The results of 2017, 2 million turnover, 22 offices, 200 agents and 14 franchise contracts signed for offices being opened, the company counts on a positive track of business.

In 2018, we consider a 50% increase in the number of offices and agents in line with our strategy of expansion and regarding the fees from transactions, targeting a 40% increase. Also this year we plan to proceed with development of franchise RE / MAX Romania, said Razvan Cuc, Director RE / MAX Romania.

Regarding the evolution of the real estate market in 2018, the company expects a moderate growth of 8% to the residential segment, focusing on core markets or cities representing Romania's economic poles. According to forecasts RE MAX market the most expensive and largest percentage increase will still be represented by Cluj-Napoca, while capital will remain the most interesting development pole in terms of volume both residential segment, and on the commercial.

In 2017, the RE / MAX real estate transactions brokered 1,500, up 50% from 2016 summed value of which is 70 million.

Business RE / MAX had a positive development in 2017 and we believe this trend will be maintained in the next period. The number of transactions brokered offices network RE / MAX Romania in 13 cities increased compared to the previous year, reaching more than 1,500 sales and rentals, accounting for 57% of total sales and 43% for rent & rdquo , added Razvan Cuc.

The top cities with most brokerage in 2017 is similar to the previous year, when most real estate transactions were made via offices in Cluj-Napoca and Bucharest, followed by that of Arad, who beat Brasov, located on third place in 2016.

In terms of the type of properties traded by the company, the share of the residential segment was 74% , the largest transaction was 1.5 million, for an apartment Bucharest, worth double the most expensive real estate traded in 2016. the remaining 26% were commercial centers (11%), tennis (10%) and industrial spaces (5%).

About RE / MAX
RE / MAX is a global leader in real estate, the number one global franchise in this segment. The company, founded in 1973 in Denver today has over 115,000 agents in 7,000 offices affiliates are in approx. 100 countries worldwide. in Europe, RE / MAX is present in 33 countries with over 1,600 offices and 17,000 agents, continuing to expand.