RE/MAX Continues Worldwide Growth
Company Adds South Korea to List of More Than 95 Countries
DENVER, April 24, 2014
DENVER, April 24, 2014 /PRNewswire/ -- Two leading real estate entrepreneurs
are the new owners of the RE/MAX master franchise in South Korea, as the
country becomes the newest addition to the RE/MAX global network.
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Heui Seong Shin and his long-time business partner, Yun Seok Choi, have
extensive real estate experience in South Korea and an aggressive plan for
growth. The new venture increases the significant RE/MAX presence in Asia,
further solidifying the largest global reach of all U.S. real estate
"We're especially pleased to have the opportunity to partner with two owners
who have the experience and dedication to excellence that RE/MAX embodies,"
said Dave Liniger, RE/MAX Chairman and Co-Founder. "We know they will bring
the RE/MAX attention to customer service to the homebuyers and homeowners in
Shin holds a business degree from the University of Seoul.Choi is a retired
Corporal from the Korean army. The partners have a diverse background in real
estate, most recently managing their own commercial real estate company - Wide
Partners - one of the leaders in commercial real estate in Seoul.
"RE/MAX is a brand that is known and respected around the world," said Shin.
"We chose to go with RE/MAX because of the resources available at all levels,
whether you're an owner or an agent. We'll have all the support we need as we
Shin and Choi have a five-year plan to sell 50 office franchises and recruit
400 agents. The overall goal is to establish a 200-office and 3,000-agent
network in South Korea, home to over 48 million people.
"There's a reason that RE/MAX continues to grow around the world," said Choi.
"As a new franchise, we're already several steps ahead of our competition
because of the variety and number of resources that RE/MAX provides."
In 2013, RE/MAX held the top position among all real estate brands in two
prestigious franchise rankings, the Franchise Times Top 200 and the
Entrepreneur magazine's Franchise 500. And, for the sixth time in a row,
RE/MAX was named one of the Top 50 Franchises for Minorities by the National
Minority Franchising Initiative through the World Franchising Network.
The regional RE/MAX Korea office is located in Seoul, South Korea's capital
and its political, commercial, industrial and cultural hub.
RE/MAX has a presence in more than 95 countries, a global reach greater than
any competitor. With more than 6,300 independently owned and operated offices
around the world and a sales force of over 93,000 sales associates, RE/MAX
offers buyers and sellers the experience and knowledge of the most productive
professionals in the real estate industry.
For more information about RE/MAX global listings, please visit:
For more information, to view millions of home listings or to find an agent in
your community, please visit www.remax.comor www.joinremax.com.
About the RE/MAX Network:
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative,
entrepreneurial culture affording its agents and franchisees the flexibility
to operate their businesses with great independence. Over 93,000 agents
provide RE/MAX a global reach of more than 95 countries. Nobody sells more
real estate than RE/MAX.
RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage
services, is a subsidiary of RE/MAX Holdings, Inc. (NYSE:RMAX).
With a passion for the communities in which its agents live and work, RE/MAX
is proud to have raised more than $130 million for Children's Miracle Network
Hospitals^®, Susan G. Komen^® and other charities.
For more information about RE/MAX, to search home listings or find an agent in
your community, please visitwww.remax.com.
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SOURCE RE/MAX LLC
Contact: Shaun White, Vice President, Public Relations, RE/MAX LLC,
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