Re/Max Smart, which has been operational in Satu-Mare since January 2018, is held by Nicolae Varga and has engulfed nearly EUR5,000 so far, which will be complemented by office branding-related costs.
Re/Max Smart currently has a five-member team and its founder plans to hire ten agents in the next six months.
The Re/Max Magnum unit in Bucharest, which entered the company’s franchise portfolio at the beginning of 2018 too, will focus on representing developers’ real estate projects during the sales process, according to Catalin Cornescu, Broker/Owner Re/Max Magnum.
Re/Max brokered over 1,500 deals in 2017, 50% more than in 2016, and its turnover from commissions grew 30% on the year, to over EUR2 million.