RE/MAX COMMERCIAL® Expands Globally

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First All-Commercial Office Opens in Latin America, Commercial Divisions open in Spain and Belize

DENVER, CO – September 1, 2011 – (RealEstateRama) — RE/MAX Commercial®, a division of the Denver-based franchise company RE/MAX, LLC, continues to expand, opening its first commercial-only office in Latin America in Bogota, Columbia. Also, two new commercial divisions were added in Spain and Belize.

RE/MAX Commercial is ranked in National Real Estate Investor (NREI) magazine’s Top 25 list of commercial brokerage networks and continues to build in prominence.

“RE/MAX is a global name and RE/MAX Commercial is a natural expansion for our offices in the U.S. and overseas, given the opportunity in many markets,” said Mike Reagan, RE/MAX Senior Vice President, Business Alliances. “It’s a specialized trade and our trained agents are bringing sophistication to the way commercial real estate is practiced in Latin America and in Spain and Belize. We couldn’t be more excited to share our commercial expertise with other countries and territories.”

Columbia has been experiencing growth and expansion during the last few years in mining, retail, tourism and import and export trade because of new commercial trade agreements. The new RE/MAX commercial-only office in Columbia is the network’s first in Latin America. It increases the number of commercial practitioners available to serve investors and other commercial buyers and sellers.

“No other company in the world is better equipped to deliver the services, resources and tools to help investors take advantage of the opportunities in Columbia,” said Francisco Paillie, Regional Director of RE/MAX Columbia.

RE/MAX Isla Bonita, owned by John Turley, opened a commercial division in its office in San Pedro, Ambergris Caye, Belize. The office now has eight active agents. And RE/MAX Invest in Madrid, Spain, owned by Javier Ochoa Sierra and Pelayo Goizueta Saez de Heredia, also opened a commercial division in an office that has seven agents.

The RE/MAX Commercial global network has been experiencing a great deal of growth and has expanded into 42 countries with approximately 3,000 commercial practitioners and over 300 offices and divisions combined. In 2010, RE/MAX agents closed over $5.1 billion in investment sales and leasing transactions, which put them into the ranks of the world’s premier commercial companies.

RE/MAX Commercial has the most Certified Commercial Investment Member (CCIM) designees in Canada and one of the largest CCIM contingents in the industry. Many of these elite RE/MAX Commercial practitioners will be gathering at the company’s Denver headquarters in September for the annual RE/MAX Commercial Symposium.

For more information about RE/MAX Commercial or to find a RE/MAX Commercial practitioner, visit www.remaxcommercial.com.

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RE/MAX Commercial Video: “Did You Know? The RE/MAX Commercial Real Estate Edition.”

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About RE/MAX Commercial®

RE/MAX Commercial, a division of the Denver-based real estate franchisor, RE/MAX LLC, has a Global Network of commercial practitioners who close billions of dollars in sales and lease volume each year. Experience, knowledge and training are trademarks of RE/MAX Commercial, and its prominence in this sector of the real estate industry is driven by global brand recognition and high performance in the marketplace. Nobody in the world sells more real estate than RE/MAX.

Please visit www.remaxcommercial.com.

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