RE/MAX Sells Australia and New Zealand Regions

by Andrew Gmerek
December 06, 2012


Vinnie Tracey

"This is the right team at the right time to take RE/MAX to the next level of success."

Shaun White
Vice President, Public Relations
P: (303) 796-3667
E: [email protected]

(BRISBANE, QLD) – The global real estate franchisor RE/MAX, LLC is transferring the RE/MAX Australia and RE/MAX New Zealand master franchises to a local ownership group. As of December 1, the two regions will be owned and operated by a group led by the current RE/MAX Australia Managing Director, Michael Davoren.

"This is the right team at the right time to take RE/MAX to the next level of success in Australia and New Zealand," said RE/MAX LLC President Vinnie Tracey. "We are sure that Michael and his team will do what so many RE/MAX franchise owners around the world have done, combine their local expertise with the power of a global brand to provide the highest level of customer service."

Davoren was named Managing Director of RE/MAX Australia in October 2011 and has an extensive career built in numerous aspects of real estate over a 30- year period. He has served as President of both the Real Estate Institute of Australia (REIA) and the Real Estate Institute of Queensland (REIQ).

"We have a very entrepreneurial attitude, and aim to double the number of RE/MAX offices in Australia and New Zealand," said Davoren. "Our team has the experience to offer Australians and New Zealanders the highest level of customer service."

The two new regions will continue to be managed from their current headquarters in Brisbane and Auckland. RE/MAX Australia will include six states and the Northern Territory. RE/MAX Western Australia, a separate region, is headquartered in Perth and is owned and operated by Geoff Baldwin, a longtime local real estate professional.

Davoren is joined by minority owners Keith Walker, the current RE/MAX Australia Franchise Director and Chris Chapman, the current RE/MAX New Zealand Regional Director.

"Our new ownership team and entire regional staff is committed to bringing a new energy and excitement to our work, and providing our brokers, agents and customers with the world class service that RE/MAX is famous for," Davoren added.

RE/MAX first came to Australia in 1996 and has grown to include 61 offices with 511 real estate professionals. Thirteen RE/MAX Australia agents are among the organization's global elite, named to the International Top 100 list so far in 2012.

The RE/MAX New Zealand region was established in 2003 and now consists of 47 offices and 358 agents. Eight agents from the RE/MAX New Zealand region are listed on the Top 100 international ranking.

In 2011, the website was launched, providing nearly 700,000 international listings in over 65 countries. Consumers around the world can search for real estate in 32 languages, with prices provided in more than 30 currencies.

RE/MAX is distinguished around the world for its comprehensive and innovative training platform, RE/MAX University, which has won numerous international awards. Sophisticated training is one reason why RE/MAX agents often outperform their competitors, and why the company attracts many top- performing agents.

Nobody in the world sells more real estate than RE/MAX.

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