Internationally traded real estate franchise, Real Estate Maximums (RE/MAX) has joined the ranks of other top-notch companies that are eager to tap into Guyana’s lucrative oil market. On Tuesday, RE/MAX Guyana was launched at the Pegasus Hotel’s Sky Lounge.
The company was founded in 1973 and is branded one of the world’s leading franchises in the real estate industry, having an office presence in over 110 countries. These include the bordering neighbours to Guyana – Brazil, Venezuela and Suriname. Brazil alone has over 500 offices and Guyana was the only South American country without a RE/MAX franchise, until now.
What sparked interest in Guyana’s market was the need to bring organised real estate to the world’s most exciting exploration hotspot said Shiv Nisir, one of the Founders of RE/MAX Guyana.
“I’ve traveled back to Guyana from Canada many times since leaving my homeland nearly 40 years ago, and over time, I’ve seen the need for an organized, reputable real estate brand to come into Guyana to serve its homebuyers and sellers,” Misir shared.
With the influx of international brands, Fortune 500 regional head offices, and investment firms vying for an entry into Guyana, the company says it plans to offer world-class real estate professional service.
“RE/MAX can contribute to the economic development of this area, providing an invaluable real estate resource to locals as well as play an important role in raising the international profile of Guyana by attracting the attention of international clientele,” Misir said.
This same service will also be extended to local investors as well.
Minister of Finance, Dr. Ashni Singh lauded the company’s launch of operations in Guyana and remarked that with the country’s intended development, investors will be looking for “authentic and household names” that they can trust thus creating the perfect niche market.
The finance minister noted too that there are also other areas in the market that RE/MAX can tap into because “at no point in history has there ever been any more activity in this domestic space.”
“You are entering at an exciting time, so I welcome you to Guyana,” he continued.
The RE/MAX Guyana franchise is owned and controlled by three Guyanese, Shiv and Hemat Nisir and Heralall Naraine.
Their operations will be based out of an office at MovieTowne slated to be opened before the year is out.
