RE/MAX International, one of the largest real estate brokerage franchise companies, has expanded its international footprint into three new countries, Estonia, Latvia and Lithuania, the company announced Thursday.

The RE/MAX franchise network is a global real estate system with more than 5,800 independently owned offices and 113,000 sales associates.

The addition of franchises in these countries gives RE/MAX a presence in 61 countries across the globe.

Eythor Edvardsson, a native of Iceland is the new regional director for the three Baltic countries, which formerly were part of the Soviet Union.

“Through the years, my holiday travels to USA more often ended up in my exploring the real estate market. There I first came in contact with RE/MAX,” said Edvardsson.

Estonia, which borders the Baltic Sea and Gulf of Finland, has a population of 1.3 million.

Latvia, which borders the Baltic Sea between Estonia and Lithuania, has a population of 2.3 million.

Lithuania borders the Baltic Sea between Latvia and Russia and has a population of 3.6 million.

“Estonia, Latvia and Lithuania are very active and attractive markets that are growing fast with the help of foreign investments,” Edvardsson said.


Send tips or a Letter to the Editor to or call (510) 658-9252, ext. 133.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription