The RE/MAX International real estate franchise system has expanded in Europe, as the company on Friday announced the sale of franchising rights for Hungary and Romania.

Balázs Posta and Bence Kesthely have purchased the rights for RE/MAX franchising in Hungary and will serve as co-region owners and regional directors.

Posta has worked numerous years in the real estate industry as a developer and in the mortgage business and holds TEGOVA, the European real estate certification, and FÜTI Omega, the Realtor and surveyor certification. Kesthely, who is fluent in English, German and Hungarian, has worked both in commercial real estate and in the commercial printing industry, and also holds FÜTI Omega.

Franchising rights for RE/MAX offices in Romania have been purchased by two associates currently based in Canada. Adrian Sischin, a native of Romania, along with Gabriel Bianchi, a 20-year veteran of the real estate industry, are the new co-region owners of RE/MAX Romania. Both are affiliated with RE/MAX Premier in Toronto where Bianchi is the broker/owner. They will temporarily operate from Canada with plans to relocate the regional operations to Romania later this year. Sischin will serve as regional director for the new company.

Hungary, which is located in central Europe, northwest of Romania, has a population of 9.9 million, according to a press statement. Romania, located in southeastern Europe, bordering the Black Sea between Bulgaria and Ukraine, has a population of 22.3 million.

The RE/MAX franchise network is a global real estate system with more than 6,300 independently owned offices and 118,500 sales associates.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
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