Entrepreneur Istvan Pasku has acquired Spanish franchise rights as Realty ONE Group continues its push into various parts of the globe.

Real estate franchisor Realty ONE Group announced this week that it’s expanding its operations into Spain.

The expansion is part of a multi-year effort, according to a company statement, which ultimately led to businessman Istvan Pasku acquiring franchising rights in Spain. The statement describes Pasku as a “serial entrepreneur” and “proficient marketer” who became interested in real estate after experiencing several transactions himself.

Kuba Jewgieniew

Kuba Jewgieniew, founder and CEO of Realty ONE Group, said in the statement that his company “couldn’t have found a better, more knowledgeable partner, than Istvan in opening doors in this beautiful country.”

“Istvan is hungry to achieve success, is a loving family man, and has a passion for helping others reach their goals just as he has,” Jewgieniew added.

The news that Realty ONE Group is expanding into Spain comes less than a month after the company also announced that it had sold franchising rights in Singapore.

Jewgieniew founded Realty ONE Group in 2005. Since then, the company has expanded to have franchises in 45 states, as well as Washington, D.C., and Canada. More than 16,000 real estate professionals work in the company’s offices, according to a statement that also describes the firm as “a modern, purpose-driven lifestyle brand.”

The company’s push into overseas markets highlights how real estate has become increasingly globalized in recent years. Case in point: eXp Realty also recently expanded into Spain, as well as Colombia.

Istvan Pasku

In the case of Realty ONE Group’s Spanish expansion, Pasku has previous experience in the tourism and beverage industry, according to his LinkedIn page. He lives in Spain’s Andalusia region, and said in a statement that “we are so happy to give real estate professionals the opportunity to reach their dreams.”

“We truly believe that our success is their success,” Pasku added, “and we are willing to support every member of Realty ONE Group Spain in pursuit of their dreams.”

Email Jim Dalrymple II

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
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect is LIVE next week! Join us and thousands of your peers from wherever you are.Register Today×
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