RE/MAX Romania has brokered last year approximately 10,000 real estate transactions, which summed up over 300 million Euro, and for 2022 it is targeting a 15 million turnover, according to a press release sent by the company."RE/MAX Romania, part of the real-estate world leader and number 1 global franchise on this segment, has seen an increase of generated commissions by approximately 92% in 2021, comparing to the previous year, reaching a total value of 10.5 million Euro. The company has brokered in the same interval approximately 10,000 real-estate transactions, which summed up over 300 million Euro, and for the current year it is targeting a turnover of 15 million Euro, namely an accelerated increase of number of franchises and agents", the press release reads.The most brokered transactions were for the residential segment, with a percentage of 83%, followed by plots of land (9%), commercial (4%), office (2%) and industrial (2%), and the top cities from the standpoint of volume of transactions remains unchanged, Bucharest, Cluj-Napoca and Brasov, respectively."The year 2021 was a surprisingly good year for RE/MAX business in Romania, with growths that surpassed our expectations. If 2020 was a year of reorganization and adapting to the pandemic context, 2021 was one of consolidation and evolution. We can say that investments in digitization, education and top services offered, along with a favorable context regarding the real estate market, have led to the obtained results. We are continuing to rely on considerable increases at the level of all business indicators," Razvan Cuc, chairman of RE/MAX Romania, said.In Romania, RE/MAX is the largest network of franchised real estate offices, with the highest number of real estate agents, currently having over 60 franchises and over 750 members.
Ion Iliescu, Romania’s first president after the fall of communism in December 1989 and one of the country’s most influential and controversial political figures, died on Tuesday, August 5, at the age of 95. His death was announced by the government, which expressed condolences to his family and stated that details regarding the state funeral […]
A large medieval cemetery was discovered this week at the Hasdeu High School in Lugoj, western Romania. The complex may have extensions into the surrounding yards and a high historical importance. Although the excavations are only just beginning, with an estimated 10% of the necessary work completed so far, the discoveries have already showed promise. […]
A trilateral working meeting for the creation of a regional cybersecurity alliance between Romania, the Republic of Moldova, and Ukraine took place on July 30 in Chernivtsi, Ukraine. The establishment of such a union would boost Romania's role in region. "The National Cybersecurity Directorate considers that the initiative to establish a cybersecurity coalition between Romania, […]
Two Dacian gold bracelets from the collection of the National History Museum of Romania (MNIR) have been recently 3D scanned as part of a digital preservation project highlighting these exceptional archaeological pieces. The initiative, launched by the museum, aims to showcase the artistry and cultural significance of Dacian goldsmithing. Crafted with remarkable skill, the spiral-shaped […]
Arad, a city in western Romania dubbed the “Little Vienna,” will organize a celebration of its history and culture in the Austrian capital, between August 8 and 20. The Days of Arad Culture begin on August 8 with the photo exhibition "Arad of Yesterday and Today," which will highlight the architectural connection of the city […]
In a report published on Tuesday, August 5, the Group of States against Corruption, or GRECO, said that Romania has fully implemented two of the 26 recommendations made in the 2023 Fifth Round Evaluation Report on preventing corruption and promoting integrity among top executive functions of the central government and law enforcement. Out of the […]
