Intero Franchise Services, LLC, Expands Footprint in Asia-Pacific Region
Posted by Suzanna Shoomiloff — October 26, 2010
Cupertino, CA (October 26, 2010) –- Intero Real Estate Services, Inc. (http://interorealestate.com) a leading U.S. real estate brokerage that has recently expanded its brand globally, as a franchisor, through Intero Franchise Services, Inc. and Intero International Franchise Services, LLC, announced that is has dramatically expanded its presence in the Asia-Pacific region through a partnership with the iProperty network of websites, which contains several of the region’s leading online real estate destinations.
As part of the deal, Intero® syndicates all of its active listings to iProperty.com's network of sites, which includes iProperty.com.sg (Singapore), iProperty.com.my (Malaysia), and GoHome.co.hk (Hong Kong). The company now displays more listings on the network than any other U.S. brokerage.
According to the National Association of REALTORS, over $40 billion in U.S. real estate was sold to foreign buyers last year. “You need to be where the buyers are to succeed in real estate,” said Al Mendoza, Managing Director of Intero Asia-Pacific. “And right now, the number of buyers in this region looking for property online is exploding. We saw the opportunity here early and plan to expand our leadership position into the future.”
“The same innovative spirit that propelled Intero from Silicon Valley to national prominence here in the U.S. is driving our expansion into new markets across the globe,” said Intero President and CEO Gino Blefari. “Being the first to do something is something we’re comfortable with and will benefit our customers and partners looking for opportunities in the Asia-Pacific region.”
The Intero Asia-Pacific regional operations offer entrepreneurs in the region the opportunity to affiliate with one of the world’s most innovative real estate brands. The Intero brands focus on technology, training and superior systems led it to become the fastest organically grown real estate brokerage in U.S. history as recognized in Realtor Magazine July 2005.
About Intero Real Estate Services
Founded in 2002, Intero Real Estate Services, Inc. has quickly become one of the premier real estate brands in the U.S. Today the Intero family now includes over 1,800 agents in more than 40 offices serving California, Nevada, Colorado and Texas. The company is private and headquartered in California's Silicon Valley.