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The Company
RE/MAX, which stands for "real estate maximums", was founded in the 1970's by Dave and Gail Liniger in the United States of America. They developed a unique franchise system that allows real estate agents to maximize their potential by having the security of a franchise while at the same time having the individual freedom to run their own business. Today the RE/MAX network comprises over 6,000 offices with around 90,000 associates in 85 countries.
RE/MAX Cayman Islands is one such independently owned and operated office within the real estate network of RE/MAX International and RE/MAX Caribbean/Central America. The office at 7 Mile Shops on West Bay Road unites 21 Cayman real estate professionals and nine administrative staff under one roof. All of our associates and administrative staff are highly experienced and constantly expand their knowledge with ongoing training. Every real estate agent in Cayman uses the synergy potential. Not only synergies within the office are important; we also work closely with RE/MAX offices all over the world as part of our international referral system.
Locally and internationally, we are dedicated to maintaining a high degree of visibility which will benefit our highly valued customers and clients as well as our Sales Associates. A comprehensive marketing strategy across all media including print and internet ensure our consistent exposure.
We are well established in the Cayman Islands realestate market as a strong office, capable of producing outstanding results. Referrals from satisfied buyers and sellers are a proof of it as well as the many awards the office has received.
2010:
- #2 Top Office - Sales Volume
- #2 Top Office - Transactions
2009:
- Top Office Total Sales Volume Single Office International 2009
- # 1 Top Office - Sales Volume
- # 1 Top Office - Transactions
2008:
- # 1 Top Office - Sales Volume
- # 1 Top Office - Transactions
2007:
- # 2 Top Office - Sales Volume
- # 3 Top Office - Transactions
- Winner - Most Appealing Office
- Winner - Most Creative Office
- Runner-up - Best Façade
2006:
- # 1 Top Office - Sales Volume
- Regional Marketing Awards - RE/MAX Cayman Islands Truck
2005:
- # 1 Top Office - Sales Volume
- # 1 Top Office - Transactions
2004:
- # 1 Top Office - Sales Volume
2003:
- # 1 Top Office - Sales Volume
2001:
- # 1 Top Office - Sales Volume
- # 1 Top Office - Transactions
- Spirit Award - James Bovell
2000:
- Broker/Owners of the Year - Kim Lund / James Bovell
RE/MAX Cayman Islands values the Cayman Islands community and is involved in various local charities, sports clubs and events. Each associate and supportive staff member dedicates time and money to community projects.
Community
RE/MAX Cayman Islands is committed and dedicated to serving the needs of our community through financial support and employee participation. We direct our giving to nonprofit organisations that address vital community needs and issues, focusing on youth development, cancer support, environmental projects and animal welfare.
Youth
The area of Youth, the company is mainly focusing on supporting sport activities that teach children respect for each other, fair play, confidence, team spirit, self esteem as well as problem solving skills. In addition to sports activities we also support educational causes.
Cancer
RE/MAX Cayman Islands focuses its efforts on the Breast Cancer awareness, education as well as support for patients via The Breast Cancer Foundation and the annual Breast Cancer Gala Dinner. RE/MAX staff plays a vital role in the fundraising efforts of the Foundation and its administration. The company also supports events that raise funds for many of the cancer related charities.
Sport
The company sponsors several sport events/leagues that encourage general public health, sportsmanship and the promotion of community spirit.
Animals
RE/MAX is supporting the efforts of various charities concerned with animal welfare and protection in the Cayman Islands.
Staff Involvement
Staff members are encouraged to volunteer their time and talent in aid of any local charity of their choice. The company may organises groups of staff members to volunteer for events. Join us! Make a difference!
The Breast Cancer Foundation
Tel: (345) 949 4822
The Cayman Islands Cancer Society
Tel: (345) 949-7618
The Cayman Islands Humane Society
Tel: (345) 949 1461
Cayman Islands Little League
Tel: (345) 945-3553
Cayman Hospice Care
Tel: (345) 945 7447
Lions Club of Tropical Gardens
Tel: (345) 916-1739
Cayman Islands Rugby Football Union
Tel: (345) 926 6743
Blue Iguana Recovery Program
Cayman Islands Marathon
Tel: (345) 946 8822
Cayman Islands Chamber of Commerce
Tel: (345) 949 8090
History
Kim Lund first opened the doors to First Realty of Cayman at Regency Court in February 1990. In 1991 Kim and his wife Brenda decided to contact RE/MAX International to start negotiating the purchase of a RE/MAX franchise for the Cayman Islands. Kim and Brenda decided to go with the RE/MAX brand because of its broad recognition in the North American market as well as the standard of professionalism that the name portrays.
By July 1991 the contracts were signed and Kim and Brenda opened RE/MAX First Realty at 7 Mile Shops. Working in the 2,000 sq. ft. office at that time were Kim and Brenda as Broker/Owners, Edna Ebanks as Sales Associate and a receptionist.
Kim and Brenda's beliefs and philosophies about the business have always been to provide a better service, be more competitive than anyone else and to wait for and hire the best employees versus growing too quickly.
After more than a year's struggle with breast cancer, Brenda Lund passed away in August of 1998, but her memory lives on in the RE/MAX office. Her driving force in the company is evident in everything synonymous with the name of RE/MAX Cayman Islands. James who started off as a Sales Associate, became a Broker/Owner in November, 1998. As 2004 was drawing to a close, the real estate market had begun to turn positive, rebounding from a slower period of the last few years. The housing and condominium inventory on Grand Cayman was being drawn down, and demand was building. These were the market conditions in early September 2004. All of that changed on the evening of September 11 and morning of September 12, as Hurricane Ivan left its unimaginable mark on the island.The RE/MAX Cayman Islands office at 7 Mile Shops was severely damaged but good preparation enabled us to declare the office 'open for business' only 3 days after. Everyone from the office put in a tremendous effort to speed up the recovery either on island or from overseas. By January we moved back to our office in 7 Mile Shops which was still under reconstruction at this time. The office received a face lift and was extended to 5,000 square feet. The spirit within the RE/MAX team was incredible and inspiring.
2005 the year after the hurricane was a year of growth with seven new associates joined the RE/MAX team. The following years RE/MAX continued to grow in number of agents as well as in the Cayman Real Estate market taking more and more market share.
The global recession has not passed by the Cayman Islands. There was a noticeable slow down in the real estate market. Despite the downturn RE/MAX continued to grow our market share. New agents have joined the team and in the beginning of 2011 we established a new Commercial division of the RE/MAX brand.
Statistics
On this page we would like to provide you with an overview of some statistics relating to
RE/MAX's performance as well as the tourism figures for the Cayman Islands.
We compare RE/MAX to all other Cayman real estate companies who are also part of
the Cayman Island Real Estate Broker Association (CIREBA).
RE/MAX Inc, Market Share of Cayman Islands Real Estate
| As of Mar 31 2012 | RE/MAX | CIREBA | % Share |
|---|---|---|---|
| # of Properties | 803 | 2087 | 38% |
| % of Volume (billion) | 0.63 | 1.80 | 35% |
| # of Associates | 19 | 172 | 11% |
| Sold Volume mil. | 6.4 | 38 | 17% |
| Sold to Date | 33 | 97 | 34% |
The local tourism statistics are a very good indicator for purchasers looking for an investment property but also are a good general indicator for the Cayman economy. Tourism is one of the pillars of the economy.
Cayman Islands Tourism Statistics
| At Jan, 2011 | 5yr Avg. | Last year | This Year |
|---|---|---|---|
| Hotel Occupancy % | 60.3 | 59.0 | 69.2 |
| Condo Occupancy % | 42.5 | 43.9 | 45.0 |
| Overnight Stays .1m | .26 | .27 | .22 |
| Cruiseship Stays .1m | 1.7 | 1.55 | 1.18 |
Careers
The Cayman Islands have a vibrant Real Estate Market with many options for new agents. We realise that there are plenty of different real estate companies to choose from, and you don't take that decision lightly.
RE/MAX has the worldwide biggest network of real estate agencies. It is one of the most recognised brands embodied by the RE/MAX hot air balloon. The network stand out from the rest due to it's favourable commission structure, advanced technology, worldwide marketing and brand awareness as well as the educational tools offered to all sales associates.
In the Cayman Islands RE/MAX has grown from humble beginnings 20 years ago with one man and his dream to become the biggest company within the CIREBA network reflected in the number of listings and sales.
RE/MAX Cayman Islands is continuously looking for driven and enthusiastic individuals who would like to excel in the real estate business in the Cayman Islands. If you are organised and detail oriented and have the ability to develop long term relationships with customers, we would like to meet you contact us.
Self motivated and entrepreneurial individual who can work within a team as well as individually and possess strong computer skills will be an asset to our company. You should be familiar with print and web marketing.
Each of our Sales Associates will obtain a license from the Cayman Islands Real Estate Broker Association (CIREBA) www.cireba.com.
Follow this link www.joinremax.com to learn more about the exciting opportunities that await you.