APAC Realty

13 Apr 2019 23:06 #24720 by josephyeo
Replied by josephyeo on topic APAC Realty
APAC Realty Limited (APAC Realty, the Company or together with its subsidiaries, the) is a leading real estate services provider in Asia. The Group operates three main business segments real estate brokerage services franchise arrangements and training, valuation and other ancillary services.

APAC Realty's real estate brokerage services are operated by its wholly-owned subsidiary ERA Realty Network Pte Ltd (ERA Realty) under the ERA brand. ERA Realty derives commission-based fees through the provision of property brokerage services for primary sales secondary sales and rental of residential, commercial and industrial properties.

APAC Realty holds the exclusive ERA regional master franchise rights for 17 countries in Asia Pacific, acquired from Realogy Group LLC. Through its ERA franchisee network, the Group has one of the largest brand footprints in Asia with more than 17,800 salespersons across 637 offices in 10 countries.
The Group also holds the master franchise rights for Singapore for Coldwell Banker, one of the oldest and most established real estate office and franchising companies in the United States.

ERA Realty is one of the largest ERA Member Brokers globally by transaction value, and is also one of Singapore's largest real estate agencies with 6,660 agents registered as at 28 February 2019. As an industry pioneer, ERA Realty has constantly been at the forefront of technological innovations with an emphasis on enhancing agent productivity and service excellence for the past 37 years.

APAC Realty's wholly-owned subsidiary Realty International Associates Pte Ltd (RIA) operates training programmes and courses for real estate agents in preparation for professional certification exams and as part of continuing professional development regulations. RIA also undertakes valuation work on behalf of clients, such as financial institutions, government agencies and property owners, and provides management services for real estate developments.

The Company is headquartered in Singapore. Guided by its core values of Unity, Integrity, Innovation, Gratitude and Passion, APAC Realty seeks to fulfil its vision of being the real estate company of choice for clients and real estate salespersons.

Note: above write up is taken from APAC Realty Annual Report 2018

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