Posts Tagged ‘iProperty’

Intero Franchise Services, LLC, expands footprint in Asia-Pacific region through listings distribution deal with iProperty websites

By Teressa Francis | October 27th, 2010 4 Comments

Intero now distributes more property listings than any other U.S. broker to the leading online network

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. 

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Intero Real Estate Services, Inc. executives keynote prestigious global real estate seminars in Singapore and Hong Kong

By Teressa Francis | July 9th, 2010 1 Comment

Blefari and Moles share innovative approach to distressed property opportunity globally as well as in the U.S.

CUPERTINO, SILICON VALLEY, USA – July 1, 2010 — Intero Real Estate Services, 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 its Chairman, Robert Moles, and CEO, Gino Blefari, recently made keynote presentations at two prestigious global real estate seminars in Singapore and Hong Kong to share insights learned from leading the exponential growth of a global brokerage company in the distressed property market.

Gino Blefari, Intero® President and CEO, spoke at the iProperty Real Estate Seminar 2010 in Singapore about distressed property opportunity both globally and in the U.S. He said that while real estate is still very much a local business, market insights and technology innovation can be shared globally to new markets and new business partners. Both factors have been critical to Intero’s own growth.

“Not all markets are distressed markets, but all markets have distressed property opportunities. California has been at the epicenter of the global housing crisis, yet Intero has grown to lead in market share in Santa Clara County, the largest market in Silicon Valley, in spite of this challenge. We did so by leveraging technology and honing a deep understanding of current market dynamics and letting those insights guide our actions,” Blefari said.

Robert Moles, Intero® Chairman, gave a keynote presentation about the global distressed property opportunities at the SMART Investment & International Property Expo in Hong Kong in June. Said Moles on the experience, “We are excited to share our story of success in distressed markets with agents and investors from across the globe as we continue the worldwide expansion of our brand.” Moles continued, “Our experience in California gives us a unique perspective on thriving in a difficult market.”

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