Harcourts real estate agency founded in New Zealand in 1881, is looking at expanding its global footprint with franchises in India. Harcourts franchise development manager Aaron Hodson says he has visited the region several times in the past eight months to get a feel for the market. The real estate agency hopes to select an agency to sell the master Harcourts license to for India within three months and enter the Indian property market in a big way.
Taking advantage of the opportunity to train up a currently unregulated industry, Harcourts is looking at designing an India-specific version of its training program. Existing Harcourts overseas franchises include China, Fiji, Indonesia and South Africa. When asked how many branches would Harcourts like to see in India, Mr Hodson says, “We have got long term figures of what hoping to achieve.” “The speed at which the Indian market grows is phenomenal, so our main focus right now is set up correctly.”
Tags: agents in India, Harcourts, Indian Real Estate, Indian real estate agents, property franchises in India
May 27th, 2009 at 1:35 am
It is a good business expansion step of Harcourts real estate agency to start its activities in India. I think collaboration with some reputed India real estate agencies will make this step more result oriented and safe. This is the best time to invest in real estate market.