Re/Max to tap retirees, housewives for growth

Tokyo

RE/MAX Holdings Inc, the franchiser of real estate brokerages about to begin operating in Japan, plans to use housewives and retirees to take advantage of a housing market recovery.

The company, based in Denver, will start its business in Japan on Dec 1. Its agents can earn as much as 94 per cent of broker fees from a deal, Aki Nakamiya, 44, chief executive officer of Re/Max Japan, said.