Coldwell Banker could start operations in Guatemala

The main real estate company in the world, Coldwell Banker, could start operating in Guatemala next year.

Monday, December 15, 2008


©image: Colin

The firm's internet page points out that it is present in 50 countries in Asia, Australia, Europe, the Middle East, in the Americas, and on the Isthmus in Belize, Costa Rica, Guatemala, Honduras, Nicaragua, and Panama. However, it did not provide any information about its office in the country.

This will increase the international competition in the Guatemalan real estate sector, where RE/MAX already operates.

More on this topic

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Asia as a Real Estate Market

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Faced with an inevitable slowdown, Panamanian real estate operators are looking for new buyers in Asian TNCs.

Sales have fallen by up to 40% in the housing sector and it is necessary to explore other market niches to offer existing inventory and continue growing.

Taking advantage of the incentives that Law 41 provides to firms that locate their regional headquarters in Panama, the Panamanian Association of Real Estate Brokers (ACOBIR) is making efforts to cultivate partnerships with real estate associations in other countries.

Coldwell Banker opens offices in Guatemala

January 2009

Coldwell Banker real estate company inaugurated two offices in the Pradera Zone and in Europlaza.

Elperiodico.com.gt reports: "The office is looking to attract two types of buyers: American investors, retirees who seek to set up in the country and middle-upper class Guatemalans who wish to return.

Agreement Between Real Estate Agents

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Real estate brokers in Panama and Canada agreed to create opportunities to promote both housing markets.

In the negotiations of the Free Trade Agreement between Canada and Panama, the Panamanian Association of Brokers and Real Estate Developers met with their counterparts in Ontario and Toronto, Canada, where they agreed to create blueprints for future agreements between the organizations.

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