Company to open three new offices in 2015. Turnover in 2014 increases to over €220 million
RE/MAX Malta recently hosted their annual general conference at the Hilton Malta’s Grand Master Suite where they announced their strategy for 2015, communicated their financial results and acknowledged the achievements of the individuals and offices during the business year of 2014.
Speaking to the 250 RE/MAX affiliates that attended the conference, Kevin Buttigieg, CEO of RE/MAX Malta, described 2015 as “the year of the RE/MAX associate”, where each and every affiliate was asked to believe in what they are doing, be professional, be empowered with the training and continue to be the specialists in their respective fields. He went on to confirm that the company collectively increased their turnover for the 11th year running, selling over €220, 000, 000 and increasing sales transactions by 28%. He concluded his address by confirming that the company will open another three offices by the second quarter of 2015.
Mr Jeffrey Buttigieg, COO of RE/MAX Malta gave a brief overview of the events, outlined the achievements of 2014 and announced that the company is growing as planned and with solid foundations. He said, “Business year 2015 would be a year of further consolidation, growth and increase in market share. We will be implementing new training courses based on the various needs of our team, a multi-channel marketing strategy as well as further enhancing the importance of the company core values that are in line with our strategy.”
Edward Agius, Head of Letting department said that that although 2014 was a challenging year, the letting team worked well together and due to their persistence and dedication they succeeded in meeting their quotas with a growth of circa 13% over the previous year.
General Manager, Joseph P. Theuma gave a detailed presentation of the statistics of 2014 explaining the growth of the company from various aspects. Mr Theuma outlined the fact that in 2014 the number of transactions increased exponentially together with the productivity of the average RE/MAX associate, selling 1.5 more properties per associate than in 2013. He also pointed out that the Exclusive Listing Programme has played a major part in this growth since the company is selling homes listed within this programme at an average of 53 days.
After the keynote talks they moved to a panel discussion where a number of managers were given the opportunity to share their successes throughout the year. The event culminated with an awards ceremony and a cocktail reception where the top performing individuals and offices were recognised for their outstanding achievements in property letting and property sales.
In the category of property sales, the top individual was Philip Incorvalja, who took home awards for most service fees generated, most listings sold and most konvenji signed. Runners up to the most service fees generated were Mark Micallef and Etienne Vassallo respectively. Patrick Spiteri won the award for Most Exclusive Listings Sold.
The offices that were recognised for their sales achievements were RE/MAX Real Estate Specialist who won the award for top sales per capita per day, whereas RE/MAX Alliance Tigne won the awards for most service fees generated and volume. The runners up for this prestigious award of sales per capita per day were RE/MAX Central Attard and RE/MAX Crown Towers respectively.
The winners of the top letting associate award for service fees generated were Michaela Tabone, Gordi Felice and Jeffrey Debatista respectively whereas Mario Caruana won the award for highest number of listing and Jeff Debattista won the award for highest number of transactions.
Alison Lowell, who works in administration at RE/MAX Alliance, Tigne was presented the “Award of Excellence” for 2014. Recently introduced, this special award has been put in place to recognise an individual not necessarily in sales for being an exemplary role model in his/her dedication on the job.