eXp Realty Selected As Global Platform By Mexico’s Ronival Real Estate
KUALA LUMPUR, Aug 5 (Bernama) -- Real estate brokerage company, eXp Realty announced that Ronival Real Estate, the leading transaction company in Baja California Sur, Mexico, has selected eXp Realty as its global platform.
Founded in 2010 by Nick Fong and Rocio Montaño, Ronival has grown into a dominant force in Baja Sur’s luxury real estate market and will bring its full operation into eXp’s global network.
In a statement, eXp Realty said Baja California Sur has evolved from a vacation destination into one of the world’s most competitive luxury real estate markets, attracting international high-net-worth buyers who are increasingly relocating, investing and establishing permanent residences in the region.
“Our agents now have a direct line into one of the most sought-after luxury markets in the world through a team that spent 20 years earning its place at the top. We are proud to welcome them to the network,” said eXp Realty chief executive officer, Leo Pareja.
Meanwhile, Fong said Ronival was seeking a structure that could increase agents’ income opportunities, expand international referral reach and provide the infrastructure needed to compete at the highest level without disrupting the business model that made Ronival successful.
“When we looked at what this partnership makes possible, it stopped being an additional problem. It is not additive; it is geometric; each side amplifies what the other has built. That multiplier effect is what we were looking for, and we could not find it anywhere else," added Fong.
According to eXp Realty, the move establishes an immediate presence in one of Mexico’s most competitive luxury real estate markets and supports the company’s expansion across the Caribbean and Latin America (CALA) region.
For Ronival, the partnership provides access to eXp’s global infrastructure, referral network and technology platform, supporting its expansion into new markets and its ability to serve an increasingly international client base.
eXp Realty said the partnership reflects a broader trend of globalisation in the real estate industry, combining the strengths of an established local luxury brokerage with a global real estate platform.
-- BERNAMA