RE/MAX Cayman Islands

What RE/MAX Cayman Islands does

RE/MAX Cayman Islands is a privately held real estate brokerage operating as the first RE/MAX franchise outside the US and Canada, founded in 1991 by Kim Lund in Grand Cayman. The firm is the largest real estate company in the Cayman Islands by agent count (over 46 agents with 30+ full-time agents in the central Seven Mile Beach office) and has held the #1 sales volume position in the Caribbean and Central America for more than 20 consecutive years, with recognized RE/MAX Global Top Office awards in 2018 and 2020.

The firm operates a transaction-based brokerage model monetized through traditional real estate commissions on residential, commercial, land, and luxury property sales and leases across all three Cayman Islands. Core technology is limited to the local Multiple Listing System (MLS), while differentiators rest on the registered RE/MAX global brand (110+ countries, 140,000+ agents), the RE/MAX Collection luxury sub-brand, and deep tenured talent with combined agent experience exceeding 460 years. Supporting products include the Residency by Investment advisory program, mortgage calculator, relocation services, and 14 neighborhood guides covering Grand Cayman, Cayman Brac, and Little Cayman. Reported scale includes $3 billion in sales over five years, $400 million in sales volume in 2023, and 300+ transaction sides in 2023. Revenue figures are not directly disclosed; estimated gross commission income ranges roughly $20-24M based on transaction volume, with net brokerage revenue likely in the $10M-$25M band.

Name

RE/MAX Cayman Islands

Legal name

RE/MAX Cayman Islands

Website

https://remax.ky

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

501–1,000 employees

Short description

RE/MAX Cayman Islands is the largest real estate brokerage in the Cayman Islands, serving residential, luxury, commercial, and land buyers/sellers across Grand Cayman, Cayman Brac, and Little Cayman through 46+ agents from its Seven Mile Beach office.

Ownership category

akta.pro rank

Headquarters

HQ city

Grand Cayman

HQ country

Cayman Islands

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Real Estate Commission: Traditional real estate brokerage commission-based revenue from residential and commercial property sales, including luxury properties through The RE/MAX Collection program.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

RE/MAX Cayman Islands is a privately held, independently operated RE/MAX franchise real estate brokerage providing buying, selling, and leasing services for residential, commercial, luxury, and land properties across the Cayman Islands. The company operates from a Seven Mile Beach headquarters with 46+ dedicated agents and offers specialized programs including The RE/MAX Collection for luxury properties, residency-by-investment assistance, relocation services, and neighborhood guides covering all three Cayman Islands.

Product overview

RE/MAX Cayman Islands operates as a comprehensive real estate brokerage platform offering a unified suite of property services across the Cayman Islands. The core offering centers on property sales and rental services encompassing residential homes, condominiums, land parcels, and commercial properties. The company differentiates through its RE/MAX Collection sub-brand, a premium luxury marketing program targeting high-net-worth buyers and sellers of luxury real estate. Supporting the core brokerage services, the company provides value-added offerings including residency by investment program assistance, buyer's and seller's guides, mortgage calculation tools, relocation services, and detailed neighborhood guides covering all major Cayman Islands communities. The platform operates across three islands: Grand Cayman, Little Cayman, and Cayman Brac, with properties ranging from modest homes to ultra-luxury beachfront estates exceeding $40 million.

Differentiator

Problem solved

Functional benefit

Brands

• The RE/MAX Collection: An exclusive luxury marketing program for extraordinary homes and condominiums that embody the highest standards of luxury, character, quality, and beauty.

Products and services

• Property Sales Services Full-service residential and commercial real estate sales including homes, condominiums, land parcels, and multi-unit properties across the Cayman Islands, serving individual buyers, sellers, and investors.
• Property Rental and Leasing Services Leasing services for residential and commercial properties available in the Cayman Islands market, serving tenants and landlords.
• The RE/MAX Collection Premium luxury real estate marketing program featuring exclusive high-end properties that meet elevated standards of luxury, character, quality, and beauty. Includes distinctive marketing tools and specialized agent training for discerning buyers and sellers of luxury real estate worldwide.
• Residency by Investment Program Assistance Assistance with obtaining Cayman Islands residency through various investment pathways including Certificate of Permanent Residence for Individuals of Independent Means, Residency Certificate for Persons of Independent Means, Residency Certificate – Substantial Business Presence, and Direct Investment Certificate.
• Relocation Services Comprehensive relocation assistance for individuals and families moving to the Cayman Islands, including guidance on visas, work permits, and settling into the community.

Quantifiable outcome

• $3 billion in sales in the last five years
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• RE/MAX GlobalcoreChannel Partner/ Reseller/ Distributor · 1 January 1991RE/MAX Cayman Islands operates as a franchise member of the RE/MAX global network, which spans over 110 countries and territories with 9,000+ offices and 140,000+ agents. Founded in 1991, it was the first RE/MAX office outside the US and Canada.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• eXp Realty: Cloud-based, agent-centric brokerage model rapidly expanding internationally including into Caribbean markets. Represents a structurally different (lower-cost, tech-enabled) competitive model that traditional RE/MAX Cayman franchise economics may need to defend against.

Direct peers

• Engel & Völkers Caribbean: Premium international real estate franchise with locations across the Caribbean targeting luxury and lifestyle property buyers. Competes directly with RE/MAX Cayman's luxury segment, particularly for European and North American HNW second-home buyers.
• ERA Cayman Islands: Established franchise real estate brokerage in the Cayman Islands offering residential sales, rentals, and property management. Directly competes for local market share and agent talent within the same island geography as RE/MAX Cayman.
• Christie's International Real Estate: Global luxury real estate network with Caribbean presence targeting ultra-high-net-worth buyers of trophy properties. Competes with RE/MAX Cayman's luxury division for premium listings above $10M and access to international wealth advisor channels.
• Coldwell Banker Cayman Islands: Major competing franchise brokerage operating in the Cayman Islands across residential, commercial, and luxury segments. Targets the same buyer/seller base as RE/MAX Cayman and competes directly for MLS listings and CIREBA-mandated transactions.
• Sotheby's International Realty Cayman Islands: Operates the premier competing luxury real estate brokerage in the Cayman Islands, serving the same high-net-worth buyer pool for beachfront estates, condominiums, and Seven Mile Beach properties. Directly competes with RE/MAX Cayman's RE/MAX Collection for luxury listings and HNWI mandates.
• Berkshire Hathaway HomeServices Cayman Islands: Competing national-brand franchise brokerage operating in the Cayman Islands offering residential and luxury services. Targets a similar customer profile and competes for both agents and listings within the same MLS ecosystem.

Broad incumbents

• Knight Frank Caribbean: Global real estate advisory firm with established Caribbean operations across multiple island markets. Competes with RE/MAX Cayman for cross-border luxury buyers and serves institutional and family-office clients seeking diversified Caribbean exposure.

Regional players

• Bahamas Realty: Leading real estate brokerage in the Bahamas serving luxury and residential segments in a comparable Caribbean jurisdiction. Regional peer providing insight into adjacent-market dynamics, HNW buyer flow, and Caribbean luxury real estate trends.
• RE/MAX Jamaica: Sister RE/MAX franchise operating in Jamaica within the same Caribbean region. Comparable franchise model, similar luxury and beachfront property focus, and shared access to the RE/MAX global referral network — useful peer for benchmarking Caribbean intra-franchise performance.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks3 records

Key highlights7 records

Customer concentration

• Xx.com/caymanremax
• Facebookfacebook.com/remaxcayman
• LinkedInlinkedin.com/company/re-max-cayman-islands

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RE/MAX Cayman Islands