ISTANBUL - "Our timing in entering the Turkish market is great. Had we entered the Turkish market earlier, it would not have been as advantageous as today. With the arrival of the mortgage system, everyone wants now to own a house," said Jim Gillespie, President of Coldwell Banker, on Tuesday.
Coldwell Banker`s office in Esentepe, Istanbul, opened its doors for business on Tuesday. Coldwell Banker is a real estate giant with total sales of 350 billion USD in the United States and Canada.
Vice-President of the company, Elizabeth Makatura indicated that "based on a research conducted by Price Water House Coopers, Turkey is the number one country offering the greatest potential in the world. We agree with this research."
On the other hand, Coldwell Banker`s Turkey General Manager Mehmet Bayramoglu remarked that the company will give out 20 franchises in Turkey. "We will make Coldwell Banker the number one real estate company in Turkey," stressed Bayramoglu.