Real estate brokerage RE/MAX is expanding into Japan.

The firm sold the master franchise rights for the country this past week, bringing its brand into the third largest economy in the world.

The expansion enhances the brokerage’s Asia presence and solidifies its strategy of becoming a global real estate firm with franchises throughout the U.S., Europe, Africa, Australia, Japan and China – among other locations.

"RE/MAX is an extraordinary brand that is recognized and respected around the world," said John Fou, managing member of Generation Group, LLC. "We are proud to be part of a talented team that will bring RE/MAX professionalism and quality customer service to the people of Japan."