March 22nd, 2012 – Chris Snell, founder of Snell Real Estate in Los Cabos, Mexico sold 75% of Snell Real Estate to a group of investors headed up by Vanessa Fukunaga, a U.S. citizen. Several of the new shareholders are also sales agents for Snell Real Estate, which demonstrates the level of commitment Snell Real Estate realtors have to growing the organization and taking it to the next level. Ms. Fukunaga is now the President, CEO and Managing Partner of Snell Real Estate and she will be responsible for running the company’s day-to-day operations, acquisitions and overall strategic business expansion.
According to Ms. Fukunaga, she intends to expand on the high quality of the Snell brand and focus on several goals in the immediate future:
- Introduce Los Cabos to a greater number of potential clients/investors.
- Encourage and support developers in their goal to create additional product in order to further solidify Cabo as a one and only destination.
- Increase homeowner values and reverse the downward trend of the past few years.
- Structure the sales organization in such a way that assures homeowners and developers of a substantially faster turnover of their properties once listed.
“Client care will continue to be a mainstay within our organization,“ said Ms. Fukunaga. “Our developers and clients are the bedrock of our organization and the Snell Real Estate team will continue to strive for excellence in this area.” Ms. Fukunaga brings with her a sixteen-year corporate background focusing in business development and product marketing.
“I was immediately confident in my decision to sell controlling interesting in my company to Vanessa Fukunaga,” said Chris Snell, founder of Snell Real Estate. “I’m convinced Vanessa will do an outstanding job and take Snell Real Estate to an even higher level based on the foundation I have built over the past years.”
Snell will remain onboard as a shareholder, continuing to sell real estate at the brokerage he founded.