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RE/MAX Holdings Inc - RMAX STOCK NEWS

Welcome to our dedicated news page for RE/MAX Holdings (Ticker: RMAX), a resource for investors and traders seeking the latest updates and insights on RE/MAX Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RE/MAX Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RE/MAX Holdings's position in the market.

Rhea-AI Summary
The RE/MAX National Housing Report for March 2024 shows a 21.6% increase in home sales from February, with a 20.9% surge in new listings and a 7.7% expansion in inventory. The median sale price rose by 5.1% year over year to $415,000. While sales lagged behind March 2023, the market is showing signs of strength and balance. Key metrics like close-to-list price ratio and days on market remained stable.
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RE/MAX Holdings, Inc. (RMAX) will announce its financial results for the first quarter of 2024 on May 2, 2024, and host an earnings conference call on May 3, 2024. The company is a leading franchisor of real estate brokerage services and the owner of Motto Mortgage, the first national mortgage brokerage franchise in the U.S.
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2.61%
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RE/MAX agents outperformed competitors in 2023 with twice as many transaction sides and sales volume, maintaining a 2-to-1 advantage for the 16th consecutive year. The RealTrends Verified Rankings highlighted RE/MAX's productivity and success in the real estate industry, with 23% of qualifying brokerages being RE/MAX offices. The Billionaire's Club list recognized 24 RE/MAX offices for closing at least $1 billion in sales volume in 2023, showcasing the brand's dominance in the market.
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RE/MAX concludes successful R4 convention in Las Vegas, emphasizing industry leadership, adaptability, and innovation. The event showcased global networking, education, and entertainment, with a focus on supporting agents and broker/owners. Key speakers included Dave Liniger, Erik Carlson, and Amy Lessinger, highlighting RE/MAX's commitment to excellence and community impact.
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RE/MAX secures its position in the Entrepreneur Franchise 500 ranking for the 40th consecutive year, earning a spot in the prestigious Franchise 500 Hall of Fame. The brand's success is attributed to its quality and the excellence of its franchisees.
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Home sales surged in February, with a 17.0% increase from January and a 2.3% rise from February 2023. Median home price reached $412,000, up 2.1% from January and 7.0% year over year. Buyers paid almost full listing price, reflecting strong demand. Inventory remained stable, with homes taking 44 days to sell on average. RE/MAX President highlighted robust demand and wealth-building potential in real estate.
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RE/MAX reports significant sales growth in Q4 of 2023, adding 300 new offices and renewing 295 agreements globally. The company saw its highest sales in the fourth quarter, solidifying its position as a global real estate leader. New franchisees and existing owners trust in RE/MAX's value proposition, leading to a successful year.
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RE/MAX, LLC, a leading real estate franchisor, received multiple industry accolades in 2024, including being voted #1 Most Trusted Real Estate Agents in the U.S. and Canada. The brand's executives were honored in prestigious lists like Swanepoel Power 200 and RISMedia Newsmakers, highlighting their leadership in the real estate industry.
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RE/MAX Holdings, Inc. announces the promotions of three senior leaders, Amy Lessinger, Abby Lee, and Susie Winders, in recognition of their contributions. Amy Lessinger becomes President of RE/MAX, LLC, Abby Lee is promoted to Executive Vice President of Marketing, Communications, and Events, and Susie Winders is elevated to Executive Vice President, General Counsel, Chief Compliance Officer, and Secretary.
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RE/MAX Holdings, Inc. reports a decrease in total revenue and adjusted EBITDA for the fourth quarter of 2023 compared to the same period in 2022. The net loss attributable to the company also increased. Despite challenges in the housing market, the company remains optimistic for 2024.
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RE/MAX Holdings Inc

NYSE:RMAX

RMAX Rankings

RMAX Stock Data

236.54M
13.23M
11.56%
88.87%
7.64%
Lessors of Other Real Estate Property
Real Estate and Rental and Leasing
Link
US
Denver

About RMAX

re/max was founded in 1973 by dave and gail liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. over 100,000 agents provide re/max a global reach of over 100 countries. nobody sells more real estate than re/max. re/max, llc, one of the world’s leading franchisors of real estate brokerage services, is a subsidiary of re/max holdings, inc. (nyse:rmax). with a passion for the communities in which its agents live and work, re/max is proud to have raised more than $130 million for children’s miracle network hospitals®, susan g. komen® and other charities. for more information about re/max, to search home listings or find an agent in your community, please visit www.remax.com.