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RE/MAX Holdings, Inc. (NYSE: RMAX) is the parent company of REMAX®, which it describes as one of the world's leading franchisors of real estate brokerage services, and Motto® Mortgage, a national mortgage brokerage franchise brand in the U.S. The RMAX news feed on Stock Titan brings together company-issued announcements, financial updates and brand developments that reflect this dual focus on real estate and mortgage franchising.
Recent news highlights include quarterly earnings releases where RE/MAX Holdings reports revenue, Adjusted EBITDA and agent count trends across its global REMAX network and Motto Mortgage offices. These updates often discuss changes in recurring revenue from franchise fees and annual dues, investments in technology and flagship websites, and outlook ranges for future periods, all framed with the company’s standard forward-looking statement disclosures.
In addition to financial results, RMAX news features items on global expansion, such as the sale of master franchise rights in markets like Malaysia and Morocco, and regional growth in areas including Western Africa and the Middle East. The company also issues releases about leadership appointments, such as executives overseeing mortgage services, commercial operations and digital information functions, which it links to its emphasis on innovation and operational excellence.
Another recurring theme in RE/MAX Holdings news is technology and marketing. Announcements have covered the launch of the AI-powered Marketing as a Service (MaaS) platform, AI-driven referral systems and refreshed branding designed to support affiliates. Community-focused stories, including Global REMAX Week and charitable initiatives, also appear in the news flow, illustrating how the network engages with local communities worldwide. Investors and observers can use this news stream to follow how RMAX describes its strategy, global footprint and brand evolution over time.
RE/MAX has been inducted into the inaugural Entrepreneur Franchise 500 Hall of Fame, recognizing its consistent performance over 39 years on the Franchise 500 list. This honor highlights RE/MAX's commitment to franchisee support and brand strength within the real estate sector. The Franchise 500 ranking evaluates over 1,321 companies based on 150 data points, including financial stability and growth. RE/MAX operates with more than 140,000 agents in over 9,000 offices across 110+ countries, leading the global market in residential transactions. This achievement underscores RE/MAX's longstanding reputation and future growth potential.
RE/MAX, a leading name in real estate, reported a remarkable growth in franchise agreements, with nearly 400 signed in Q4 2022, nearly doubling Q3's total. This surge contributed to over 960 franchise sales for the entire year. Additionally, more than 1,000 franchise renewals took place in 2022. The company also expanded internationally, completing a sale in the Seychelles and acquiring rights in Guadeloupe and Benin. RE/MAX attributes its success to 50 years of experience and robust support systems for agents. The network, with over 140,000 sales associates in more than 9,000 offices globally, emphasizes its commitment to enhancing real estate standards worldwide.
RE/MAX launches its "Unstoppable Starts Here" campaign, aimed at reinforcing brand association benefits for real estate agents. The campaign follows a survey revealing that a positive brokerage reputation is a key driver for agents joining brokerages, with 12% citing it as a primary reason. The brand maintains a competitive edge in the real estate industry, averaging 16.5 transaction sides per agent compared to competitors' 7.6. The refreshed marketing materials will enhance agent credibility and attract more homebuyers and sellers. RE/MAX's extensive global network surpasses 140,000 agents in over 9,000 offices worldwide.
RE/MAX Holdings reported fourth quarter 2022 revenue of $81.3 million, an 8.9% decrease from the previous year, driven by negative organic growth of 9.1% and adverse foreign currency impacts. The company posted a net loss of $2.6 million, with a loss per diluted share of $0.14. Adjusted EBITDA fell 14.6% to $26.5 million. Despite challenges, total agent count increased by 1.4% to 144,014 agents. RE/MAX announced a quarterly dividend of $0.23 per share and accelerated its share buyback program, indicating ongoing commitment to shareholder returns.
RE/MAX Holdings, Inc. (NYSE: RMAX) announced a quarterly cash dividend of $0.23 per share of Class A common stock, payable on March 22, 2023, to shareholders of record as of March 8, 2023. This reflects the company's commitment to returning value to its shareholders. RE/MAX is a global leader in real estate franchising with over 140,000 agents across nearly 9,000 offices. The firm remains dedicated to innovation in the industry, notably through its Motto Mortgage brand, which has expanded to over 225 offices across more than 40 states.
On February 13, 2023, RE/MAX announced the addition of eleven new vendors to the RE/MAX Approved Supplier program, enhancing its offerings for real estate agents. These new suppliers provide services ranging from anti-crime resources to advanced marketing tools, which aim to streamline operations for affiliates in the U.S. and Canada. Noteworthy additions include DO AudioTours, Formations, and Home Warranty of America, which offer innovative tools and essential services at negotiated rates. This initiative seeks to strengthen the RE/MAX Marketplace and empower agents to focus on client engagement and sales.
On February 8, 2023, RE/MAX announced that ten of its leaders were recognized in RISMedia's 2023 Real Estate Newsmakers list for their significant contributions to the real estate industry. Among the honorees are five leaders from RE/MAX, LLC, including President and CEO Nick Bailey. The recognition highlights strategic initiatives introduced in 2022, such as a new Teams pilot program, Mergers & Acquisitions initiative, and the launch of MAX/Tech powered by kvCORE technology. This acknowledgment underscores RE/MAX's commitment to enhancing homeownership and elevating industry standards.
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