Welcome to our dedicated page for Re Max Hldgs news (Ticker: RMAX), a resource for investors and traders seeking the latest updates and insights on Re Max Hldgs stock.
RE/MAX Holdings, Inc. reports news about its franchise-based real estate and mortgage brokerage businesses. The company operates through the REMAX real estate brokerage brand and the Motto Mortgage brokerage franchise brand, with recurring updates on financial results, franchise network activity, brokerage affiliations, agent productivity, brand programs and housing-market reports.
Company announcements also cover material agreements, listing and technology initiatives, industry conferences, governance matters and capital-structure disclosures. News about RMAX is tied to residential real estate transaction trends, franchise recruiting and retention, mortgage brokerage expansion and the operating performance of its real estate, mortgage and marketing fund activities.
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RE/MAX Holdings, Inc. (NYSE: RMAX) announced the release of its financial results for the quarter ending March 31, 2023, scheduled for May 4, 2023, after market close. A conference call will follow on May 5, 2023, at 8:30 a.m. Eastern Time, accessible via webcast. RE/MAX is a leading real estate franchisor with over 140,000 agents in more than 9,000 offices globally. Founded in 1973, the company emphasizes an innovative culture that empowers its agents. The company also operates the Motto Mortgage brand, the first national mortgage brokerage franchise in the U.S., with over 225 locations in 40 states. Investors are encouraged to register for the call in advance and can find more information on the Investor Relations website.
According to the 2023 RealTrends 500 survey, RE/MAX agents surpassed competitors in transaction sides and sales volume for the 13th consecutive year. RE/MAX agents achieved an average of 13.6 transaction sides, compared to 6.2 for all other agents, and averaged $5.3 million in sales volume, significantly higher than the $3.2 million average of competitors. Additionally, 34 RE/MAX offices made the Billionaire's Club list, closing over $1 billion in sales in 2022. The survey underscores RE/MAX's robust agent productivity amid market shifts, reinforcing its position as a leading choice for consumers.
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RE/MAX announced the upcoming 2023 Global Commercial Symposium, set for April 24-26 in Chicago, Illinois. This premier event will bring together current and aspiring commercial real estate professionals for networking and educational opportunities. Keynote speakers include Rod Santomassimo from The Massimo Group and Ray Starling from Aimpoint Research. Attendees can participate in pre-conference sessions focused on achieving success in the competitive commercial real estate market. In 2022, RE/MAX closed over 55,000 commercial transactions, totaling more than $21.9 billion in sales and lease volume. Registration is now open.
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