Re Max Hldgs Inc Stock Price, News & Analysis

RE/MAX Holdings, Inc. (NYSE: RMAX) has announced strategic initiatives to enhance growth, including a new program to attract and develop real estate teams and a brokerage mergers-and-conversions initiative. The company is also increasing investment in its mortgage segment, with plans to achieve $100 million in annual revenue by 2028. Key operating metrics as of June 30, 2022, show a 2.7% increase in total agent count and a 22% rise in Motto Mortgage franchises. Furthermore, RE/MAX is entering a partnership to provide agents with advanced technology through kvCORE.

RE/MAX Holdings, Inc. (NYSE: RMAX) will announce its financial results for Q2 2022, ending June 30, after market close on August 4, 2022. A conference call and webcast for investors will take place the following day, August 5, at 8:30 a.m. Eastern Time. RE/MAX is a leading real estate franchisor with over 140,000 agents in nearly 9,000 offices across more than 110 countries. The company also operates Motto Mortgage, a national mortgage brokerage franchise.

RE/MAX will host the 2022 Broker Owner Conference from August 14-16 in Nashville, Tennessee, featuring prominent speakers like Vernice "FlyGirl" Armour and Scott Hamilton. This event aims to provide networking opportunities and valuable insights for Broker/Owners to enhance their businesses. Attendees can expect uplifting messages from RE/MAX leaders including Nick Bailey and Dave Liniger, as well as other industry experts. Early-bird registration is available until June 30, and the conference includes various sessions and receptions.

RE/MAX continues to lead the real estate industry, boasting more top-ranked agents than any other brand, according to the RealTrends + Tom Ferry "The Thousand" list. In the latest rankings, RE/MAX agents secured 131 spots among the top 1,000 home-selling agents, maintaining a dominant presence for seven of the last nine years. Notably, 117 of the 502 agents closing the most residential transactions were from RE/MAX, outperforming competitors with an average of 2 to 1 in transaction sides. RE/MAX is celebrated for its productive network and commitment to professionalism.

RE/MAX Holdings, Inc. (NYSE:RMAX) has appointed Annita M. Menogan to its Board of Directors, effective June 1, 2022. Menogan, with extensive experience in public company leadership, is expected to enhance the Board's capabilities in legal and governance matters. Dave Liniger, Chairman and Co-Founder, highlighted her unique qualifications for driving business strategies. Menogan is also actively involved in non-profit boards and has served in various legal roles, including General Counsel at The Simply Good Foods Company. RE/MAX continues to expand its influence as a leading real estate franchisor globally.

In Q1 2022, RE/MAX added over 170 new franchises and renewed 285 affiliate offices, showcasing robust growth in its global real estate network. The company also expanded into Taiwan during this period. Total agent count rose by 2,191 year-over-year, reaching a record high of 142,405 agents. RE/MAX continues to attract driven agents with its global presence and resources, emphasizing its innovative culture and local community engagement.

RE/MAX Holdings, Inc. (NYSE:RMAX) announced that its Chief Financial Officer, Karri Callahan, and President & CEO of RE/MAX, LLC, Nick Bailey, will participate in two upcoming investor conferences. The events include the KBW 2022 Virtual Real Estate Finance & Technology Conference on May 26, 2022, and the 42nd Annual William Blair Growth Stock Conference on June 9, 2022. As a leader in real estate franchising, RE/MAX has over 140,000 agents in nearly 9,000 offices globally, selling more real estate than any other company.