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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.
RE/MAX Holdings, Inc. (NYSE: RMAX) has declared a quarterly cash dividend of $0.23 per share, to be paid on November 30, 2022. Shareholders of record as of the close of business on November 16, 2022 will receive this dividend. RE/MAX continues to strengthen its position as a leading franchisor in real estate and mortgage brokerage, with over 140,000 agents across nearly 9,000 offices globally. The company emphasizes innovation in the real estate sector while managing risks, including potential impacts from market fluctuations and the ongoing pandemic.
RE/MAX, LLC announced the promotion of Shawna Gilbert to Senior Vice President of Global Development as of October 21, 2022. Gilbert will oversee RE/MAX Commercial, which operates with 11,000 brokers across over 80 countries, closing $19 billion in transactions in 2021. Her role focuses on supporting RE/MAX affiliates globally, fostering collaboration among nearly 60,000 regional owners and agents. Gilbert has been with RE/MAX since 2010, previously serving as Vice President of Global Development. She reports to Mike Reagan, Senior Vice President of Industry Relations and Global Growth.
RE/MAX has announced the promotion of Sandy Jamison to Vice President of Region Development for the Northeast, overseeing operations across 14 states and Washington, D.C. Jamison's leadership will focus on enhancing regional brokerage support and growth strategies, including mergers and acquisitions. With a background in franchise development and a tenure beginning in 2011, she previously served as Area VP for the West Region. This move aligns with RE/MAX's initiative to accelerate profitable growth through strategic mergers and conversions.
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RE/MAX Holdings, Inc. (NYSE:RMAX) will publish its financial results for the quarter ending September 30, 2022, on November 3, 2022, after market close. A conference call is scheduled for November 4, 2022, at 8:30 a.m. ET. Investors can register for the call and access the webcast via the Investor Relations website. RE/MAX, a leader in real estate franchising, boasts over 140,000 agents in nearly 9,000 offices across 110 countries. The company also operates Motto Mortgage, with over 200 offices in the U.S.
RE/MAX Holdings, Inc. (NYSE:RMAX) has appointed Grady Ligon as Chief Information Officer, bringing over 20 years of technology expertise. Ligon's previous roles include CIO at notable companies such as Fathom Realty and Berkshire Hathaway HomeServices. His leadership is anticipated to enhance the technological capabilities across RE/MAX and Motto Mortgage's platforms. This strategic move aligns with recent tech developments including a partnership to launch MAX/Tech Powered by kvCORE. The company aims to maintain a competitive edge and maximize value for all stakeholders as it navigates the evolving real estate landscape.
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RE/MAX announced strong franchise performance with over 180 new franchise agreements and 215 renewals globally from April to June 2022. This follows their strategic initiatives focusing on conversions and mergers, aimed at integrating brokerages into the RE/MAX network. Notable remarks include the success of the new MAX/TechSM platform, enhancing marketing and business automation for affiliates. With a presence in over 110 countries, RE/MAX continues to solidify its position as a leading global real estate franchisor.
RE/MAX announced the sale of Master Franchise Rights in Benin to local sales associate Marc Houessou. This expansion marks RE/MAX's entry into a new market, aiming to enhance the real estate industry in Benin. Houessou plans to improve professionalism in local real estate practices by introducing a comprehensive training program through the College de l'immobilier Benin. The initiative is expected to provide better services to homebuyers and sellers, showcasing RE/MAX's commitment to empower local communities.