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 (NYSE: RMAX) maintains its position as a global leader in real estate franchising through continuous innovation and strategic market expansion. This news hub provides investors and industry professionals with essential updates about the company’s operational milestones, financial performance, and agent network growth.
Access authoritative information on quarterly earnings, franchise developments, technology initiatives, and leadership updates. Our curated collection features official press releases and verified third-party reports, ensuring you stay informed about RMAX’s evolving position in residential and mortgage brokerage markets.
Key content categories include financial disclosures, strategic partnerships, agent network statistics, and regulatory filings. All materials are organized chronologically highlight RE/MAX’s progress in enhancing its technology platforms and expanding its international footprint across 100+ countries.
Bookmark this page for streamlined access to RE/MAX Holdings’ latest developments. Regularly updated content helps stakeholders make data-driven decisions while tracking the company’s performance in competitive real estate markets.
RE/MAX Holdings reported a 28% increase in total revenue to $91 million in Q3 2021 compared to the previous year. Excluding Marketing Funds, revenue grew by 25.9% driven by 6.9% organic growth and acquisitions, particularly the RE/MAX INTEGRA North American acquisition. However, the company faced a net loss of $25.1 million and a GAAP loss per share of $1.34. Adjusted EBITDA rose by 15.2% to $35 million, while agent count increased 4.6% to over 140,000. The company anticipates stronger growth in 2022, despite recent challenges.
RE/MAX Holdings (NYSE:RMAX) will release preliminary financial results for Q3 2021 on November 22, 2021, after market close. A conference call is scheduled for November 23, 2021, at 8:30 a.m. Eastern Time. The company is one of the largest franchisors of real estate brokerage services globally, with over 140,000 agents in more than 8,600 offices across over 110 countries. RE/MAX continues to innovate within the industry, having launched Motto Mortgage in 2016, which now has over 175 offices.
RE/MAX, LLC announced the appointment of Christopher Alexander as President of RE/MAX Canada on November 18, 2021. This follows the successful acquisition of RE/MAX INTEGRA, expanding their network to over 19,000 agents in Ontario and the Atlantic provinces. Alexander brings a strong background in real estate, having started as a RE/MAX Sales Associate in 2010. RE/MAX's agent count in Canada has recently grown by 10% year over year, reflecting its strong position in the market. The company aims to unify its brand strategy across Canada under Alexander's leadership.
RE/MAX announced that Gary Acosta, Co-Founder & CEO of NAHREP, received the "On the Shoulders of Giants" award at the RISMedia event on November 12, 2021. This award honors those whose contributions in real estate often go unrecognized. Acosta has significantly advanced NAHREP, which boasts over 40,000 members and 80 local chapters. He also founded the Hispanic Wealth Project, aiming to triple Hispanic household wealth by 2024. RE/MAX has partnered with NAHREP since 2015 and has sponsored this award for 15 years, showing its commitment to the Hispanic community.
RE/MAX Holdings, Inc. (NYSE: RMAX) has declared a quarterly cash dividend of $0.23 per share of Class A common stock. This dividend is payable on December 1, 2021, to shareholders recorded by the close of business on November 17, 2021. The company, a leading franchisor of real estate services, boasts over 140,000 agents in more than 8,600 offices worldwide. RE/MAX aims at continuous innovation, and in 2016 introduced Motto Mortgage, now with over 175 offices across nearly 40 states.
The RE/MAX Collection luxury brand successfully concluded its 9th Annual Luxury Forum at the JW Marriott Camelback Resort in Scottsdale, Arizona. This event gathered luxury real estate professionals, featuring esteemed speakers who shared insights on client engagement and social media strategies. The forum highlighted the Luxury Launchpad, a platform designed to enhance luxury real estate transactions and recognized as a finalist in the 2021 Inman Golden I Club awards. Attendees received valuable advice from industry leaders on expanding their businesses.
On Oct. 22, 2021, RE/MAX announced the addition of four new vendors to its Approved Supplier program, enhancing resources for its agents in the U.S. and Canada. The new suppliers include:
- MoveEasy: A platform assisting with moving tasks.
- Listing to Leads: An automated marketing tool for lead generation.
- Real Grader and Instacard: Tools for digital branding and contact sharing.
- Real Estate Shows: Automated real estate video tour service.
These resources aim to help agents enhance their business efficiency and customer service.
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