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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 has been named the leading real estate franchise brand for the 13th consecutive year in the 2021 Franchise Times Top 400 survey. This achievement highlights RE/MAX's market strength, ranking #12 overall among various franchises including notable brands like McDonald's and 7-Eleven. The company boasts over 140,000 sales associates in more than 110 countries. Earlier in 2021, RE/MAX was also recognized in Entrepreneur's Franchise 500 survey, showcasing its financial strength and brand stability. This recognition reinforces the company's commitment to supporting its agents and brokers.
RE/MAX, LLC announces the inaugural Global RE/MAX Day on October 6, aiming to engage its network of nearly 140,000 affiliates in over 110 countries for community service efforts. Participants are encouraged to volunteer in various charitable activities. RE/MAX has a history of philanthropy, having raised over $170 million since 1992 for Children's Miracle Network Hospitals. The initiative reflects RE/MAX's commitment to community impact, fostering local involvement worldwide.
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RE/MAX Commercial concluded its 14th annual Commercial Symposium in Denver, focusing on emerging trends in the commercial real estate market. With insights from industry experts like Rick Sharga, who noted a strong rebound in commercial real estate post-pandemic, and Steve Weikal of MIT, discussing technological advancements, the event highlighted the importance of human interaction amid evolving tech. In 2020, RE/MAX Associates closed over 39,000 commercial transactions totaling $11.6 billion in sales volume, showcasing the network's ongoing growth and adaptation.
On September 10, 2021, RE/MAX Holdings (NYSE: RMAX) announced the retirement of Dan Predovich from its Board of Directors after 16 years of service. Chairman Dave Liniger expressed gratitude for Predovich's contributions during his tenure, highlighting his extensive expertise in finance and accounting. Predovich has retired from his CPA practice and now steps back from the board, signaling a transition in leadership. RE/MAX continues to be a leading global franchisor in real estate, with nearly 140,000 agents across over 110 countries.
RE/MAX has successfully closed the sale of Master Franchise Rights in Pakistan to American International Partners, enhancing its footprint in the fifth most populous country. Additionally, the franchise rights in Guyana have been sold to RE/MAX veteran Shiv Misir and partners. This expansion aims to elevate real estate standards in both regions and introduce the RE/MAX brand, offering improved services and trust in real estate transactions. Anticipated openings for RE/MAX Pakistan are set for Spring 2022, while Guyana's entry is projected by the end of September 2021.
Adam Contos, CEO of RE/MAX Holdings, announces his new book, "Start with a Win: Tools and Lessons to Create Personal and Business Success, " set for release on October 19, 2021. The book encompasses leadership strategies and personal growth lessons drawn from his experiences in real estate and law enforcement. It aims to help leaders manage chaos and foster resilience. All profits from sales will benefit Children's Miracle Network Hospitals. RE/MAX, a major franchisor in the real estate market, boasts nearly 140,000 agents across over 110 countries.
The RE/MAX Collection brand announced keynote speakers for its 9th Annual Luxury Forum, taking place on Oct. 27-28, 2021, at the JW Marriott Camelback Resort in Scottsdale. Notable speakers include HGTV host Tamara Day and Master Sommelier Alpana Singh. The event aims to enhance productivity for luxury agents, offering insights on client engagement and the use of social media. Registration costs $299, with an early bird rate of $249 until Aug. 31. RE/MAX, a leader in real estate franchising, boasts nearly 140,000 agents worldwide.
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RE/MAX announced significant growth in the first half of 2021, with nearly 400 new franchises and over 500 renewals worldwide. Notably, the acquisition of RE/MAX INTEGRA's North American regions added more than 19,000 agents and over 1,100 offices. In Q2 alone, the company sold over 50 franchises in the U.S. and Canada, and 175 internationally. Senior VP Josh Bolgren highlighted that this growth enhances brand visibility and market share. The company now operates nearly 140,000 sales associates globally, further solidifying its position as a leader in the real estate market.