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) will announce its financial results for Q2 2021 on August 4, 2021, after market close. A conference call for stakeholders is scheduled for August 5, 2021, at 8:30 a.m. Eastern Time. RE/MAX is a leading global real estate franchisor, with nearly 140,000 agents in over 110 countries. The company also operates Motto Mortgage, which has expanded to over 150 offices since its launch in 2016. Investors can access the conference call and webcast through the company's Investor Relations website.
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RE/MAX, LLC will host its 2021 Broker Owner Conference (BOC) in Austin, Texas, from August 8-10, featuring diverse speakers like Grammy-winning composer Eric Whitacre and athlete Gilbert Tuhabonye. The conference targets RE/MAX brokers, owners, and managers, emphasizing inspiration and innovative business strategies. Early bird registration costs $550, increasing to $650 after July 1 and $750 on-site. RE/MAX, a leading global real estate franchisor, has nearly 140,000 agents worldwide and is known for its entrepreneurial culture.
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RE/MAX Holdings, Inc. (NYSE: RMAX) announced the acquisition of North America regions from RE/MAX INTEGRA for approximately $235 million. This acquisition will add nearly 19,000 agents and over 1,100 offices into the RE/MAX, LLC Company-Owned Regions. CEO Adam Contos emphasized this as the largest regional acquisition in company history, enhancing growth opportunities and operational efficiencies. Nick Bailey has been promoted to President of RE/MAX, LLC. The deal is expected to close in Q3 2021, pending customary conditions and financing.
RE/MAX has announced that its proprietary First® app has significantly boosted productivity for its agents since its launch in early 2020. Notable statistics include a 9% average productivity increase for users and over 33,000 new listings identified from agents' contacts. Agents utilizing the app win an average of eight listings within three months. The app, acquired from a North Carolina tech company, leverages machine learning to enhance business opportunities, which is critical given the historically low housing inventory in the U.S.
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The 2021 Coaches Corner Live Tour presented by RE/MAX will take place across 13 cities, starting on June 8 in Houston and concluding on August 6 in Austin. The event features renowned coaches such as Tom Ferry, Jared James, and Wayne Fredrick, designed to equip real estate professionals with strategies to excel in a changing market. Registration is $25, with a waiver for the first 50 registrants per city. For more details, visit www.CoachesCornerLiveTour.com.