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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.
LiveRamp (RAMP) and RE/MAX (RMAX) have announced a strategic collaboration to power the new REMAX Media Network, a platform connecting advertisers with RE/MAX's consumer audience. The partnership leverages LiveRamp's Clean Room technology to securely unify data from RE/MAX's monthly digital audience of 7.6 million users and 24.7 million impressions.
The integration enables advertisers across home improvement, luxury, automotive, and financial services sectors to engage with homebuyers through RE/MAX's website, newsletters, in-property digital displays, and network of nearly 50,000 U.S. agents. LiveRamp's data collaboration network, which includes 20 of the top 25 U.S. advertisers, enhances customer attributes to improve targeting precision and drive conversions.
REMAX (RMAX) has launched MAXRefer, an AI-powered global referral platform developed in partnership with RESAAS. The platform connects REMAX's network of over 145,000 agents across 110+ countries, streamlining referral exchanges and payment processing. MAXRefer leverages artificial intelligence to facilitate smart matches between agents and automates referral payments at closing.
As the first global real estate franchisor to utilize RESAAS's enterprise software (used by 600,000+ agents worldwide), REMAX aims to enhance agent productivity, increase network referrals, and strengthen its global presence. The platform launched on May 7, 2025, offering end-to-end referral process management from agent matching to transaction completion.
REMAX, the leading name in real estate, has appointed Daniel Dennis as Senior Vice President of Sales and Service. Dennis brings nearly 20 years of real estate leadership experience to strengthen the brand's broker and agent support services.
Dennis joins from Illustrated Properties Real Estate in Palm Beach, Florida, where he served as President, managing 600+ associates across 21 offices. His previous role as CEO of Roberts Brothers, a Berkshire Hathaway HomeServices affiliate, saw significant growth and profitability.
Key responsibilities in his new role include:
- Delivering enhanced services to brokerages in company-owned regions across the U.S.
- Leading the sales team for franchise growth
- Supporting company expansion through sales, conversions, mergers and acquisitions
This appointment follows recent leadership additions at REMAX, including Don Kottick as President of REMAX Canada, Chris Lim as Chief Growth Officer, and Travis Saxton as Executive Vice President of Strategy, marking a significant phase in the company's evolution.
RE/MAX (RMAX) has appointed Don Kottick as the new President of RE/MAX Canada, effective April 28, 2025. Kottick, formerly President & CEO of Sotheby's International Realty Canada, brings over 30 years of industry experience to oversee RE/MAX's Canadian operations.
Based in Toronto, Kottick will manage RE/MAX Canada's network of more than 25,000 agents across 970+ independently owned offices throughout all 10 provinces and two territories. He will provide direction, strategy, and support to RE/MAX Canada affiliates while collaborating with RE/MAX Quebec region leaders.
During his tenure at Sotheby's International Realty Canada, Kottick achieved significant growth, doubling the agent count and reaching record levels in sales volume and market share. His previous roles include Executive VP of Corporate Development at Peerage Realty Partners and President of Right At Home Realty.
RE/MAX reports significant market activity in March 2025, with home sales surging 23.0% from February, marking the largest month-over-month increase since March 2023. However, sales declined 1.4% year-over-year. Inventory levels showed substantial growth, with available homes up 35.5% from March 2024 and new listings increasing 29.8% from February.
The Median Sales Price reached $435,000, up 1.8% from February and 3.5% year-over-year. Market efficiency indicators remained stable, with buyers paying 99% of asking price and average Days on Market decreasing to 44 days from February's 51 days. The Months' Supply of Inventory stood at 2.3, showing improvement from last year's 1.7.
Regionally, Burlington, VT led price gains (+22.4% YoY), while San Francisco maintained the highest close-to-list price ratio at 104.8%. Washington D.C. experienced the largest monthly inventory increase at 25.3%.
RE/MAX Holdings (NYSE:RMAX), the parent company of real estate franchisor RE/MAX and mortgage brokerage franchise Motto Mortgage, has scheduled its first quarter 2025 earnings release for May 1, 2025, after market close.
The company will host a conference call and webcast to discuss Q1 2025 financial results on May 2, 2025, at 8:30 a.m. Eastern Time. Interested parties can access the webcast through the company's Investor Relations website, with participants encouraged to join 10 minutes before the start time.
For the telephonic version, participants must pre-register through a provided registration link to receive dial-in information and unique access credentials.
RE/MAX agents have maintained their industry-leading position in productivity for the 17th consecutive year, according to the 2025 RealTrends Verified rankings. Agents averaged 11.9 transaction sides, more than double the 5.3 average of competitors at large brokerages with 500+ transaction sides.
The company's agents demonstrated superior performance in sales volume, averaging $5.1M compared to competitors' $3.0M - a 68% advantage. Among nearly 1,300 qualifying brokerages, 300 (23%) are RE/MAX firms, with 79 of the top 100 most productive brokerages being RE/MAX when ranked by transaction sides per agent.
In the RealTrends Verified Billionaire's Club, 24 RE/MAX brokerages achieved over $1B in sales volume in 2024. The company also secured positions in the Top Movers list with three brokerages and eight recognitions in the Top 5 Year Movers category.
RE/MAX Holdings (NYSE: RMAX) announced that Ward Morrison, CEO of Motto Mortgage and wemlo, will retire effective June 15, 2025. Morrison will continue in a consultative role through the end of 2025.
Morrison played a important role in launching Motto Franchising, and the Motto Mortgage brand in 2016, developing the innovative Mortgage Brokerage In-A-Box℠ model. During the transition, Adam Sartin, Vice President of Franchise Growth & Development, will lead both brands while the company searches for a new leader.
Prior to his current role, Morrison served at RE/MAX, for over a decade, most recently as Vice President of Region Operations. His retirement decision coincides with his upcoming marriage in June, as he plans to focus on personal life.