RE/MAX Celebrates Strong Franchise Growth in First Quarter

DENVER, May 18, 2021 / PRNewswire / – RE / MAX, LLC announced today that the global real estate franchisor has sold over 160 franchises and renewed over 270 brokerage businesses in the first quarter of 2021. Earlier this month, RE / MAX Holdings, Inc., the parent company of RE / MAX, announced in its earnings report for the first quarter of 2021 that between January 1st and March 31st, 2021The company saw the largest increase in agent numbers in over a decade year over year, adding more than 8,000 real estate agents to the RE / MAX brand. During this time, RE / MAX has also expanded the brand’s presence in Englandand further expanded to Wales.

RE / MAX agent worldwide performance accelerated in the first quarter, increasing more than 16% year over year in regions outside the US Canada The total agent count for the brand increased 6.4% to approximately 140,000 agents. In addition, global growth during this period included 102 franchises sold.

“We have grown rapidly around the world because there is an unmet need for experienced sales partners and professionals around the world,” he said Shawna Gilbert, RE / MAX Vice President for Global Development. “We are already present in many of the places our competitors want to go and the offices in these regions are building on their strong foundations and growing to meet that demand.”

Peter LuftRE / MAX, vice president of Franchise Sales, attributes the franchisor’s growth in the US in part to several important recent additions to the company’s value proposition. “We recently announced several new training programs, health insurance coverage, training resources and enhancements to our technology suite to enable RE / MAX agents to leverage these unique competitive advantages to thrive in this incredibly tight market,” he said. “We have a convincing franchise model that is not only well suited to the requirements of today’s market, but also adapts to the changing trends in real estate for the future. We have been doing this for almost 50 years.”

In addition to significant increases in agent and franchise sales in 2021, RE / MAX, LLC was recently recognized by Entrepreneur Magazine for multiple franchise awards including: Fastest Growing Franchise1 and Ranked # 8 for the 8th consecutive year 21 on the top franchises for less than $ 100,0002 list.

From a single office that opened in 1973 Denver, ColoradoRE / MAX has grown into a global real estate network with nearly 140,000 sales employees in more than 110 countries and territories.

For more information on RE / MAX, LLC, a company building company, please visit remax.com. Each office is owned and operated independently.

Via the RE / MAX network
As one of the world’s leading real estate franchisors, RE / MAX, LLC is a subsidiary of RE / MAX Holdings (NYSE: RMAX) with nearly 140,000 agents in more than 110 countries and territories. Nobody in the world sells more real estate than RE / MAX®, measured by the transaction pages of residential real estate. RE / MAX was founded in 1973 by Dave and Gail LinigerWith an innovative, entrepreneurial culture that offers its agents and franchisees the flexibility to run their businesses with great independence. RE / MAX agents have lived, worked, and served in their local communities for decades, raising millions of dollars each year for Children’s Miracle Network Hospitals® and other charities. To learn more about RE / MAX, search for home listings, or find an agent in your community, please visit www.remax.com. For the latest news on RE / MAX, visit news.remax.com.

12021 Entrepreneur Franchise 500 based on the number of new Franchise Units added onwards July 2019 by July 2020 Provided by companies that provide a complete franchise disclosure document.

2 Based on statistical data July 2020 Provided by companies that provide a complete franchise disclosure document. Rankings based on size and growth, costs and fees, support, brand strength, and financial strength and stability.

SOURCE RE / MAX, LLC