RE/MAX Sells 500+ Franchises and Renews 600+ Brokerages Amid Pandemic | News
DENVER, December 21, 2020 / PRNewswire / – RE / MAX, LLC announced today that the global real estate franchisor has sold 509 franchises and renewed 621 franchises worldwide between the start of coronavirus containment measures in March through the end of Q3 2020 and greeted North Macedonia into the RE / MAX family.
“The benefits of targeting the # 1 name in real estate in the US1 are even more important to successful entrepreneurs in a year as unpredictable as 2020,” he said Peter Luft, RE / MAX Vice President, Franchise Sales. “In addition to brand awareness, in 2020 we fully exploited the power of working with top manufacturers in the industry. With franchisees who exchange ideas and use exclusive new tools, training and technologies, this year has shown that the RE / MAX Network doesn’t do this. ” When times get tough We roll up our sleeves and get to work. “
With the support of the global franchisor, including world class resources and a huge network of referrals, RE / MAX brokers / owners are in business for themselves but not for themselves. In fact, RE / MAX doubled support for its network during the crisis.
“We came to RE / MAX simply because it was best for our agents and their businesses,” he said Chris Parker, Co-Broker / Owner of RE / MAX Incompass in West Chester, OH. “The tools and branding are second to none. We’ve been with RE / MAX for a little over 60 days and it’s everything I imagined. Knowing what we know now, I wish we had the jump to RE / MAX made it earlier. “
“We have so much more on the horizon,” said Josh Bolgren, Senior Vice President, Region Development. “The sales and renewals we’ve seen even in a year as unpredictable as 2020 confirm everything we’ve done up to that point. We’re focused on making sure RE / MAX franchisees have what they need to attract and develop the most skilled agents we are working closely with our new offices to help them grow their business and serve their local buyers and sellers. “
Of the 509 new RE / MAX franchises sold between March and September, 9 offices received conversions from existing independent or franchise businesses. One of those conversions was Katy and John Martinelli from RE / MAX 1st choice in Coral Springs, FL who left Real Living for RE / MAX in August.
“RE / MAX wants us to be successful, and we want our agents to have the tools and brand strength they need to grow their business,” said Martinelli. “It was time to move to RE / MAX and we look forward to continued success – for our agents and the home buyers and sellers we serve.”
One of a group of renewals in 2020 included RE / MAX Gold, a multi-brokerage business that includes RE / MAX One and RE / MAX Realty Affiliates. It’s the world’s leading RE / MAX franchise based on agent count. “When Gold Nation agents compete for listings, they bring a strong global brand and all of the tools and professionalism that go with it,” said the broker / owner and chief executive officer James O’Bryon said. “Who else can say that? Nobody.”
From a single office that opened in 1973 Denver, ColoradoRE / MAX has grown into a global real estate network with more than 135,000 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 over 135,000 agents in more than 110 countries and territories. Nobody in the world sells more real estate than RE / MAX when measured by the transaction pages of residential real estate. Dedicated to innovation and change in the real estate industry, RE / MAX launched Motto Mortgage, a groundbreaking mortgage franchisor, in 2016 and acquired booj, a real estate technology company, in 2018. 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.
1 Source: MMR Strategy Group Study on Unassisted Awareness.