Agent-Centric Model and Recovering Market Attract Thousands
DENVER – April 3, 2015 – (RealEstateRama) — The global real estate franchisor, RE/MAX (NYSE:RMAX) now counts over 100,000 agents in its network. Ending 2014 with 98,010 agents worldwide, RE/MAX attracted more than 2,000 agents in just the first few months of 2015 to reach this significant milestone.
“As our agent count grew over the last three years, we knew that the 100,000 threshold would be crossed very soon,” said Dave Liniger, CEO, Chairman of the Board and Co-Founder of RE/MAX, LLC. “Our agent-centric business model has attracted top producers for 42 years. It’s nice to have such large numbers, but we’re most proud of the quality agents who call RE/MAX home.”
RE/MAX agent growth picked up steam in 2015 and as of April 1 had risen 2.1%, after increasing 5.1% in all of 2014. RE/MAX continues its trend of agent growth while the National Association of Realtors reported February home sales at levels 4.7% higher than one year ago.
“In an improving market, the most productive agents will want to affiliate with a recognized brand that supports their efforts with valuable resources and innovative technology tools,” Liniger added.
The best agents seek out organizations that can help them succeed in a competitive environment. RE/MAX provides a comprehensive training platform, RE/MAX University, that is available 24/7 on-demand anywhere in the world. RU has been recognized with numerous training and video awards.
And since 2006, RE/MAX has provided over 14 million online leads to its agents without a referral fee. Other services include a creative advertising campaign and the RE/MAX Design Center, an online marketing site where agents can create customized materials using professionally designed templates.
RE/MAX agents consistently rank among the most productive in the industry. In the United States, RE/MAX agents averaged 15.6 years of real estate experience and 16.0 transaction sides in 2014.
Selling five Master Franchises in 2014, RE/MAX reached around the world to nearly 100 countries. No other real estate brand can match this global footprint. It remains true that nobody in the world sells more real estate than RE/MAX.
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About the RE/MAX Network:
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence.
Over 100,000 agents provide RE/MAX a global reach of nearly 100 countries. Nobody sells more real estate than RE/MAX.
RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a wholly-owned subsidiary of RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc. (NYSE:RMAX).
With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $150 million for Children’s Miracle Network Hospitals® and other charities.
For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com.
For the latest news about RE/MAX, please visit www.remax.com/newsroom.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “intend,” “expect,” “estimate,” “plan,” “outlook,” “project” and other similar words and expressions that predict or indicate future events or trends that are not statements of historical matters. These forward-looking statements include statements regarding the future performance of the housing market, the Company’s financial and operational outlook, the Company’s belief that business fundamentals remain strong, as well as other statements regarding the Company’s strategic and operational plans. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. Such risks and uncertainties include, without limitation, (1) changes in business and economic activity in general, (2) changes in the real estate market, including changes due to interest rates and availability of financing, (3) the Company’s ability to attract and retain quality franchisees, (4) the Company’s franchisees’ ability to recruit and retain agents, (5) changes in laws and regulations that may affect the Company’s business or the real estate market, (6) failure to maintain, protect and enhance the RE/MAX brand (7) fluctuations in foreign currency exchange rates, as well as those risks and uncertainties described in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operation” in the most recent Form 10-K filed with the Securities and Exchange Commission (“SEC”) and similar disclosures in subsequent reports filed with the SEC, which are available on the investor relations page of the Company’s website at www.remax.com and on the SEC website at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made. Except as required by law, the Company does not intend, and undertakes no duty, to update this information to reflect future events or circumstances.
Contacts:
Shaun White
Vice President,
Public Relations
RE/MAX, LLC
303-796-3405
