What is an RE/MAX franchise?
RE/MAX, LLC is formerly known as RE/MAX International, Inc. The franchise offered is for the operation of a RE/MAX real estate sales office, which offers a variety of real estate services to the general public.
Why work with RE/MAX?
The RE/MAX system appeals to motivated, qualified real estate professionals around the world who want to deliver unforgettable service and results to their clients. No matter what language you speak or what country you call home, the RE/MAX image, brand-name recognition and global presence can open many doors for you.
What kind of Business is a real estate franchise?
Franchise Description: The franchisor, RE/MAX, LLC, is engaged in the business of developing a network of affiliated real estate brokerage offices throughout the United States, Canada and elsewhere. The franchise offered is for the operation of a RE/MAX real estate sales office, which offers a variety of real estate services to the general public.
How many RE/MAX agents are there in the world?
Networking and Referrals: RE/MAX Affiliates enjoy a referral network of nearly 90,000 agents, in more than 85 countries around the world. Thousands of brokers and agents gather each year, at the annual RE/MAX convention and regional events. These annual events offer training, motivation and networking specifically geared for RE/MAX Brokers.
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Does Remax have a franchise fee?
Total Investment: The total investment necessary to begin operation of a “Remax” franchise ranges from $40,000 – $284,400. Initial Fees: Initial franchise fee: $17,500 – $35,000.
What is RE MAX short for?
RE/MAX, short for Real Estate Maximums, is an American international real estate company that operates through a franchise system.
Who owns Re Max Holdings?
- RE/MAX was founded in 1973, in Denver, Colo., by Dave and Gail Liniger, who still lead the network today. - RE/MAX has held number one market share in the U.S. and Canada since at least 1999, as measured by total residential transaction sides completed by its agents.
Why is re Max the best?
With RE/MAX, you receive more than training and education; you gain access to complete agent development. This approach has no end. Throughout your RE/MAX career, you're exposed to ongoing opportunities to grow and improve your business.
How old is Dave Liniger Remax?
How old is David Liniger? David Liniger is 74, he's been the Non-Executive Chairman of the Board and Co-Founder of RE/MAX Inc since 2018.
What does R4 stand for Remax?
R4, the annual RE/MAX convention known for its global attendance, unrivaled education and headline-grabbing entertainers, will be March 23-25, 2021, in Orlando, Florida.
Is Remax a good company?
ReMax is a trusted brand by many people and has been recognized by sources such as the Trusted Real Estate Agents by BrandSpark, an independent market research company. In partnership with Newsweek, BrandSpark surveyed thousands of people about REMAX and found it to be a trustworthy company.
Is Re Max publicly traded?
RE/MAX Holdings, Inc. common stock is currently traded on the NYSE under the ticker symbol “RMAX”.
What is Adam Contos salary?
What is the salary of Adam Contos? As the Chief Executive Officer and Director of RE/MAX Inc, the total compensation of Adam Contos at RE/MAX Inc is $2,062,210.
How much does a re MAX franchise owner make?
RE/MAX Franchise Owners earn $50,000 annually, or $24 per hour, which is 18% lower than the national average for all Franchise Owners at $60,000 annually and 28% lower than the national salary average for all working Americans.
What is Remax Commission split?
RE/MAX lets agents choose between a 95/5 commission split, plus a monthly desk fee, and an 80/20, 70/30, or 60/40 split with no monthly desk fee. However, there might be differences among different RE/MAX offices.
Who is the best real estate company?
Best Real Estate Companies of 2022BrokerageBest ForKeller Williams(Best Overall) Agents at all stages of their careerRE/MAXHigh-performing, established agentsColdwell BankerNew agentseXp RealtyPart-time agents2 more rows•Oct 3, 2022
Is Remax a good company?
ReMax is a trusted brand by many people and has been recognized by sources such as the Trusted Real Estate Agents by BrandSpark, an independent market research company. In partnership with Newsweek, BrandSpark surveyed thousands of people about REMAX and found it to be a trustworthy company.
Who is the CEO of Re Max?
Nick Bailey (Jan 11, 2022–)RE/MAX / CEO
Where is re/max headquarters?
Denver, CORE/MAX / Headquarters
What is Adam Contos salary?
What is the salary of Adam Contos? As the Chief Executive Officer and Director of RE/MAX Inc, the total compensation of Adam Contos at RE/MAX Inc is $2,062,210.
Going up?
That’s why now is a great time to elevate your vision, your career and your lifestyle alongside the #1 name in real estate. 3 Owning a RE/MAX franchise can help lift your business to its highest potential.
Business-boosting averages
Other networks may talk a big game, but there’s no denying the numbers. RE/MAX tops the charts for major metrics such as total global transactions 1, U.S. and Canadian brand awareness 3, transactions per agent at large brokerages 2 and global presence.
What does RE/MAX offer you?
Comprehensive and intensive training that includes several courses and seminars.
How many agents does RE/MAX have?
Established in 1973, the RE/MAX brand now has over 120 000 agents in more than 8350 offices around the globe. The RE/MAX franchise model is not an experiment - there are 20 000 agents in Europe alone who are proof that the model works. The brand is extremely visible, if not dominant in countries like Italy, Portugal, Switzerland, Austria, Malta, and the list goes on. It is a network of real estate professionals that you can learn from and who can motivate each other. If you want to build a successful real estate franchise and increase revenue, there is only so much that you can do alone.
What is a RE/MAX franchise?
RE/MAX is a brand that values independence and the ability to retain the maximum percentage of your earned commissions.
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How long is the RE/MAX franchise training?
Training Overview: Franchisees or their principal owner and the manager, if any, will be provided with a mandatory 4.5 day training program at the franchisor’s headquarters in Colorado. Franchisees or their principal owner and the manager, if any, must attend and complete the training, although achievement of a stated level of performance is not required. Franchisees or their principal owner will also be required to complete a two-day “Momentum Field Training,” through either RE/MAX, LLC or RE/MAX Regional. Prior to renewal, franchisees may be required to complete the RE/MAX 501: Maximizing Your Office Potential course and/or such other training or courses deemed necessary by the franchisor. Maximizing Your Office Potential is a management refresher course developed to help franchisees adapt to the increasingly complex real estate industry. The franchisor conducts an annual convention and may periodically conduct training conferences designed to build the RE/MAX image, assist franchisees in recruiting potential sales associates and provide an international forum for exchanging ideas on managing and operating RE/MAX offices. Attendance is optional for these events.
What is a RE/MAX franchise?
Franchise Description: The franchisor, RE/MAX, LLC, is engaged in the business of developing a network of affiliated real estate brokerage offices throughout the United States, Canada and elsewhere. The franchise offered is for the operation of a RE/MAX real estate sales office, which offers a variety of real estate services to the general public. All prospective franchisees, renewing franchisees, and transferees must meet the then current subjective and objective standards for new franchisees, including those related to relevant experience, education and licensing, background and past record of compliance with laws, financial capacity, skills, integrity and other qualities of character.
What is a franchisee's territory?
Territory Granted: Franchisees are granted the right to operate the office at a specific address-only location that first must be approved. Franchisees will not receive an exclusive territory or any other type of territorial protection. Franchisees may face competition from other franchisees, from outlets that the franchisor may come to control, from franchises in other channels of distribution that the franchisor operates, or from additional channels of distribution or competitive brands that the franchisor may come to own or control.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is five years. If franchisees meet the requirements for renewal, the franchise may be renewed for an additional five-year period on the then-current terms.
Does a franchisee get financing for renewal?
Financial Assistance: A franchisee that is renewing an existing franchise may finance a portion of the renewal fee through the franchisor. Other than this assistance, the franchisor does not offer direct or indirect financing, does not guarantee a franchisee’s note, lease or obligation, and does not receive a fee from any financing source.
Can a franchisee compete with other franchisees?
Franchisees may face competition from other franchisees, from outlets that the franchisor may come to control, from franchises in other channels of distribution that the franchisor operates , or from additional channels of distribution or competitive brands that the franchisor may come to own or control.
Is there a minimum performance requirement for a RE/MAX franchise?
There are no minimum performance standards, other than attending the full training program that must be satisfied during training. Franchisees will be expected to meet high standards of real estate service and professionalism reflective of the goodwill and respect enjoyed by the RE/MAX name and organization.
How Much Does a RE/MAX Franchise Cost?
So how much does a RE/MAX franchise cost? While you can choose between several franchising options, an all-in investment amount that covers the franchise fee and startup costs is $39,500.
How Do I Start a RE/MAX Franchise?
If you’re ready to apply for a RE/MAX franchise, “it all starts with a zero-pressure conversation.” The franchise sales team will gladly offer several franchising options fit for your business needs. However, you have to be a licensed real estate broker to buy a real estate franchise or independent brokerage.
What is The Mr. Appliance Franchise Cost?
For your home and office appliance needs and repairs, there’s only one name you can trust if you’re in the United States or Canada. Mr. Appliance is a reliable company with decades of experience. The company has been offering franchising opportunities since 1996. So, if you want a money-making venture, learn more about Mr. Appliance’s franchise terms and costs.
How much can a franchisee finance?
It’s possible to finance up to 100% of the initial franchise fee for a period of up to 60 months. The offer will be set at an interest rate of the then-current prime rate and 2.5% APR.
How long does franchising training last?
The franchisor will hold an initial training period for the franchisees and a manager. However, if it’s an entity or a corporation, a managing owner (at least 10% interest) must undergo training. The location of the training could be held at a franchise store or a support center. Initial training includes the “Franchise Induction Program.” It lasts ten days and can be extended depending on the franchisee.
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How many Jan Pro cleaning systems are there?
Since its founding in 1991, JAN-PRO Cleaning Systems Master has over 10,000 units of franchise locations. After founding the business in 1991, they started offering franchise opportunities in 1992 under JAN-PRO Franchising International, Inc.
