RE/MAX Hld

RE/MAX Holdings, Inc. engages in the provision of real estate franchise services through its subsidiaries. It operates through the following segments: Real Estate, Mortgage, Marketing Funds, and Other. The Real Estate segment is comprised of the Company’s owned and independent global franchising operations under the RE/MAX brand name and technology and data subscription for Gadberry and the First app. The Mortgage segment is comprised of the firm's mortgage brokerage franchising operations under the Motto Mortgage brand name and mortgage loan processing services and licensed software under the wemlo brand. The Marketing Funds segment is involved in the operations of the marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The Other segment focuses on the legacy operations of the booj Platform. The company was founded by David L. Liniger and Gail A. Liniger in 1973 and is headquartered in Denver, CO.

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RE/MAX reports resilient Q4 performance, eyes growth through tech

RE/MAX Holdings reported a decline in Q4 revenue but showcased strong financial performance with a focus on agent growth and technology enhancements.
The company's commitment to shareholder value, brand legacy, and operational efficiency positions it well for future growth and market resilience.
Challenges in revenue stabilization and operational efficiency require attention, while opportunities in agent expansion and innovative programs offer avenues for growth.
Overall, RE/MAX Holdings' strategic initiatives and financial performance reflect a balanced approach to navigating market dynamics and driving long-term success.

RE/MAX reports Q1 earnings, navigates challenges, eyes growth opportunities

RE/MAX Holdings' Q1 2023 earnings call highlighted solid financial performance, operational strengths, market challenges, and growth opportunities. The company is focused on long-term strategic objectives, including investments for profitable growth. Key areas of focus include agent count growth, franchise sales momentum, and technology-driven initiatives.

RE/MAX reports mixed Q2 results, focuses on global growth opportunities

RE/MAX Holdings' Q2 2023 performance showcased mixed results with notable strengths in agent count growth, mortgage business success, and strategic initiatives. The company faces challenges in revenue decline and U.S. agent count losses but has opportunities to leverage its strengths for future growth.
By focusing on expense management, tightening guidance ranges, and addressing key concerns raised by analysts, RE/MAX aims to navigate challenges effectively and capitalize on growth opportunities in its core business segments.

RE/MAX Hld reports Q3 earnings, eyes dividend reinstatement post-settlement

RE/MAX Hld focuses on long-term growth amid industry challenges. Agents reevaluate career decisions based on market conditions. CEO search nears completion, with international market comparisons discussed.

RE/MAX Hld reports Q4 revenue of $76.6M, focuses on agent growth and mortgage expansion

RE/MAX Hld (RMAX) aims to stabilize and grow its U.S. agent count, expand the mortgage business, and drive strategic growth initiatives. Despite challenges like agent departures and market headwinds, the company is optimistic about improving performance in 2024. Opportunities for revenue growth and efficiency enhancements are being pursued through innovative technology and operational changes.

RE/MAX reports solid Q1 earnings, eyes growth amidst industry changes

RE/MAX Holdings delivered strong financial results and agent performance in Q1 2024, showcasing resilience amidst industry challenges and emphasizing growth opportunities.
Management's focus on agent support, adaptability, and financial performance underscores a strategic approach to navigating market dynamics and driving sustainable growth.
Despite challenges like the NAR settlement and macroeconomic conditions, RE/MAX remains optimistic about growth prospects and franchise expansion, aiming for continued success.

RE/MAX reports strong Q2 performance, eyes international growth opportunities

RE/MAX Holdings demonstrated resilience and adaptability in Q2 2024, leveraging strategic initiatives to drive growth and improve financial performance.
While facing challenges in certain market segments, the company's focus on innovation, agent support, and cost management positions it well for future opportunities.
By prioritizing cash reserves, reducing leverage, and exploring new markets, RE/MAX is poised to capitalize on emerging trends and solidify its market position.

RE/MAX Hld posts strong Q3 earnings, eyes growth opportunities

RE/MAX Holdings reported robust financial performance in Q3 2024, with revenue exceeding expectations and notable improvements in EBITDA margin. Despite challenges in the mortgage business, the company remains optimistic about the future and is focused on enhancing customer experience. Strong franchise sales and market share gains in Canada and internationally highlight growth potential for RE/MAX.

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RE/MAX Holdings, Inc. engages in the provision of real estate franchise services through its subsidiaries. It operates through the following segments: Real Estate, Mortgage and Marketing Funds. The Real Estate segment consists of the company’s owned and independent global franchising operations under the RE/MAX brand name and technology and data subscription for Gadberry and the First app. The Mortgage segment consists of the firm's mortgage brokerage franchising operations under the Motto Mortgage brand name and mortgage loan processing services and licensed software under the wemlo brand. The Marketing Funds segment is involved in marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The company was founded by David L. Liniger and Gail A. Liniger in 1973 and is headquartered in Denver, CO.

DENVER, June 17, 2021 /PRNewswire/ -- The typical May ramp-up in home sales didn't happen last month, as sales dipped 0.2% from April and home prices were uncharacteristically flat in the report's 53 metro areas. Also defying seasonal trends was a 7.1% drop in listed homes at a time of year when active inventory is normally building for peak summer sales months.

RE/MAX National Housing Report for May 2021

DENVER, June 16, 2021 /PRNewswire/ -- RE/MAX, LLC, will host its 2021 Broker Owner Conference (BOC) for the first time in Austin, Texas at the JW Marriott from Sunday, Aug. 8-Tuesday, Aug. 10.  The event will feature diverse and dynamic speakers, from artist to athlete, delivering a message of inspiration and overcoming the unimaginable.

RE/MAX Announces Keynote Speaker Lineup for 2021 Broker Owner Conference in Austin, Texas

DENVER, June 11, 2021 /PRNewswire/ -- Two widely respected industry rankings, released today and based on 2020 residential sales, bring new accolades to the #1 name in real estate.* According to the prestigious REALTrends + Tom Ferry "The Thousand" ranking, which graded participating U.S. agents by the number of homes sold in 2020 as well as by sales volume, RE/MAX has more of the nation's most productive real estate agents than any other brand.

RE/MAX Again Has More of the Nation's 1,000 Top Agents Than Any Other Brand, According to the 16th Annual REALTrends + Tom Ferry "The Thousand" Rankings

Deal Will Bring Nearly 19,000 Agents and Over 1,100 RE/MAX Offices into Company-Owned Regions Additionally, Nick Bailey, former Chief Customer Officer, Has Been Promoted to President, RE/MAX, LLC DENVER, June 3, 2021 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), today announced that RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, has entered into an agreement to acquire the North America regions of RE/MAX INTEGRA. Once completed, the acquisition will bring nearly 19,000 agents (approximately 12,000 in Canada and 7,000 in the U.S.) and more than 1,100 independently owned and operated RE/MAX offices under the RE/MAX, LLC Company-Owned Region (COR) umbrella.

RE/MAX Holdings, Inc. Announces Agreement To Acquire North America Regions From RE/MAX INTEGRA

DENVER, May 20, 2021 /PRNewswire/ -- RE/MAX, one of the world's leading franchisors of real estate brokerage services, revealed its proprietary First® app has helped affiliates grow their businesses and uncover new listings in the year since launching as a RE/MAX product in early 2020. First, an exclusive offering designed to help RE/MAX agents spend less time looking for business and more time building it, has had a significant impact.

New Insights into the First App Show It Gives RE/MAX Affiliates an Edge in Identifying New Business Opportunities

DENVER, May 18, 2021 /PRNewswire/ -- RE/MAX, LLC announced today that in the first quarter of 2021, the global real estate franchisor sold over 160 franchises and renewed over 270 brokerages. Earlier this month, RE/MAX Holdings, Inc., the parent company of RE/MAX, announced in its first quarter 2021 earnings report that between January 1 and March 31, 2021, the company saw its largest year-over-year increase in agent count in over a decade, adding more than 8,000 real estate agents to the RE/MAX brand.

RE/MAX Celebrates Strong Franchise Growth in First Quarter

DENVER, May 17, 2021 /PRNewswire/ -- On average, April home sales took just 32 days from listing to going under contract, while the Median Sales Price rose to $320,000 – both new records in the 13-year history of the report. These stats, and other key indicators, including a report record April for sales, signal a potentially torrid market going into the traditional peak sales months of May through August.

RE/MAX National Housing Report for April 2021

DENVER, May 10, 2021 /PRNewswire/ -- All real estate industry professionals are invited to attend the 2021 Coaches Corner Live Tour presented by RE/MAX ®, a 13-city tour that will offer in-person access to premier real estate coaches Tom Ferry , Jared James and Wayne Fredrick . These value-driven sessions will focus on how to navigate current market conditions and will provide an opportunity for real estate professionals to share best practices, successes, and insights with their peers.

Coaches Corner Live Tour Presented by RE/MAX to Hit the Road This Summer

RE/MAX Holdings, Inc. (RMAX) CEO Adam Contos on Q1 2021 Results - Earnings Call Transcript

RE/MAX (RMAX) delivered earnings and revenue surprises of -6.12% and -3.27%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

RE/MAX (RMAX) Misses Q1 Earnings and Revenue Estimates

DENVER, May 6, 2021 /PRNewswire/ -- First Quarter 2021 Highlights (Compared to first quarter 2020 unless otherwise noted) Total agent count increased 6.4% to 140,214 agents U.S. and Canada combined agent count increased 0.7% to 84,771 agents Total open Motto Mortgage franchises increased 27.1% to 150 offices1 Total Revenue of $72.3 million; Revenue excluding the Marketing Funds increased 2.7% to $54.2 million Net income attributable to RE/MAX Holdings, Inc. of $1.1 million and earnings per diluted share (GAAP EPS) of $0.06 Adjusted EBITDA2 of $23.2 million, Adjusted EBITDA margin2 of 32.0% and Adjusted earnings per diluted share (Adjusted EPS2) of $0.46 Operating Statistics as of April 30, 2021 (Compared to April 30, 2020 unless otherwise noted) Total agent count increased 6.7% to 139,862 agents U.S. and Canada combined agent count increased 2.0% to 85,076 agents Total open Motto Mortgage franchises increased 27.9% to 156 offices1 RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first national mortgage brokerage franchise brand in the U.S., today announced operating results for the first quarter ended March 31, 2021.  "A robust housing market and record Motto growth helped drive strong financial results for the first quarter," stated Adam Contos, RE/MAX Holdings Chief Executive Officer.

RE/MAX Holdings, Inc. Reports First Quarter 2021 Results

RE/MAX (RMAX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RE/MAX (RMAX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

DENVER, April 27, 2021 /PRNewswire/ -- This week, RE/MAX LLC is co-sponsoring the Closing General Session of the Asian Real Estate Association of America (AREAA) 2021 Diversity & Fair Housing Summit taking place on Wednesday, April 28, and Thursday, April 29. To register for the event please click here and enter complimentary code DFHS21MEDIA.

RE/MAX Announces Participation in the Asian Real Estate Association of America's 2021 Diversity & Fair Housing Summit

DENVER, April 14, 2021 /PRNewswire/ -- The 2021 Enterprise 20 report released by T3 Sixty ranks the industry's top 20 enterprises and top 20 franchise brands by 2020 sales volume, transaction sides, and agent count. RE/MAX agents lead both groups in agent productivity as measured by transaction sides per agent, averaging 15.7* sides per agent – more than double the average sides per agent of two-thirds of the companies in each group.

RE/MAX Leads Nation's Largest Real Estate Companies, Franchises in Agent Productivity, T3 Sixty Reports

DENVER, April 12, 2021 /PRNewswire/ -- Tomorrow, RE/MAX Holdings CEO Adam Contos will participate in the National Association of Hispanic Real Estate Professionals (NAHREP) 2021 National Convention & Housing Policy Summit's Opening General Session from 12:20-12:50 p.m. EDT. To register to view the session please click here and enter complimentary code NC21PRESS.

RE/MAX CEO Adam Contos to Address Impact of COVID-19 on Hispanic Homeownership During NAHREP National Convention Opening General Session

DENVER, April 7, 2021 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE:RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first national mortgage brokerage franchise brand in the U.S., will release financial results for the quarter ended March 31, 2021, after market close on Thursday, May 6, 2021, and will host a conference call for interested parties on Friday, May 7, 2021, at 8:30 a.m. Eastern Time.

RE/MAX Holdings, Inc. To Release First Quarter Results On May 6, 2021

DENVER, April 5, 2021 /PRNewswire/ -- Today, RE/MAX, LLC, announced the addition of eight companies to the RE/MAX Approved Supplier program, a list of vetted organizations providing business services to the RE/MAX network. All Approved Supplier services and products are offered through the RE/MAX Marketplace, a one-stop portal for RE/MAX affiliates in the U.S. and Canada to find exclusive deals on digital products, services, apps, technology and more.

RE/MAX Marketplace Continues to Grow with Addition of 8 RE/MAX Approved Suppliers in Q1

ORLANDO, Fla., March 25, 2021 /PRNewswire/ -- For the first time ever, RE/MAX hosted its annual convention in a hybrid format, featuring a virtual experience option, and an in-person one, at the Orlando World Center Marriott in Florida.

45th RE/MAX Convention Introduces New Tools, Resources and U.S. Healthcare Option for Most Productive Network in Real Estate

DENVER, March 25, 2021 /PRNewswire/ -- The 2021 REAL Trends 500 survey — one of the most widely followed reports in the real estate industry — showed RE/MAX agents at participating brokerages outsold competitors by more than 2-to-1* for the 11th consecutive year. Averaging 16.0 transaction sides, RE/MAX agents helped propel the brand's average past 2020 survey results following a remarkable year for housing.

RE/MAX Agents Outsell Competitors by More than 2:1 for the 11th Straight Year

DENVER, March 17, 2021 /PRNewswire/ -- The median home price reached $291,000 in February – the highest in the 13-year history of the report – while sales set a new high for the month and inventory continued to drop to record lows. The record February home sales were up 5.7% year over year, but the increase over January was flat at 0.3%.

RE/MAX National Housing Report for February 2021

DENVER, March 3, 2021 /PRNewswire/ -- On the heels of the RE/MAX Holdings, Inc. fourth quarter and full-year 2020 results announcement, RE/MAX, LLC announced today that in 2020, the global real estate franchisor sold over 1,000 franchises and renewed more than 1,100 brokerages. Amid...

RE/MAX Attracts Over 1,000 New Franchises, Renews More than 1,100 Brokerages in 2020

DENVER, March 2, 2021 /PRNewswire/ -- RE/MAX, the #1 name in real estate*, announced its upcoming RE/MAX R4 hybrid convention, dubbed "R4 Your Way," will feature Dave Ramsey, a #1 national best-selling author, personal finance expert and host of The Dave Ramsey Show, as a keynote speaker....

RE/MAX Announces Keynote Speakers for First-Ever Hybrid R4 Convention

RE/MAX Holdings, Inc. (RMAX) CEO Adam Contos on Q4 2020 Results - Earnings Call Transcript

RE/MAX Holdings, Inc. (RMAX) CEO Adam Contos on Q4 2020 Results - Quick Version Earnings Call Transcript

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