RE/MAX Int'l. Inc.

Real estate

Background

Founded: 1973 Franchising since: 1975
Founded by Dave and Gail Liniger in Denver in 1973, RE/MAX is now a global network of more than 116,000 real estate agents. The Linigers created the company to give agents higher commissions. In the RE/MAX system, agents are in charge of their own business, split office expenses equally with other agents and operate under a maximum commission concept.
P.O. Box 3907
Englewood, CO 80155-3907
Phone:
(800)525-7452


Franchisor is a privately-held company with 350 employee(s); 10 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 4,122 672 2,194 42
2007 4,344 655 1,974 41
2006 4,100 614 1,824 33
2005 3,702 587 1,384 28

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Special Programs
RE/MAX has been the exclusive real estate sponsor of the ChildrenÂ’s Miracle Network since 1992, raising more than $22 million for the organization in its first eight years of sponsorship.

Costs and Fees

Total investment: $35K-200K
Franchise fee: $12K-25K
Ongoing royalty fee: Varies
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 5 days
  • Semi-annual convention and conference

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Brochures, magazines, videos, online "extranet," business satellite network

Rankings

Franchise 500® rank:
#44 (2009); #10 (2008); #11 (2007); #8 (2006); #10 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#10 (2008); #7 (2007); #11 (2006); #21 (2005);

Low-Cost Franchises:
#10 (2009); #1 (2008); #2 (2007); #4 (2006); #4 (2005);

America's Top Global Franchises:
#38 (2009); #7 (2008); #6 (2007); #9 (2006); #7 (2005);


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