RE/MAX

RE/MAX

Real estate
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2022 Franchise 500 Rank
#130 Ranked #187 last year
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Initial investment
$43K - $287K
Units as of 2021
8,775 9.9% over 3 years

Company Overview

Founded by Dave and Gail Liniger in Denver in 1973, RE/MAX is now a global network of more than 140,000 real estate agents in more than 110 countries and territories. The Linigers introduced an agent-centric model with high commission splits. In the RE/MAX system, agents are in charge of their own business, share office expenses and operate under a high commission concept.

About RE/MAX

Industry
Services (Other)
Related Categories
Real Estate
Founded
1973
Parent Company
RE/MAX Holdings Inc.
Leadership
Adam Contos, CEO

Franchising Overview

Franchising Since
1975 (47 years)
# of employees at HQ
549
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
8,775 (as of 2021)

Franchisor Information

Corporate Address
5075 S. Syracuse St.
Denver, CO 80237-2712

Information for Franchisees

Here’s what you need to know if you’re interested in opening a RE/MAX franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$17,500 - $37,500
Initial Investment
$43,000 - $286,500
Cash Requirement
$35,000
Royalty Fee
$125-$165/agent/mo.
Ad Royalty Fee
$95-$162/mo.
Term of Agreement
5 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
RE/MAX offers in-house financing to cover the following: franchise fee

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
30 hours
Additional Training
Online and classroom training available on-demand
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
No
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Franchise 500 Ranking History

Compare where RE/MAX landed on this year’s Franchise 500 Ranking versus previous years.

Stock History for RE/MAX

Ticker Symbol for RE/MAX: RMAX

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021