RE/MAX Holdings, Inc. Class A Common Stock (RMAX)
Frequently Asked Questions About RE/MAX Holdings, Inc. Class A Common Stock (RMAX)
How can one become a RE/MAX franchise owner?
Becoming a RE/MAX franchise owner involves several steps, including filling out a franchise application, attending an introductory meeting, and assessing potential markets. Interested individuals should have a strong background in real estate, business acumen, and a commitment to uphold the company's values and standards. Once approved, the franchise owner will receive support and resources from RE/MAX to successfully launch and operate their franchise.
How does RE/MAX compare to its competitors?
RE/MAX distinguishes itself from competitors through its extensive global franchise network, agent-centric commission structure, and strong brand recognition. Unlike many traditional brokerages, RE/MAX allows agents to maintain a higher percentage of their earnings, which can be a significant incentive. The brand's commitment to innovation, education, and community involvement also sets it apart in a competitive real estate landscape.
How does RE/MAX maintain quality among its agents?
RE/MAX maintains quality among its agents through a stringent recruitment process, continuous training programs, and performance monitoring. The company places a strong emphasis on hiring experienced real estate professionals and provides access to training resources to enhance their skills. By encouraging ongoing education and adherence to high ethical standards, RE/MAX ensures that its agents deliver top-notch service.
How does RE/MAX support its agents?
RE/MAX supports its agents through a comprehensive suite of resources including training programs, marketing materials, and technology tools. The company invests in continuous education to keep agents updated on market trends and best practices. Furthermore, RE/MAX offers a robust online platform that facilitates connections with potential clients and enhances agents' visibility in the marketplace, ultimately helping them to grow their businesses.
How has RE/MAX adapted to technology changes?
RE/MAX has embraced technology advancements by integrating innovative tools into its operations and agent offerings. The company has developed a user-friendly online platform that enhances the home buying and selling process, providing virtual tours, digital marketing tools, and data analytics to help agents understand market trends. Moreover, RE/MAX continuously invests in training its agents on new technologies to ensure they can leverage these tools effectively to serve clients better.
How many franchises does RE/MAX have worldwide?
As of the latest data, RE/MAX operates over 8,000 franchises in more than 110 countries and territories around the world. This extensive network allows RE/MAX to connect buyers and sellers across different markets, tapping into local expertise while providing a global reach. The company's franchise model empowers independent agents and brokers to grow their businesses within a well-known and respected international brand.
Is RE/MAX a publicly traded company?
Yes, RE/MAX Holdings, Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol RMAX. The IPO took place in 2013, allowing the company to raise capital for expansion while providing investors an opportunity to participate in the growth of the RE/MAX brand and its business operations.
What are the benefits of working with a RE/MAX agent?
Working with a RE/MAX agent offers several benefits, including access to a vast network of experienced real estate professionals, cutting-edge technology tools, and comprehensive market knowledge. RE/MAX agents are typically well-trained and dedicated to providing exceptional service, which can result in smoother transactions for buyers and sellers alike. Moreover, the brand's strong reputation enhances clients' trust and confidence in their real estate dealings.
What are the core values of RE/MAX?
The core values of RE/MAX focus on professionalism, integrity, and community involvement. The company emphasizes the importance of ethical business practices and fostering strong relationships between agents and clients. Additionally, RE/MAX promotes a culture of collaboration and knowledge sharing among its agents to maintain a high standard of service within the real estate industry.
What does RE/MAX Holdings, Inc. do?
RE/MAX Holdings, Inc. is a global real estate brokerage company that provides a range of services primarily focused on helping individuals and families buy and sell residential properties. Founded in 1973, the company operates under the RE/MAX brand, which is recognized worldwide for its network of real estate agents and offices. In addition to residential real estate, RE/MAX also offers commercial brokerage services, property management, and various technology solutions designed to support real estate professionals and enhance customer experiences.
What initiatives does RE/MAX have for sustainability?
RE/MAX has initiated various sustainability efforts aimed at reducing its environmental impact and promoting eco-friendly practices within the real estate industry. The company encourages its agents and franchise owners to adopt green initiatives, such as utilizing energy-efficient marketing and office practices. Additionally, RE/MAX supports awareness and education programs related to sustainability, striving to create a more environmentally conscious community and encourage responsible property ownership.
What is RE/MAX's involvement in philanthropy?
RE/MAX is actively involved in philanthropic efforts, particularly focusing on children's healthcare and education. The company's charitable arm, the RE/MAX Foundation, supports initiatives like Children's Miracle Network Hospitals, which provides funding for pediatric care. RE/MAX encourages its agents and offices to participate in community service projects and fundraising events, fostering a culture of giving back to the communities they serve.
What is the RE/MAX commission structure?
RE/MAX operates under a flexible commission structure that allows franchise owners to determine their own commission splits. Typically, agents retain a significant part of their commission, often paying a monthly fee to the franchise for support and resources. This model encourages agents to be motivated and successful, as they can benefit directly from their performance without the constraints of traditional brokerage commission structures.
What is the significance of the RE/MAX balloon?
The RE/MAX balloon is an iconic symbol of the brand and is widely recognized in the real estate industry. The hot air balloon, which features the colors red, white, and blue, was introduced in 1978 as part of the company's marketing strategy. It has become synonymous with RE/MAX and represents the company's commitment to providing high-quality service and professionalism in the real estate market. The balloon is often used in advertising, promotional events, and community outreach programs.
What markets does RE/MAX serve?
RE/MAX serves both residential and commercial real estate markets globally. With franchises operating in over 110 countries, the company is positioned to provide services that cater to various market dynamics and customer needs. This enables RE/MAX to connect buyers and sellers across different regions, whether in local communities or international markets.
What role does the RE/MAX network play in real estate transactions?
The RE/MAX network plays a critical role in real estate transactions by connecting agents, buyers, and sellers across various markets. With a widespread presence, RE/MAX agents benefit from shared resources, local expertise, and a collaborative environment. This network facilitates smoother communication and cooperation, which can lead to quicker sales, enhanced marketing efforts, and a more streamlined experience for clients throughout the buying or selling process.
What services does RE/MAX offer?
RE/MAX offers a variety of real estate services that include residential and commercial property sales, leasing, property management, and consulting services. Additionally, the company provides tools and resources such as marketing support, technology platforms, and training programs to help its agents maximize their efficiency and success in the competitive real estate market.
When was RE/MAX founded?
RE/MAX was founded in 1973 by Dave and Gail Liniger in Denver, Colorado. The founders designed a franchise model that allowed agents to retain a larger share of their commissions compared to traditional brokerage models, which contributed to the company's rapid growth and popularity. Over the decades, RE/MAX has expanded globally, becoming one of the most recognizable names in the real estate industry.
Where is RE/MAX headquartered?
RE/MAX Holdings, Inc. is headquartered in Denver, Colorado, USA. The headquarters serves as the central hub for operations, support services, and strategic planning for the company's extensive network of real estate franchises throughout the United States and internationally.
What is the current price of RE/MAX Holdings, Inc. Class A Common Stock?
The current price of RE/MAX Holdings, Inc. Class A Common Stock is 7.910
When was RE/MAX Holdings, Inc. Class A Common Stock last traded?
The last trade of RE/MAX Holdings, Inc. Class A Common Stock was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of RE/MAX Holdings, Inc. Class A Common Stock?
The market capitalization of RE/MAX Holdings, Inc. Class A Common Stock is 140.54M
How many shares of RE/MAX Holdings, Inc. Class A Common Stock are outstanding?
RE/MAX Holdings, Inc. Class A Common Stock has 17.77M shares outstanding.