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, Jan. 25, 2022 /PRNewswire/ -- RE/MAX, the global real estate franchisor, announced its upcoming 2022 RE/MAX R4® convention will feature prominent, dynamic speakers from multiple industries to help RE/MAX brokers and agents embrace new strategies for innovation. Attendees will also hear from distinguished RE/MAX leaders such as RE/MAX, LLC President and CEO Nick Bailey , RE/MAX Holdings, Inc. CEO Adam Contos, and RE/MAX Co-Founder and Chairman Dave Liniger.

RE/MAX Announces Keynote Speakers for 2022 R4 Convention

DENVER, Jan. 24, 2022 /PRNewswire/ -- RE/MAX Holdings, Inc. (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 and full year ended December 31, 2021, after market close on Wednesday, February 23, 2022, and will host a conference call and webcast for interested parties on Thursday, February 24, 2022, at 8:30 a.m. Eastern Time.

RE/MAX HOLDINGS, INC. TO RELEASE FOURTH QUARTER AND FULL YEAR 2021 RESULTS ON FEBRUARY 23, 2022

DENVER, Jan. 19, 2022 /PRNewswire/ -- Near-record December home sales cemented 2021 as the busiest year for home buying in the 14-year history of the report, while also setting records for smallest inventory and highest average home prices. On an annual basis, 2021 finished with nearly 10% more home sales than the previous record year of 2020.

RE/MAX National Housing Report for December 2021

DENVER, Jan. 18, 2022 /PRNewswire/ -- Home has always been important, but since the onset of the pandemic, many people's emotional attachment to their home has increased. For a lot of people, home the past few years has become a workplace, a school, a restaurant and a gathering place – the hub of their entire lives.

2022 RE/MAX National Ad Campaign Celebrates Significance of Home, Champions Real Estate Agents Who Lead the Way There

The average of price targets set by Wall Street analysts indicates a potential upside of 30.9% in RE/MAX (RMAX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe RE/MAX (RMAX) Could Rally 31%: Here's is How to Trade

DENVER, Jan. 11, 2022 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and of Motto Mortgage, the first national mortgage brokerage franchise brand in the U.S., today announced that Adam Contos, who has served as the Company's Chief Executive Officer since 2018, has informed the Company's Board of Directors (the "Board") of his decision to leave the Company effective March 31, 2022, to spend more time with his family and pursue new entrepreneurial endeavors.  He will also step down from the Company's Board effective March 31, 2022.

RE/MAX HOLDINGS, INC. ANNOUNCES LEADERSHIP TRANSITION

DENVER, Dec. 17, 2021 /PRNewswire/ -- The historically strong housing market continued to surge forward in November, as buyers gobbled up available homes seemingly as soon as they hit the market. Buyers finally saw some welcome relief on prices, with November's Median Sales Price dropping 2.9% to $330,000 – the largest monthly decline since the pandemic began.

RE/MAX National Housing Report for November 2021

DENVER , Nov. 24, 2021 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and of Motto Mortgage, the first national mortgage brokerage franchise brand in the U.S., announced today that Chief Financial Officer Karri Callahan and President of Motto Franchising, LLC Ward Morrison are scheduled to appear at the 2021 Stephens Investment Conference on Wednesday, December 1, 2021, at 8:00 a.m. CST. A link to the live webcast of the Fireside Chat, as well as the replay, will be available at https://investors.remaxholdings.com.

RE/MAX Holdings, Inc. to Participate In 2021 Stephens Investment Conference

RE/MAX Holdings, Inc. (RMAX) CEO Adam Contos on Q3 2021 Results - Earnings Call Transcript

DENVER, Nov. 22, 2021 /PRNewswire/ -- Preliminary Third Quarter 2021 Highlights (Compared to third quarter 2020 unless otherwise noted) Total Revenue increased 28.0% to $91.0 million Revenue excluding the Marketing Funds increased 25.9% to $67.7 million, and was comprised of 6.9% organic growth1, 18.3% growth from acquisitions and 0.7% growth from foreign currency movements Net loss attributable to RE/MAX Holdings, Inc. of $25.1 million and loss per diluted share (GAAP EPS) of $1.34 Adjusted EBITDA2 of $35.0 million, Adjusted EBITDA margin2 of 38.4% and Adjusted earnings per diluted share (Adjusted EPS2) of $0.71 Total agent count increased 4.6% to 140,936 agents U.S. and Canada combined agent count increased 2.2% to 85,656 agents Total open Motto Mortgage franchises increased 32.3% to 176 offices3 Operating Statistics as of October 31, 2021 (Compared to October 31, 2020 unless otherwise noted) Total agent count increased 3.8% to 141,399 agents U.S. and Canada combined agent count increased 1.9% to 85,746 agents Total open Motto Mortgage franchises increased 32.8% to 178 offices3 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 preliminary operating results for the third quarter ended September 30, 2021.  "We achieved record third quarter revenue, Adjusted EBITDA and Adjusted EPS driven by contributions from the largest Independent Region acquisition in our history, broad-based performance in our core operations, and a healthy housing market," said Adam Contos, RE/MAX Holdings Chief Executive Officer.

RE/MAX Holdings, Inc. Reports Preliminary Third Quarter 2021 Results

DENVER, Nov. 22, 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 preliminary financial results for the quarter ended September 30, 2021, after market close on Monday, November 22, 2021, and will host a conference call for interested parties on Tuesday, November 23, 2021, at 8:30 a.m. Eastern Time.

RE/MAX Holdings, Inc. To Hold Third Quarter Earnings Conference Call On November 23, 2021

Christopher Alexander to lead the Western & Ontario-Atlantic Canadian network of over 19,000 agents DENVER, Nov. 18, 2021 /PRNewswire/ -- RE/MAX, LLC (the "Company" or "RE/MAX") today announced that the Company has named Christopher Alexander as the President of RE/MAX Canada. Having recently completed the acquisition of the North American regions of RE/MAX INTEGRA, RE/MAX added the Ontario and Atlantic provinces (approximately 12,000 agents) to its previously owned Western Canada roster (approximately 7,000 agents).

RE/MAX, LLC Names Christopher Alexander As President Of RE/MAX Canada

DENVER, Nov. 18, 2021 /PRNewswire/ -- Pinched between a steep median sales price of $336,000 and record low inventory, October home sales tumbled 6.4% from September – almost double the typical seasonal decline. September had near-record sales, which also contributed to the steepness of the month-over-month sales decrease.

RE/MAX National Housing Report for October 2021

DENVER, Nov. 15, 2021 /PRNewswire/ -- RE/MAX, LLC and RISMedia are pleased to announce Gary Acosta, Co-Founder & CEO of the National Association of Hispanic Real Estate Professionals (NAHREP®), received the "On the Shoulders of Giants" award during the RISMedia Power Broker & Newsmaker Reception and Dinner on November 12 at the Marriott San Diego Marina in California. The "On the Shoulders of Giants" award was created to recognize individuals whose efforts, works, deeds and character exemplify superior achievements in and for the real estate industry, yet whose efforts often go unnoticed.

NAHREP Co-Founder & CEO, Gary Acosta, Honored with RISMedia "On the Shoulders of Giants" Award

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So, if the housing space should stay hot, or at least avoid a crash, what are some of the stocks to buy with high exposure to this industry. These seven, a mix of homebuilders, ibuyers, mortgage lenders, and real estate brokerages, are some of the top ones to consider: The post 7 Stocks to Buy to Profit From Today's Home Buyer FOMO appeared first on InvestorPlace.

7 Stocks to Buy to Profit From Today's Home Buyer FOMO

DENVER, Oct. 29, 2021 /PRNewswire/ -- This week, The RE/MAX Collection® luxury brand wrapped up its 9th Annual Luxury Forum at the JW Marriott Camelback Resort in Scottsdale, Arizona. This signature event provided affiliated luxury real estate professionals an opportunity to hear from an impressive lineup of known industry speakers and network among top-producing luxury agents.

The RE/MAX Collection Holds 9th Annual Luxury Forum Providing Attendees with Opportunities to Learn, Be Inspired and Network

DENVER, Oct. 25, 2021 /PRNewswire/ -- Today, RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, released survey findings on emerging real estate trends, on both the agent and consumer sides of the transaction, and what they mean for the future of home buying and selling. The survey, which was commissioned by RE/MAX in partnership with its agency of record Camp + King and conducted by leading consumer insights agency Canvas8, explores the cultural context and influential trends set to shape the real estate and housing landscape across the United States and Canada.

RE/MAX Publishes Findings from Survey on the Future of Real Estate

DENVER, Oct. 25, 2021 /PRNewswire/ -- Five years ago today, RE/MAX Holdings, Inc. Chairman and RE/MAX® Co-Founder Dave Liniger stood on a stage in Texas and launched a bold new way for real estate professionals to extend their reach and enter the mortgage brokerage space. He was joined onstage by Ward Morrison, who would lead an innovative new brand called Motto® Mortgage, the first national mortgage brokerage franchise in the U.S. Motto Mortgage expands nationwide footprint, announces integration with wemlo Loan Brokering System technology Much has happened since October 2016.

Motto Mortgage Celebrates 5th Birthday, Reflects on Growth and Looks to Future

DENVER, Oct. 22, 2021 /PRNewswire/ -- RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, today announced the addition of four vendors to the RE/MAX Approved Supplier program. Empowering agents with top resources that are easy to find, use and implement so they can focus on what they do best – helping clients buy and sell homes – this program offers comprehensive offerings of business services in the industry.

RE/MAX Marketplace Adds 4 Vendors in Q3, Providing Powerful Tools to Help Agents Level Up Their Business

DENVER, Oct. 20, 2021 /PRNewswire/ -- RE/MAX®, the #1 name in real estate*, was recognized for having the Most Trusted Real Estate Agents by BrandSpark®,** an independent market research company. In partnership with Newsweek, BrandSpark surveyed 8,000 American shoppers.

RE/MAX Voted Most Trusted Real Estate Agents by American Shoppers in the 2022 BrandSpark Most Trusted Awards

DENVER, Oct. 18, 2021 /PRNewswire/ -- With three-quarters of the year complete, 2021 is mirroring seasonal norms, unlike 2020, but maintaining strong momentum. September home sales dropped 7.0% from August's total and the Median Sales Price slipped 1.1% to $329,000 – both far less than the typical drop-offs as summer gives way to fall.

RE/MAX National Housing Report for September 2021

DENVER, Oct. 17, 2021 /PRNewswire/ -- Wemlo,SM the first third-party mortgage processing solution with an award-winning all-in-one digital platform, today announced the upcoming launch of an innovative new technology that aims to transform the mortgage brokerage industry. The revolutionary wemlo Loan Brokering System was developed to empower mortgage loan brokers.

Wemlo Announces Groundbreaking Loan Brokering System

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The S&P 500 stocks saw their aggregate trailing 12-month real revenue per share increase at a compound annual growth rate of approximately 3.12% over the past five years. The benchmark index for the U.S. stock market closed at 4,438.26 on Thursday, up approximately 106% over the past five years through Oct. 14.

3 Companies Growing Revenue Per Share Quickly

Re/Max has a time tested, consistently profitable business model. Smart investments in technology and acquisitions are keeping the company relevant and growing.

Re/Max: Bouncing Back In 2021

DENVER, Oct. 13, 2021 /PRNewswire/ -- RE/MAX®, the #1 name in real estate*, today announced a comprehensive reinvention of its RE/MAX University platform, an exclusive-to-RE/MAX learning hub designed to help each agent level-up their professional expertise. Built on intuitive new technology, RE/MAX University offers affiliates a modern, simplified experience as they access relevant educational resources via desktop or mobile devices.

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