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.

RE/MAX (RMAX) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down 9.3% in 4 Weeks, Here's Why You Should You Buy the Dip in RE/MAX (RMAX)

DENVER, Sept. 10, 2021 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX) today announced that Dan Predovich has retired from the RE/MAX Holdings Board of Directors.

Dan Predovich Retires From Board Of Directors Of RE/MAX Holdings

DENVER , Sept. 1, 2021 /PRNewswire/ -- RE/MAX, LLC today announced it has closed the sale of Master Franchise Rights in Pakistan to American International Partners, LLC, owned by Muhammad Saleem, Rafay Qamar and Imran Gondal, three ambitious and experienced entrepreneurs.

RE/MAX Sells Master Franchise Rights in Two New Countries Expanding Global Presence

DENVER, Aug. 26, 2021 /PRNewswire/ -- Adam Contos, the CEO of one of the world's leading franchisors in the real estate industry, announces the release of his new book, "Start with a Win: Tools and Lessons to Create Personal and Business Success," available in-stores on October 19. Offering a powerful exploration of how leaders process information and lead effectively, especially during times of crisis, the book is packed with the practical lessons Contos learned throughout his career and as the head of RE/MAX Holdings.

RE/MAX Holdings, Inc. CEO Adam Contos Reveals Leadership Strategies in New Book Titled, "Start with a Win: Tools and Lessons to Create Personal and Business Success"

DENVER, Aug. 17, 2021 /PRNewswire/ -- July inventory uncharacteristically climbed 4.0% from June, marking the first two consecutive months of month-over-month inventory gains since April and May 2019. At the same time, July's 1.3 Months of Inventory set a new report low for the month.

RE/MAX National Housing Report for July 2021

DENVER, Aug. 16, 2021 /PRNewswire/ -- RE/MAX, the global real estate franchisor, announced today that in the first half of 2021 nearly 400 franchises have affiliated with the balloon globally. Furthermore, over 500 brokerages have renewed their franchise agreements.

RE/MAX: Nearly 400 Franchises Sold, 500+ Franchise Renewals Highlight Active First Half of 2021

DENVER, Aug. 10, 2021 /PRNewswire/ -- RE/MAX leaders gathered at the JW Marriott in Austin, TX this week for the global real estate franchisor's 2021 RE/MAX Broker/Owner Conference (BOC). Several sessions from the conference were also available via live stream for those registered to attend virtually.

RE/MAX Hosts 2021 Broker Owner Conference in Austin, Texas

RE/MAX Holdings, Inc. (RMAX) CEO Adam Contos on Q2 2021 Results - Earnings Call Transcript

RE/MAX (RMAX) delivered earnings and revenue surprises of 18.87% and 1.57%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

RE/MAX (RMAX) Surpasses Q2 Earnings and Revenue Estimates

Shares of RE/MAX Hldgs (NYSE:RMAX) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 65.79% year over year to $0.63, which beat the estimate of $0.56.

RE/MAX Hldgs: Q2 Earnings Insights

DENVER, Aug. 4, 2021 /PRNewswire/ --  Second Quarter 2021 Highlights (Compared to second quarter 2020 unless otherwise noted) Total agent count increased 6.3% to 140,201 agents U.S. and Canada combined agent count increased 3.0% to 85,494 agents Total open Motto Mortgage franchises increased 29.1% to 164 offices1 Total Revenue of $77.2 million; Revenue excluding the Marketing Funds increased 46.4% to $59.2 million Net income attributable to RE/MAX Holdings, Inc. of $5.2 million and earnings per diluted share (GAAP EPS) of $0.27 Adjusted EBITDA2 of $30.5 million, Adjusted EBITDA margin2 of 39.5% and Adjusted earnings per diluted share (Adjusted EPS2) of $0.63 Operating Statistics as of July 31, 2021 (Compared to July 31, 2020 unless otherwise noted) Total agent count increased 6.0% to 140,594 agents U.S. and Canada combined agent count increased 3.1% to 85,707 agents Total open Motto Mortgage franchises increased 32.2% to 168 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 second quarter ended June 30, 2021.  "Record financial results in the second quarter were driven by a historically strong housing market, improved performance from our core operations, and contributions from recent acquisitions," stated Adam Contos, RE/MAX Holdings Chief Executive Officer.

RE/MAX Holdings, Inc. Reports Second 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) Reports Next Week: Wall Street Expects Earnings Growth

RE/MAX Holdings Also Announces Amendment of Credit Agreement That Increases Capacity and Reduces Borrowing Costs Proceeds From New Term Loans to be Used to Repay Existing Indebtedness and Fund RE/MAX INTEGRA North American Regions Acquisition DENVER, July 21, 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 completed its previously announced purchase of the North American regions of RE/MAX INTEGRA. With the sale now closed, more than 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 are now in the growing group of RE/MAX, LLC Company-Owned Regions (COR).

RE/MAX Holdings, Inc. Announces Completion Of Purchase Of North American Regions From RE/MAX INTEGRA

DENVER, July 20, 2021 /PRNewswire/ -- RE/MAX, LLC, today announced the addition of five companies to the RE/MAX Approved Supplier program. Encompassing tools for everything from lead generation to digital payments and more, the new additions help make the program one of the most comprehensive offerings of business services in the industry.

RE/MAX Marketplace Adds 5 Vendors in Q2, Increasing Roster of Premiere Technology and Marketing Services Offered to Agents

DENVER, July 19, 2021 /PRNewswire/ -- June created the perfect trifecta for a hot housing market: June home sales and prices both set report records, while inventory grew for the first time in 15 months. The month of June, typically the biggest month of the year for home sales, saw sales soar 14.2% over a strong May and top all other months in the 13-year history of the report, which spans 53 metro markets.

RE/MAX National Housing Report for June 2021

DENVER, July 12, 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 June 30, 2021, after market close on Wednesday, August 4, 2021, and will host a conference call for interested parties on Thursday, August 5, 2021, at 8:30 a.m. Eastern Time.

RE/MAX Holdings, Inc. To Release Second Quarter Results On August 4, 2021

Bear of the Day: ReMax Holdings

DENVER, June 25, 2021 /PRNewswire/ -- RE/MAX, one of the world's leading franchisors of real estate brokerage services, announced today that its proprietary First® app is a first-place winner in the Products & Services Innovation Awards grouping in the 3rd annual Franchise Innovation Awards contest hosted by Franchise Update Media. The goal of the awards is to identify and recognize the franchisors creating and implementing the most original and innovative strategies and tactics to build their brand.

Exclusive-to-RE/MAX First App Wins Distinguished Franchise Update Media 2021 Innovation Award

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.

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