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RE/MAX HOLDINGS, INC. - RMAX STOCK NEWS

Welcome to our dedicated page for RE/MAX HOLDINGS news (Ticker: RMAX), a resource for investors and traders seeking the latest updates and insights on RE/MAX HOLDINGS stock.

RE/MAX Holdings, Inc. (NYSE: RMAX) is a global leader in real estate franchising and mortgage brokerage services. Founded in 1973 by Dave and Gail Liniger, RE/MAX operates with an innovative and entrepreneurial spirit, allowing agents and franchisees considerable autonomy in their operations. With over 140,000 agents in nearly 9,000 offices across more than 110 countries, the company's global reach is unmatched in the real estate sector.

RE/MAX Holdings operates through several key segments: Real Estate, Mortgage, Marketing Funds, and Others, with the Real Estate segment generating the majority of its revenue. The company’s subsidiary, RE/MAX, LLC, is renowned for having the most productive agents in the industry, as evidenced by its repeated recognition for excellence and industry leadership. In recent achievements, RE/MAX was celebrated for its executive leadership and industry influence, securing spots on various prestigious rankings, including the Swanepoel Power 200 and RISMedia's Real Estate Newsmakers.

In addition to its substantial contributions to the real estate market, RE/MAX has a strong community presence. The company has raised over $130 million for Children's Miracle Network Hospitals® and other charitable organizations, emphasizing its commitment to making a positive impact in the communities it serves.

RE/MAX's operational strategy includes global expansion and the continuous enhancement of its technology platforms. Recent initiatives include the launch of Motto Mortgage, the first and only national mortgage brokerage franchise in the U.S., which has expanded to over 225 offices across almost 40 states since its inception in 2016. Furthermore, RE/MAX is dedicated to providing top-tier support and resources to its franchisees and agents, driving both brand growth and agent success.

Financially, RE/MAX Holdings has shown resilience and strategic cost management amid market fluctuations. The company reported first-quarter 2024 revenue of $78.3 million, with significant contributions from recurring revenue streams. Despite a slight decrease in revenue compared to the previous year, the company's focus on high-quality service and efficient operations positions it well for future growth.

RE/MAX continues to innovate and adapt to changing market conditions, maintaining its status as the #1 name in real estate1. For the latest updates and more information, visit their official website at www.remax.com.

News

RE/MAX Dominates Major Industry Lists, Rankings for Exceptional Business and Leadership

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RE/MAX, LLC, a leading real estate franchisor, received multiple industry accolades in 2024, including being voted #1 Most Trusted Real Estate Agents in the U.S. and Canada. The brand's executives were honored in prestigious lists like Swanepoel Power 200 and RISMedia Newsmakers, highlighting their leadership in the real estate industry.
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RE/MAX HOLDINGS, INC. PROMOTES AMY LESSINGER TO PRESIDENT OF RE/MAX, LLC, ABBY LEE TO EVP OF MARKETING, COMMUNICATIONS, AND EVENTS, AND SUSIE WINDERS TO EVP, GENERAL COUNSEL

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RE/MAX Holdings, Inc. announces the promotions of three senior leaders, Amy Lessinger, Abby Lee, and Susie Winders, in recognition of their contributions. Amy Lessinger becomes President of RE/MAX, LLC, Abby Lee is promoted to Executive Vice President of Marketing, Communications, and Events, and Susie Winders is elevated to Executive Vice President, General Counsel, Chief Compliance Officer, and Secretary.
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RE/MAX HOLDINGS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

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RE/MAX Holdings, Inc. reports a decrease in total revenue and adjusted EBITDA for the fourth quarter of 2023 compared to the same period in 2022. The net loss attributable to the company also increased. Despite challenges in the housing market, the company remains optimistic for 2024.
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RE/MAX NATIONAL HOUSING REPORT FOR JANUARY 2024

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The press release highlights a significant surge in new listings of homes in January, with a 66.3% increase from December and a 21.5% rise compared to January 2023. This surge was accompanied by year-over-year growth in closed sales and inventory, indicating a positive outlook for the upcoming spring home sales season. The median sales price also saw a 5.2% increase from January 2023, reaching $405,000.
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Annual RE/MAX® R4 Convention Connects Agents to Resources, Education, Referral Opportunities

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RE/MAX, LLC will hold its annual R4® convention in Las Vegas, March 25-28, 2024, featuring thousands of agents from dozens of countries. The event will include educational sessions, networking opportunities, and business development activities, along with celebrity keynote speakers and a concert. The convention aims to help real estate professionals build their business, with a focus on demystifying artificial intelligence, maximizing referrals, securing listings, enhancing digital presence, and using technology and other resources.
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RE/MAX Voted '#1 Most Trusted Real Estate Agents' by Consumers in U.S. and Canada

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RE/MAX, LLC has been voted as the #1 Most Trusted Real Estate Agents in the USA and Canada for several years, according to an independent survey conducted by BrandSpark International in collaboration with Newsweek magazine. With over 140,000 agents in over 9,000 offices in more than 110 countries and territories, RE/MAX agents have been recognized for their high productivity and superior support. The survey results reinforce the trust and customer service that RE/MAX agents provide, making them the best option for consumers who want an elevated experience and outstanding results.
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RE/MAX HOLDINGS, INC. TO RELEASE FOURTH QUARTER AND FULL YEAR 2023 RESULTS ON FEBRUARY 22, 2024

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RE/MAX Holdings, Inc. (RMAX) will release financial results for the quarter and full year ended December 31, 2023, and will host a conference call and webcast for interested parties on February 23, 2024. Investors and participants can register for the telephonic version of the conference call in advance.
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Nearly 80% Of Prospective Homebuyers Willing to Adjust Their Homebuying Plans, Getting Creative to Achieve Homeownership in 2024

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RE/MAX, the #1 name in real estate, released a consumer survey revealing that prospective homebuyers are willing to consider creative property and financing options due to fluctuating market conditions and affordability concerns. The survey found that nearly 80% of buyers are considering adjusting their homebuying plans, with 43% considering other property types and financing options. Affordability remains a top priority, with 73% of respondents interested in purchasing a fixer-upper for a lower listing price, and 27.7% considering purchasing a home with a friend or family member. The survey reflects buyers' willingness to go outside their comfort zone to achieve homeownership in 2024.
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RE/MAX NATIONAL HOUSING REPORT FOR DECEMBER 2023

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December 2023 exhibited a traditional end-of-year slowing in housing market activity, with homes sold on the market for an average of 47 days, sales averaging 98% of the listing price, and a 2.5 months' supply of inventory. Home sales dropped 7.3% year over year, and inventory slipped just 0.7% from December 2022. New listings were up 2.7% year over year, and the median sold price of $400,000 was 3.9% higher than December 2022.
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24 New RE/MAX Offices Open in Last Three Months of 2023

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RE/MAX, LLC (RMAX) celebrates the addition of 24 RE/MAX offices in the U.S., welcoming nearly 330 agents between Oct. 2 and Dec. 31, 2023. The new offices, conversions, and expansions highlight the brand's attractiveness to real estate entrepreneurs, reaffirming RE/MAX as the #1 name in real estate.
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FAQ

What is the current stock price of RE/MAX HOLDINGS (RMAX)?

The current stock price of RE/MAX HOLDINGS (RMAX) is $11.11 as of November 15, 2024.

What is the market cap of RE/MAX HOLDINGS (RMAX)?

The market cap of RE/MAX HOLDINGS (RMAX) is approximately 207.5M.

What does RE/MAX Holdings, Inc. do?

RE/MAX Holdings, Inc. is a global leader in real estate franchising and mortgage brokerage services, known for its extensive network of over 140,000 agents in more than 110 countries.

Who founded RE/MAX?

RE/MAX was founded in 1973 by Dave and Gail Liniger.

How many agents does RE/MAX have?

RE/MAX has over 140,000 agents operating in nearly 9,000 offices across more than 110 countries.

What are the key segments of RE/MAX Holdings, Inc.?

The key segments include Real Estate, Mortgage, Marketing Funds, and Others, with the Real Estate segment generating the majority of revenue.

What recent achievements has RE/MAX accomplished?

RE/MAX has been recognized for industry leadership, with several executives listed on the Swanepoel Power 200 and RISMedia's Real Estate Newsmakers. The company also earned a spot on the Entrepreneur Franchise 500® ranking.

What is Motto Mortgage?

Motto Mortgage is a subsidiary of RE/MAX Holdings and is the first and only national mortgage brokerage franchise in the U.S., with over 225 offices across almost 40 states.

How does RE/MAX contribute to the community?

RE/MAX has raised over $130 million for Children's Miracle Network Hospitals® and other charities, emphasizing its commitment to community service.

What financial performance did RE/MAX report in the first quarter of 2024?

RE/MAX reported first-quarter 2024 revenue of $78.3 million, with a significant portion coming from recurring revenue streams.

What is the focus of RE/MAX's operational strategy?

RE/MAX focuses on global expansion, enhancing technology platforms, and providing top-tier support and resources to its franchisees and agents.

Where can I find more information about RE/MAX?

For more information about RE/MAX, visit their official website at https://www.remax.com.

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RE/MAX HOLDINGS, INC.

NYSE:RMAX

RMAX Rankings

#3819 Ranked by Market Cap
N/A Ranked by Dividends

RMAX Stock Data

207.46M
18.86M
12.39%
90.2%
3.27%
Real Estate Services
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