RE/MAX® Ranked on Entrepreneur's Prestigious 2023 Franchise 500® List

Rhea-AI Summary

RE/MAX has been recognized on the Entrepreneur Franchise 500 list for the 39^th consecutive year, highlighting its position as a leading real estate franchisor.

This accolade reflects RE/MAX's robust franchise network, which boasts over 140,000 sales associates in nearly 9,000 offices across more than 110 countries.

The Franchise 500 evaluation considers factors such as costs, brand strength, and financial stability, providing a comprehensive score from over 150 data points. RE/MAX’s ranking underscores its strength as a franchise opportunity.

Positive

• Ranked on the Entrepreneur Franchise 500 list for 39 consecutive years.
• Strong global presence with over 140,000 sales associates and nearly 9,000 offices in 110+ countries.
• Recognition indicates financial stability and strong brand value.

Negative

• None.

Honored for the 39^th Straight Year, the Tradition of Excellence Carries On

DENVER, Jan. 24, 2023 /PRNewswire/ -- RE/MAX, the #1 name in real estate*, continues to earn industry recognition as a top real estate franchisor. Honored for the 39^th consecutive year, RE/MAX has been named to the Entrepreneur Franchise 500 list, which shines light on strong, influential franchisors across the U.S. and Canada.

"Ranking on the Entrepreneur Franchise 500 list underscores the unique competitive advantages enjoyed by RE/MAX affiliates all around the world," said Nick Bailey, RE/MAX President and CEO. "This recognition proves time and again the higher standard by which affiliated entrepreneurs and business owners operate."

Entrepreneur's editorial team researches and assesses several factors that go into the evaluation including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order. 

Over its 44 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. The global real estate franchisor's position on the ranking is a testament to its strength as a franchise opportunity.

RE/MAX has a presence in more countries and territories than any other real estate brand. From a single office that opened in 1973 in Denver, Colorado, RE/MAX has grown into a global real estate network with more than 140,000 sales associates in almost 9,000 offices and a presence in more than 110 countries and territories.

For more information about RE/MAX, LLC, a business that builds businesses, visit remax.com. Each office independently owned and operated.

*Source: MMR Strategy Group study of unaided awareness

About the RE/MAX Network

As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit news.remax.com.

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SOURCE RE/MAX, LLC

FAQ

Why was RE/MAX recognized in the 2023 Franchise 500 list?

RE/MAX was recognized for its long-standing excellence and performance in the real estate franchising industry.

How many sales associates does RE/MAX have?

RE/MAX has over 140,000 sales associates globally.

What is the significance of the Franchise 500 list for RE/MAX?

The Franchise 500 list is a key measure of franchisor strength, influencing potential franchisees' decisions.

What factors contribute to a franchise's ranking on the Franchise 500 list?

Factors include costs and fees, size and growth, support, brand strength, and financial stability.

In how many countries does RE/MAX operate?

RE/MAX operates in more than 110 countries and territories worldwide.