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RE/MAX Franchise Information

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RE/MAX Franchise Details

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Founded:1973
Franchising Since:1975
Headquarters:RE/MAX International Inc.
5075 S. Syracuse Street
Denver, Co. 80237

RE/MAX Overview

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RE/MAX is home of The Real Estate Leaders®. The RE/MAX Concept combines maximum commissions and the best support services to attract the top agents and, increasing, the top newcomers, to real estate. The RE/MAX franchise network is a global real estate system with more than 6,900 independently owned offices engaging 120,000 member sales associates who lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, relocation, and asset management. Local community involvement is important to RE/MAX members who participate in thousands of local charitable causes and have raised more than $70 million for Children's Miracle Network. RE/MAX is also a major sponsor of the Komen Race for the Cure Survivor Program.

RE/MAX History

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Dave and Gail Liniger founded RE/MAX in Denver, Colo., in 1973, prompted by their dissatisfaction with the way real estate business was conducted at the time.

Regardless of an operation's size, most real estate offices used the commission-split system, requiring sales professionals to forfeit half of their commissions to their brokers in exchange for an office environment and company services. The top producers contributed the most to the operation's overhead, thus supporting the amateur, part-time and low-producing agents. Most salespeople left the business within two years, making residential real estate a high-turnover industry comprising in large part inexperienced and unprofessional staffs.

The Linigers wanted to change all that.

They believed that to attract and retain the best agents in the business, brokers must offer them maximum compensation, advanced support services and the freedom they need to succeed. Agents would share office overhead and pay management fees, and in return would receive a wide variety of traditional real estate franchise services and high commissions.

The strategy worked.

RE/MAX has grown every single month for more than 30 years. Very few companies with a worldwide presence can make such a claim.

Recognized by the homebuying and selling public for its red, white and blue hot air balloon logo, RE/MAX has been the No. 1 residential real estate network in Canada since 1987 and is a leading industry force in the United States and many other regions.

The most significant growth for RE/MAX in recent years has come outside the United States, with expansion into Africa, Asia, Australia, the Caribbean, Central America, Europe, Mexico, New Zealand and South America. RE/MAX takes proven techniques and adapts them to local markets, thereby developing a series of tools that real estate professionals find invaluable.

Some of the innovative services created by RE/MAX International to help its members become ever more professional and successful include commercial investment, an international referral network, advanced training courses, state-of-the-art technological tools, Internet and extranet Web sites, and national television advertising campaigns. It was the first - and remains the only - real estate network to invent and maintain a satellite television network (RE/MAX Satellite Network) dedicated to real estate professionals.

Latest RE/MAX Headlines

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New Training Provides Sales Strategies For Today's Market
RE/MAX University has just produced a video training program for its Sales Associates entitled Foreclosures, Short Sales and REO's.
August 25, 2008 | Read Full Story | Permalink
RE/MAX Gives Consumers Panoramic Views
RE/MAX International, Inc., one of the most recognized real estate brands in the world, announced today that it has launched new mapping and virtual imaging features on its popular web site...
July 25, 2008 | Read Full Story | Permalink
RE/MAX Named Top Ten Military Spouse Employer
or the second year in a row, RE/MAX International, Inc. has been honored as a Top Ten Military Spouse Friendly Employer by Military Spouse magazine.
May 7, 2008 | Read Full Story | Permalink

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