RE/MAX a Top 10 Franchise for Third Consecutive Year
2018 Franchise Times Top 200+ Survey Ranks U.S.-Based Franchisors
October 02, 2018 // Franchising.com // DENVER - RE/MAX, LLC, the #1 name in real estate*, was ranked a top 10 franchise brand for the third consecutive year and the leading real estate franchise for the 10th year in a row in the 2018 Franchise Times Top 200+® survey.
“RE/MAX and the RE/MAX network continues to outperform many of our competitors, year after year, in annual surveys and rankings,” said RE/MAX CEO Adam Contos. “Our franchise model highlights the significance of the individual real estate agent and it’s one of the many reasons why RE/MAX attracts some of the most talented and top performing professionals in the industry.”
Highlights of this year’s ranking include:
- RE/MAX ranked the #1 real estate franchise brand
- RE/MAX ranked #10 overall (#8 in 2017, #8 in 2016, #11 in 2015, #12 in 2014 and #14 in 2013)
- Closest RE/MAX competitors were Keller Williams Realty at #17 and Berkshire Hathaway HomeServices at #49
- The top 10 overall standings include #1 McDonald’s, #2 7-11, #3 KFC, #4 Burger King,
#5 Subway, #6 Ace Hardware, #7 Domino’s, #8 Pizza Hut, #9 Marriott Hotels & Resorts and #10 RE/MAX.
The Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the United States by global systemwide sales, based on the previous year’s performance. According to the 2018 survey, the top 10 franchise systems added $14.3 billion in sales during 2017, a five percent increase from 2016 and nearly double the group’s sales growth last year of $7.8 billion. The top 10 now account for more than $300 billion in annual sales and is almost half of the entire top 200+, which recorded sales of $644.8 billion in 2017. The rankings and full report are available at franchisetimes.com.
Earlier this year, Entrepreneur ranked RE/MAX a top 10 global franchise for the first time in the magazine’s annual “Top Global Franchises” list. RE/MAX was also named the world’s fastest growing real estate franchise, according to the publication’s 2018 “Top Fastest Growing Franchises” ranking. The ranking of 150 franchises placed RE/MAX in the 12th spot overall and marked the fifth consecutive year the franchisor has been included in the annual list. RE/MAX ranked #15 in 2017, #17 in 2016, #45 in 2015 and #16 in 2014.
Recent national surveys demonstrate the high productivity of the RE/MAX network. RE/MAX placed more agents than any other brand in the 2018 REAL Trends “America’s Best Real Estate Professionals” rankings as nearly one in four agents in the survey was a RE/MAX agent. RE/MAX also had more agents ranked than any other brand in the 13th Annual REAL Trends “The Thousand,” released this past June. RE/MAX agents have claimed the most rankings in the respected survey three out of the last four years.
RE/MAX is in more countries and territories than any other real estate brand. From a single office that opened in 1973 in Denver, Colo., RE/MAX has grown into a global real estate network with more than 120,000 sales associates in more than 100 countries and territories.
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 over 120,000 agents in more than 100 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. Dedicated to innovation and change in the real estate industry, RE/MAX launched Motto Mortgage, a ground-breaking mortgage franchisor, in 2016 and acquired booj, a real estate technology company, in 2018. 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 www.remax.com/newsroom.
* Source: MMR Strategy Group study of unaided awareness
SOURCE the RE/MAX Network