More, agent productivity reaches a new high for the network, setting a new industry record
DENVER, March 22, 2022 /PRNewswire/ — RE/MAX, LLC sold more than 1,000 franchises and renewed more than 1,100 brokerages in 2021, the global real estate franchisor announced today. During a particularly active fourth quarter, nearly 450 of the 1,000 new franchises were sold between October and December. At the recent RE/MAX R4® 2022 convention in Vegasit was also announced that RE/MAX agents closed over 2 million transactions in total last year, a milestone that no other real estate brand has ever achieved.
Peter LuftVice President of RE/MAX Franchise Sales, said the 2021 results demonstrate how the brand appeals to growth-minded brokers/owners and then supports them once they join the network.
“The fact that so many entrepreneurs want to be part of RE/MAX speaks volumes about the incredible value the brand delivers on a daily basis. These numbers are only possible because the RE/MAX network has a solid base and a world-class value proposition,” Luft said. “RE/MAX is committed to its affiliates. In today’s ever-changing real estate environment, keeping abreast of education, technology and consumer preferences is essential, and the RE/MAX network provides the necessary resources for brokers/owners and to their agents for doing just that.”
New at RE/MAX is RE/MAX Platinum (Mount Pleasant, South Carolina) Broker/Owner Lynn Snyder who recently left a local independent to open his own brokerage house under the RE/MAX brand. Citing his passion for working with real estate teams and the importance of aligning with a highly recognizable and international brand, Snyder joined the RE/MAX network in hopes the brand would help grow his office.
“I’m successfully attracting agents and they see something great happening here,” Snyder said. “I have the ability to recruit and operate a brokerage in me, but the RE/MAX network gives me the support I need through educational resources and strong brand recognition.”
Six weeks into its 50th year, the No.1 name in real estate*, is focused on growing real estate teams – delivering specialist training opportunities through a new deal with a team coaching firm leading. It also integrates and streamlines the RE/MAX suite of technology resources and products.
RE/MAX is present in more countries and territories than any other real estate brand. From a single office opened in 1973 to Denver, ColoradoRE/MAX has become a global real estate network with more than 140,000 sellers in nearly 9,000 offices.
For more information about RE/MAX, LLC, a business building company, visit remax.com. Each office is independently owned and operated.
Source: MMR Strategy Group study on spontaneous awareness.
About the RE/MAX network
As one of the world’s leading real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in nearly 9,000 offices and a presence in more than 110 countries and territories. No one in the world sells more real estate than RE/MAX, as measured by residential transactions. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative entrepreneurial culture offering its agents and franchisees the flexibility to operate their business independently. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars each year for Children’s Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search real estate listings or find an agent in your community, please visit www.remax.com. For the latest news on RE/MAX, please visit news.remax.com. This is not a franchise offer. Any franchise offer is only made after a franchise disclosure document has been provided.
SOURCE RE/MAX, LLC