RE/MAX
Real estate- 2022 Franchise 500 Rank
-
#130 Ranked #187 last year
- Initial investment
-
$43K - $237K
- Units as of 2022
-
9,120 9.1% over 3 years
Company Overview
About RE/MAX
- Industry
- Services (Other)
- Related Categories
- Real Estate
- Founded
- 1973
- Parent Company
- RE/MAX Holdings Inc.
- Leadership
- Nick Bailey, President & CEO
Franchising Overview
- Franchising Since
- 1975 (47 years)
- # of employees at HQ
- 506
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 9,120 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a RE/MAX franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $17,500 - $35,000
- Initial Investment
- $43,000 - $236,500
- Royalty Fee
- Varies
- Ad Royalty Fee
- Varies
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- RE/MAX offers in-house financing to cover the following: franchise fee
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 28 hours
- Additional Training
- Online and classroom training available on-demand
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 1
- Are exclusive territories available?
- No
Franchise 500 Ranking History
Compare where RE/MAX landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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