REMAX
Who are we
What to know about REMAX franchise? RE/MAX is an American international real estate company that operates through a franchise system. It is one of the largest real estate brokerages in the world with over 125,000 agents in 100 countries. The company was founded in 1973 by Dave and Gail Liniger. Its headquarters are in Denver, Colorado. The company specializes in assisting clients with buying and selling homes, as well as finding suitable properties for investment purposes. They also offer services such as property management, home financing, and title insurance. RE/MAX has a wide variety of agent types, including full-time agents, part-time agents, and military relocation specialists. The company also offers a mentoring program for new agents. The franchise offered is for the operation of a RE/MAX real estate sales office, which offers a variety of real estate services to the general public. RE/MAX has been consistently ranked as one of the most recognized brands in the world. It is a trusted name in the real estate industry, and its franchisees benefit from the company's strong reputation. If you are looking for a proven business model and a trusted brand, then RE/MAX may be the right franchise opportunity for you. REMAX is based in Denver, CO. Scroll down to learn more!How much does a REMAX franchise cost?Are you wondering how much is a REMAX franchise? Before starting a REMAX franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a REMAX franchise is $34,500 and can go all the way up to $224,000. Keep in mind, you should also allocate additional funds to live off of while the REMAX business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 REMAX franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a REMAX business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your REMAX franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
Why choose REMAX?
To be the worldwide real estate leader, achieving our goals by helping others achieve theirs. More than 48 years of outstanding agents & outstanding results
Franchisees
Updated on Apr 4, 2024Reviews
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0/10 would recommend
Brand recognition (at the time)
Didn't need the Brand recognition, the technology was awful and kept changing but never got better, our agents (and ourselves) make way more money without all of the fees, that never went towards anything useful anyway, being required to have an office is a joke. It was made clear during COVID just how successful we could be without one (plus save over $50k/year). We've done more transactions and made wayyyyy more money since deciding not to renew and doing our own thing. All the things we were told would help us and make it worth the money of the franchise never actually made any positive impact on our business at all.
NoNeutralApprovesName recognition is good. Fees are high, hard to recruit due to fees or complete with other brands due to fees. Company sells back agents own leads coming in to their own. That is wrong! Was good till it went public. No longer agent/ owner friendly
Name recognition
Fees are high, the company wants to sell back leads to their own people.
YesNeutralNeutralConsiglio a tutti di collaborare con Remax
La libertà, la collaborazione e la formazione
Niente
YesPositiveApprovesREMAX is a strong brand and supports its franchises. The company is sometimes slow to make changes. The growth potential is still very good, it's just growing faster outside the USA,
The brand is strong, well-known, and trusted.
Top-line management does not innovate fast enough.
YesPositiveNeutralEasy to obtain and run
Technology, plugs and play
Na
YesPositiveApproves
Franchise Disclosure Documents
Showing 7 of 7 FDDsFrequently Asked Questions
What is the average franchisee rating for REMAX?
The average franchisee rating for REMAX is 3.6 stars.