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 we do it
To be the worldwide real estate leader, achieving our goals by helping others achieve theirs. More than 48 years of outstanding agents & outstanding results
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Franchisees
Updated on Apr 4, 2024Reviews
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Do not buy this franchise. Model is dying and corporate does not care if you succeed.
brand recognition
all about money. They are spending more than they bring in and it shows in how they treat people and the programs they do.
NoNegativeNeutralRE/MAX is always ahead of the industry for long term goals, it is a great franchise with all the tools need for real estate.
The franchise is always bringing more value, and looking for more ways to help agents succeed in this ever changing market.
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YesPositiveApprovesI love our brand, but I do feel like we need to make some updates to remain competitive and brokerages and agents
Our global branding and marketing, I believe are our greatest assets. The fact that we lean into these things helps us achieve success as business owners and agents.
I sometimes worry that our brand is becoming a little stagnant. I believe it would be in our best interest for our next CEO to be less business and more of a real estate/brokerage leader in a sense that they bring new training ideas to help our agents grow their businesses.
YesNeutralNeutralLove the brand, love the support, need to revisit pricing and target agent.
The brand says it all-
The set pricing structure needs to be updated as the market has changed so much since it's inception.
YesPositiveApprovesDisillusioned with a brand I once was super proud to be part of.
Not alot at this point.
Corporate office is out of touch with what is happening in real estate and unwilling to change with the trends. Teams have long suffered because of this. Owners find it hard to recruit with higher corporate fees than competitors.
NoNegativeNeutral