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RE/MAX International
 

The RE/MAX real estate franchise network is a global system of more than 7,000 offices worldwide, engaging more than 110,000 members. RE/MAX sales associates lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, relocation and asset management. For more information visit www.remax.com.

Franchisor Background

Year Established:

  1973

Franchising Since:

  1975

IFA Member



Operating Units:

Franchised Units:5,226 99.5%  
Company-Owned Units:28 0.5%  
 ______ _____  
Total Operating Units:5,254 100%  
 

Geographic Distribution:

U.S.:3,750 71.4% In 50 States
Canada:465 8.9% In 12 Canadian Provinces
International:1,039 19.8% In 65 Foreign Countries
 ______ _____  
Total:5,254 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California410
2. Texas314
3. Ontario281

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$Varies
Cash Investment:$20-200K
Total Investment:$20-200K
Average Total Investment:$110K
 

Fees:

Initial Franchise Fee:$12.5-25K
Average Franchise Fee:$20K
On-Going Royalty:Varies
Average Royalty:0%
Advertising Fee:Varies

Average Number of Employees:

   2-4 Full-time, 1 Part-time

Space Needs (in square footage):

   Varies

Preferred Sites:

   Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:500
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:No
Marketing Materials:Ad Slicks, Television Ads
Additional Services:Online Extranet
Other Marketing Support:Personal Marketing Materials
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Headquarters in Denver, CO40+ Hours
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:4
Specific Industry Experience:5
Formal Education:1
Psychological Profile:4
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:112
Asian-American:101
Hispanic:167
Native American:11
Other:155
Specific Minority:Race, color, religion, sex, disabilities, financial status or national origin are not factors in the consideration of ownership of a RE/MAX franchise. Our primary criteria are reputation and experience in real estate, management, recruiting and general business as well as financial capabilities of the potential franchise.

Terms of Contract

Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   700
U.S.:Yes, All United States
Canada:Yes
Overseas:Yes
 
 
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