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  Home  >>  Real Estate  >>  Real Estate Brokers/Services
RE/MAX International



RE/MAX International
5075 S. Syracuse St.
Denver, CO 80237-2712


Submit an online form to receive information from RE/MAX International.
Business Description

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

Operating Units:

Franchised Units:

5,226

99.5%
Company-Owned Units:280.5%
 
Total Operating Units:
5,253
100.0%
 
Geographic Distribution:
U.S.:4,33761.7%In 50 States
Canada:6559.3%In 12 Canadian Provinces
International:2,03929%In 65 Foreign Countries
 
Total:
7,031
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California410
2. Ontario281
3. Texas314

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:$20K-200K
Total Investment:$20K-200K
Average Total Investment:$113K
 
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

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
 
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
 
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
 
Expansion Plans
 
Projected New Units Over Next 12 months: 700

U.S.:

Yes, All United States
Canada:Yes
Overseas:Yes
Submit an online form to receive information from RE/MAX International.