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Re/max

United States of America
Quick facts
Year business began:
1973
Franchising since:
1975
Estimated number of units:
6,986
Re/max was founded in 1973 by Dave and Gail Liniger, two real estate agents from Denver, Colorado. They wanted to develop a new real estate concept where agents could enjoy the freedom of running their own business and allow them to keep a maximum proportion of their commission. In 1994, Re/max was brought to Europe by Walter J. Schneider and Frank J. Polzler. It now operates in 35 countries across Europe, with more than 17,000 agents working in 1,700 offices.

Worldwide, the Re/max network consists of more than 100,000 agents in over 100 countries, and is the fastest growing real estate franchise in the world.

Franchise System

Re/max provides franchisees with tools for success including global brand awareness, advertising, on-demand education, lead-generation tools, a global referral network, technology and cause-marketing initiatives. Franchisees are supported in running their business the way they wish, including handling their own compensation plans, marketing and business operations.

Training includes both start-up training and ongoing training and support. Start-up training consists of four-and-a-half days of orientation and in-depth training sessions at the Re/max world headquarters in Denver, Colorado. Franchisees also have unlimited access to online continued learning resources. Re/max franchisees are provided with continued support at local, regional and national levels.

Re/max provides franchisees with their best practice resources and market knowledge, helping introduce agents into a new area and keep them there. Franchisees have use of the Re/max Design Centre with more than 1,300 customizable templates for agents to create their own flyers, email campaigns and multimedia campaigns. Franchisees also benefit from being associated with a global brand with a presence in over 100 countries.

Corporate Social Responsibility

Giving Back

Since 1992, Re/max agents have donated more than $147 million to Children’s Miracle Network Hospitals, for 170 hospitals that provide 32 million treatments each year to children across the U.S and Canada.

The Re/max Foundation

The Re/max Foundation is a public benefit organisation in South Africa that focuses on worthy causes for the development of young people. Beneficiaries include the Red Cross War Memorial Children's Hospital (South Africa's only children’s hospital), Sporting Chance (sport to break down cultural, racial, gender and economic barriers) and Reach For A Dream (fulfills the dreams of children with life-threatening illness).

Financial Information

· Capital Required: £30,600
· Upfront Fee: £13,126 - £34,666

Sources
https://www.entrepreneur.com/franchises/remaxllc/282746
https://www.remax.eu/about/history#year-1973
http://www.remax-franchise.com/
http://www.remax.com/newsroom/company-info/remax-history/
https://www.remax.co.za/foundation/beneficiaries/
http://www.remax.com/newsroom/company-info/giving-back

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