RE/MAX Named to Top Franchise List Only Real Estate Company Ranked for 6th Year in a Row
DENVER, Oct. 31, 2013 /PRNewswire/ -- For the sixth year in a row, RE/MAX, LLC has been named one of the Top 50 Franchises for Minorities by the National Minority Franchising Initiative through the World Franchising Network.
More than 400 companies requested evaluation in the process that judged franchisors on their commitment to the recruitment, inclusion and ongoing support of minorities.
RE/MAX is the only real estate company to make the Top 50 list and joins well-respected companies in other industries, such as 7-Eleven, McDonald's and Fantastic Sams.
"RE/MAX provides opportunity for our franchise owners who've seen what a strong brand can do to help businesses prosper," said RE/MAX CEO Margaret Kelly. "It's our responsibility to set them up for success and step back so they can run their company their way. Our offices are helping the housing industry get back on track."
In the first half of the year, RE/MAX added 299 franchises worldwide, with 112 new franchises in the U.S. Through the end of June, franchise sales were up 4% from the same period in 2012. In the U.S., the biggest growth was in California and Florida, with 14 and 13 new franchises respectively. Worldwide, RE/MAX sold 25 franchises in Turkey and 22 in Brazil.
RE/MAX also ranked as the leading real estate franchise organization in the Franchise Times Top 200 for the fifth consecutive year. The survey is based on annual worldwide sales. RE/MAX placed 14th among all franchises, gaining two places over its standing in 2012.
RE/MAX franchisees have access to extensive training from the award-winning RE/MAX University, as well as industry-leading technology, tools and resources. RE/MAX has long been recognized as a leader in franchisee support, opportunity and commitment.
About the RE/MAX Network:
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 90,000 agents provide RE/MAX a global reach of more than 90 countries. Nobody sells more real estate than RE/MAX.
RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, is a subsidiary of RE/MAX Holdings, Inc. (NYSE: RMAX).
With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $130 million for Children's Miracle Network Hospitals®, Susan G. Komen® and other charities.
For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com.
This press release includes "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "intend", "expect", "estimate", "plan", "outlook", and "project" and other similar words and expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward looking statements include any statements regarding the Company's strategic and operational plans. Forward looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. Such risks include, without limitation, those described in the sections "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operation in the Company's registration statement on Form S-1 filed with the Securities and Exchange Commission ("SEC") and (1) changes in business and economic activity in general, (2) changes in the real estate market, including changes due to interest rates and availability of financing, (3) our ability to attract and retain quality franchisees, (4) our franchisees' ability to recruit and retain agents, (5) changes in laws and regulations that may affect our business or the real estate market, (6) failure to maintain, protect and enhance the RE/MAX brand. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made. Except as required by law, the Company does not intend, and undertakes no duty, to update this information to reflect future events or circumstances. Investors are referred to the Company's registration statement on Form S-1 and subsequent reports filed with the SEC.
SOURCE RE/MAX, LLC