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REMAX Further Expands Unmatched Global Presence with Sale of REMAX Morocco
Prnewswire· 2025-10-22 12:40
Core Insights - REMAX continues its global expansion with the establishment of REMAX Morocco, enhancing its presence in North Africa [1][4] - The Moroccan real estate market is experiencing rapid growth, driven by upcoming major events and increased international interest [3][5] - REMAX Morocco aims to sell over 100 franchises and recruit over 1,000 real estate sales associates, reflecting confidence in the market's potential [5][6] Company Overview - REMAX Morocco will be headquartered in Casablanca and led by Regional Owners Rachida Khalil and Bilal Dabri, who have extensive experience in business development and operations [2][4] - The REMAX brand has a significant global footprint, with over 145,000 agents in nearly 9,000 offices across more than 110 countries [8] Market Potential - The leadership team sees the 2026 Africa Cup of Nations and the 2030 FIFA World Cup as catalysts for increased investment in Morocco's property market [3][5] - The country's reputation as a top tourist destination is attracting foreign investors, particularly in second homes and rental properties [3][4] Strategic Goals - REMAX Morocco plans to leverage its global network to enhance visibility for buyers and sellers in the local market [6] - The company aims to raise the standards of the Moroccan real estate market by providing modern tools and highly trained agents [6][5]
REMAX NATIONAL HOUSING REPORT FOR SEPTEMBER 2025
Prnewswire· 2025-10-16 20:24
Accessibility StatementSkip Navigation Inventory Continues to Outpace 2024 Levels, Buyers Pay Less for Third Straight Month DENVER, Oct. 16, 2025 /PRNewswire/ -- Inventory was 20% higher year-over-year – as September became the 21st consecutive month of annual growth. Home sales in September were 8.5% higher than a year ago, marking the fourth month in 2025 where sales outpaced the previous year. Compared to August, sales declined 4.6% while inventory rose 3.1% – typical shifts for this time of year. Cont ...
RE/MAX HOLDINGS, INC. TO RELEASE THIRD QUARTER 2025 RESULTS ON OCTOBER 30, 2025
Prnewswire· 2025-10-09 22:53
Core Points - RE/MAX Holdings, Inc. will release its financial results for Q3 2025 on October 30, 2025, after market close [1] - A conference call and webcast will be held on October 31, 2025, at 8:30 a.m. Eastern Time for interested parties [1][2] Company Overview - RE/MAX Holdings, Inc. is a leading franchisor in the real estate industry, operating under the REMAX® brand globally and the Motto® Mortgage brand in the U.S. [4] - Founded in 1973, RE/MAX has over 145,000 agents in nearly 9,000 offices across more than 110 countries, making it the largest real estate seller by total residential transaction sides [4] - Motto Mortgage, launched in 2016, is the first national mortgage brokerage franchise brand in the U.S., with over 210 offices in more than 40 states [4]
RE/MAX HOLDINGS, INC. WELCOMES TOM FLANAGAN AS CHIEF DIGITAL INFORMATION OFFICER
Prnewswire· 2025-09-22 20:30
Core Insights - RE/MAX Holdings, Inc. has announced the hiring of Tom Flanagan as Chief Digital Information Officer, effective immediately [1] Company Overview - RE/MAX Holdings is the parent company of RE/MAX, a leading franchisor in real estate brokerage services [1] - The company also owns Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S. [1]
REMAX NATIONAL HOUSING REPORT FOR AUGUST 2025
Prnewswire· 2025-09-16 20:12
Core Insights - U.S. home sales decreased by 1.6% year-over-year in August 2025, marking a decline of 5.5% from July 2025, coinciding with the end of a 17-month growth streak in new listings [1][2][7] - Active inventory increased by 24.4% year-over-year, although it saw a slight decrease of 0.4% from the previous month [2][14] - The median sales price rose by 1.9% year-over-year to $448,000, continuing a trend of annual price gains for 26 consecutive months [2][11] Sales Activity - Home sales in August 2025 were down 1.6% compared to August 2024 and down 5.5% from July 2025 [1][10] - The average close-to-list price ratio remained at 99%, indicating that buyers paid nearly the asking price [7][12] - Homes spent an average of 47 days on the market, which is an increase of eight days from the previous year [3][13] Inventory Trends - The number of new listings fell by 5.9% year-over-year and 9.2% month-over-month, with significant decreases in markets like Trenton, NJ (-44.8%) and Philadelphia, PA (-37.6%) [8][9] - The months' supply of inventory was stable at 2.8 months, up from 2.3 months in August 2024 [7][14] Price Trends - The median sales price across 51 metro areas was $448,000, with notable increases in markets like Manchester, NH (+9.2%) and Coeur d'Alene, ID (+9.0%) [11][12] - The markets with the lowest median sales prices included Cleveland, OH and Wichita, KS, both at $260,000 [5][6] Market Dynamics - Seasonal shifts and broader economic factors are influencing housing market activity, with affordability remaining a challenge despite improvements in mortgage rates [4] - Certain metro areas continue to provide more accessible entry points for buyers, highlighting the importance of local market conditions [4][6]
RE/MAX Holdings, Inc. (NYSE:RMAX) Financial Performance and Competitive Analysis
Financial Modeling Prep· 2025-09-09 15:00
RE/MAX Holdings, Inc. (NYSE:RMAX) demonstrates a strong Return on Invested Capital (ROIC) of 12.05% and a Weighted Average Cost of Capital (WACC) of 6.34%, indicating efficient capital use.National Bank Holdings Corporation (NBHC) leads with an exceptional ROIC of 645.72% and a WACC of 16.29%, showcasing superior capital efficiency.Urban Edge Properties (UE) and Rexford Industrial Realty, Inc. (REXR) also show notable performances, though with varying degrees of capital efficiency compared to RE/MAX and NBH ...
REMAX Launches 'Marketing as a Service' Platform to Empower Affiliates and Strengthen Market Leadership
Prnewswire· 2025-08-26 12:36
Core Insights - REMAX has launched Marketing as a Service (MaaS), a data-driven platform aimed at enhancing marketing efficiency for its affiliates in the U.S. and Canada [1][2] - MaaS is designed to provide REMAX agents with advanced marketing tools, enabling them to connect with clients effectively and drive business growth [1][3] Group 1: Product Features - MaaS is powered by AI and offers a seamless experience for affiliates to launch marketing campaigns with minimal effort [2] - The platform includes a no-cost base package featuring flyers, digital content, and performance tracking, with advanced features like lead generation and video campaigns to be introduced later [5][6] - Key features of MaaS include simplified marketing tools, smart automation for campaign preferences, performance reporting with real-time metrics, and polished brand presence reflecting REMAX's refreshed branding [8] Group 2: Strategic Importance - The introduction of MaaS aligns with REMAX's strategy to provide competitive advantages to its affiliates, particularly in social and digital marketing [6][7] - This launch comes alongside other innovations such as MAXReferSM and MAXEngageSM, reinforcing REMAX's commitment to leveraging technology for agent success [6][7] - MaaS strengthens the REMAX value proposition by facilitating easier marketing, prioritizing client engagement, and supporting business growth [7]
RE/MAX Survives By Doing The Right Things, Share Buybacks Could Be Next
Seeking Alpha· 2025-08-22 14:55
Core Insights - The article discusses the merits of RE/MAX (RMAX) as a traditional player in the real estate market, emphasizing its continued relevance and value [1]. Company Overview - RE/MAX is highlighted for its established position in the real estate sector, suggesting that it still holds potential for investors despite being a traditional player [1]. Analyst Background - The author has over 10 years of experience in communications and has worked for various economic institutions, indicating a strong foundation for analyzing the real estate market [1].
REMAX NATIONAL HOUSING REPORT FOR JULY 2025
Prnewswire· 2025-08-20 20:14
Core Insights - U.S. home sales experienced a slight decline of 0.7% in July compared to June, but showed a year-over-year increase of 0.6% compared to July 2024, with homes taking longer to sell, averaging 44 days on the market, up from 37 days a year ago [1][14][15] Sales and Pricing Trends - The median sales price in July was $450,000, reflecting a decrease of 1.1% from June but an increase of 2.3% year-over-year [2][10] - The average close-to-list price ratio was 99%, consistent with June 2025 but down from 100% in July 2024, indicating homes sold for slightly less than the asking price [12] Inventory Dynamics - Active inventory rose by 27.7% year-over-year, although there was a slight month-over-month decline of 0.8% [2][3][17] - The months' supply of inventory increased to 2.8 months, up from 2.2 months in July 2024, indicating a more balanced market [7][17] New Listings - New listings were up 4.4% year-over-year but down 2.5% from June 2025, with notable increases in Houston, Burlington, and Raleigh [5][6] - The markets with the largest year-over-year increases in new listings included Houston, TX (+43.0%), Burlington, VT (+22.6%), and Raleigh, NC (+20.9%) [5][6] Closed Transactions - Overall closed transactions were up 0.6% compared to July 2024 but down 0.7% from June 2025, with Raleigh, NC showing the highest increase in sales at +19.5% [8][9] - The markets with the largest year-over-year decreases in closed transactions included Dover, DE (-10.9%) and San Antonio, TX (-10.3%) [8][9] Market Insights - The housing market is adjusting seasonally, with longer selling times but stable inventory and prices, indicating resilience and opportunities for buyers and sellers [3][4] - Local expertise is emphasized as critical for navigating pricing and strategy in a normalizing market [3][4]
RE/MAX HOLDINGS, INC. ANNOUNCES VIC LOMBARDO AS PRESIDENT OF MORTGAGE SERVICES TO LEAD MOTTO MORTGAGE AND WEMLO BRANDS
Prnewswire· 2025-08-18 20:35
Core Insights - RE/MAX Holdings, Inc. has appointed Vic Lombardo as President of Mortgage Services to enhance technology and customer-first initiatives for Motto Mortgage franchisees and RE/MAX Broker/Owners [1][2] - Lombardo brings over 30 years of experience in the mortgage and real estate industry, previously serving as COO at Guaranteed Rate Affinity [2][3] - The appointment aims to drive growth and operational efficiency in the company's mortgage services, including Motto Mortgage and wemlo, a digital mortgage processing solution [1][4] Company Overview - RE/MAX Holdings, Inc. is a leading franchisor in the real estate industry, operating under the RE/MAX® brand globally and the Motto® Mortgage brand in the U.S. [7] - The company was founded in 1973 and has grown to over 140,000 agents in nearly 9,000 offices across more than 110 countries [7] - Motto Mortgage, launched in 2016, is the first national mortgage brokerage franchise brand in the U.S., with over 210 open offices in more than 40 states [8] Leadership Transition - Lombardo's role was created following the retirement of Ward Morrison in June [2] - He will report directly to RE/MAX Holdings CEO Erik Carlson and is expected to contribute significantly to the Executive Leadership Team [2][4] - Lombardo expressed enthusiasm for scaling the growth of Motto and enhancing the customer experience [4] Inducement Grant - The company announced an inducement award of 75,000 restricted stock units (RSUs) to Lombardo, which will vest in equal installments on March 1 for the years 2026, 2027, and 2028 [5][6] - This award was granted outside of the RE/MAX Holdings, Inc. 2023 Omnibus Incentive Plan but will be governed as if issued under the Plan [6]