Inventory Gains and a Surge of New Listings Highlight a March in Which Sales Climbed from February 2024 But Trailed March 2023  DENVER, April 18, 2024 /PRNewswire/ -- Home sales in March increased 21.6% over February while trailing the March activity of a year ago. At the same time, a 20.9% surge in new listings during the month fueled a substantial 7.7% expansion in inventory. The inventory gains helped expand the supply of homes for sale by 24.2% year over year, setting the stage for the customary peak ho ...

DENVER, April 9, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., will release financial results for the quarter ended March 31, 2024, after market close on Thursday, May 2, 2024, and will host a conference call and webcast for interested parties on Friday, May 3, 2024, at 8:30 a.m. Eastern Time.RE/MAX Hold ...

According to the 2024 RealTrends Verified Rankings of Large Brokerages, RE/MAX Agents Averaged Twice as Many Transaction Sides as Competing Agents in 2023 DENVER, April 4, 2024 /PRNewswire/ -- The newly released 2024 RealTrends Verified Best Brokerages rankings, formerly known as the RealTrends 500, once again revealed RE/MAX® agents are the most productive in the U.S., outperforming competitors at participating large brokerages 2-to-1. The widely respected report showed RE/MAX agents averaged 11.8 transact ...

The consistently strong showing of RE/MAX in the Entrepreneur Franchise 500 ranking is a testament to the quality of the RE/MAX brand and its franchisees DENVER, March 21, 2024 /PRNewswire/ -- For the 40th consecutive year, RE/MAX, the #1 name in real estate1, has earned a spot on the prestigious Entrepreneur Franchise 500® ranking, which evaluates strong, influential franchisors across the U.S. and Canada. RE/MAX was also named to the Franchise 500 Hall of Fame – an exceptional honor for elite brands that ...

Home Sales Rise, With Sellers Getting Almost Full Listing Price DENVER, March 19, 2024 /PRNewswire/ -- With the annual spring homebuying season coming quickly, home sales ramped up in February and spiked 17.0% from January, with a 2.3% increase from February 2023. Of those sales, buyers paid more. The median home price of $412,000 rose 2.1% from January – and 7.0% year over year. The $27,000 increase from February 2023 reflected that buyers on average were willing to pay 99% of the listing price. In a third ...

Network Gains 300 New Offices in Q4, Fueled by New Franchisees Seeking Brand Power, Resources and Support DENVER, March 14, 2024 /PRNewswire/ -- RE/MAX®, the #1 name in real estate1, reported considerable sales in the fourth quarter of 2023. With a commitment to supporting franchisees and agents, RE/MAX successfully added 300 new RE/MAX offices and renewed 295 existing agreements worldwide, further solidifying its position as a global leader in the industry. The fourth quarter sales were the highest for th ...

peterschreiber.media/iStock via Getty Images RE/MAX Holdings, Inc. (RMAX) is a franchisor of real estate brokerage services including mortgages under the brand Motto Mortgages. It is one of the largest brokerages, and it is a very well-known name in the industry. This company was recently voted as being the "#1 most trusted real estate agents" by consumers in the U.S. The share price, however, has not been winning awards with many investors lately as it currently trades near 52-week lows. By evaluating ...

The brand continues to be honored for excellence in real estate, securing top positions in prestigious industry lists: Inman Power Players, Swanepoel Power 200, RISMedia Newsmakers and more DENVER, March 7, 2024 /PRNewswire/ -- RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, kicked off 2024 with an impressive display of accolades, complementing its status as the #1 name in real estate1. After being voted the brand with the "#1 Most Trusted Real Estate Agents" by consum ...

Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Investment Thesis RE/MAX Holdings (RMAX) approaches a rock-bottom valuation given its disappointing fundamentals in a slow housing market. Its large debt position and an increasingly competitive market have concerned markets, and rising rates have made homes increasingly unaffordable. Despite these headwinds, I believe the company is still fundamentally strong and has strong brand recognition, an attractive franchise business model with recurr ...

Forward-Looking Statements This presentation 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 are often identified by the use of words such as "believe," "intend," "expect," "estimate," "plan," "outlook," "project," "anticipate," "may," "will," "would" and other similar words and expressions that predict or indicate future events or trends that are not statements of histo ...