RE/MAX(RMAX)
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RE/MAX(RMAX) - 2024 Q1 - Quarterly Report
2024-05-02 20:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024. OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 001-36101 RE/MAX Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0937145 (State or other jurisdiction of (I ...
RE/MAX(RMAX) - 2024 Q1 - Quarterly Results
2024-05-02 20:10
Exhibit 99.1 RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2024 RESULTS Total Revenue of $78.3 Million, Adjusted EBITDA of $19.0 Million DENVER, May 2, 2024 First Quarter 2024 Highlights (Compared to first quarter 2023 unless otherwise noted) § Total Revenue decreased 8.3% to $78.3 million § Revenue excluding the Marketing Funds decreased 9.3% to $58.1 million, driven by negative 9.3% organic growth § Net loss attributable to RE/MAX Holdings, Inc. of $3.4 million and loss per diluted share (GAAP EPS) of $0.18 ...
The RE/MAX Collection® 12th Annual Luxury Forum Will Offer Agents a Chance to Learn, Network, Share Best Tips
Prnewswire· 2024-04-30 20:12
The luxury real estate event will take place June 18-19 at The Ritz-Carlton, Lake Tahoe DENVER, April 30, 2024 /PRNewswire/ -- RE/MAX®, the No. 1 name in real estate*, is gearing up to host its renowned networking and business development experience for luxury real estate agents – The RE/MAX Collection Luxury Forum, set for June 18-19 at The Ritz-Carlton in Lake Tahoe, California. The RE/MAX Collection is a luxury home marketing program exclusive to RE/MAX associates and their affluent homebuyers and selle ...
Why RE/MAX (RMAX) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-23 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? RE/MAX (RMAX) , which belongs to the Zacks Real Estate - Operations industry, could be a great candidate to consider.This franchisor of residential real estate brokerages has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 9.13%.For the most recent ...
RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2024
Prnewswire· 2024-04-18 12:36
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 ...
RE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2024 RESULTS ON MAY 2, 2024
PRNewsWire· 2024-04-09 12:35
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 ...
'Unstoppable' RE/MAX Agents Outperform Competitors 2:1 for 16th Consecutive Year
Prnewswire· 2024-04-04 12:37
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 ...
RE/MAX Named a Top Franchisor for 40 Years Straight, Solidifies Hall of Fame Status
Prnewswire· 2024-03-21 11:35
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 ...
RE/MAX NATIONAL HOUSING REPORT FOR FEBRUARY 2024
Prnewswire· 2024-03-19 12:38
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 ...
RE/MAX Closes 2023 with Highest Franchise Sales Quarter of Year
Prnewswire· 2024-03-14 12:36
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 ...