Global real estate leader RE/MAX, LLC has been named one of the world's fastest-growing franchises in Entrepreneur magazine's Fastest-Growing Franchise Rankings for 2014. RE/MAX ranked 16th overall and is the only real estate company on the list.
"It's no secret why RE/MAX sold so many new franchises," said Margaret Kelly, RE/MAX CEO. "Our franchisees know that RE/MAX represents opportunity, the freedom to run their business their way with the support and strength of a leading global brand."
Entrepreneur's "Fastest Growing" list is an off-shoot of the magazine's annual "Franchise 500," now in its 35th year. The 100 companies on the list were included based on the number of new franchise units added in the U.S. and Canada from July 2012 to July 2013, as verified bythe "Franchise 500."
To be eligible for the 500, the magazine judges companies by quantifiable measures including financial strength and stability, growth rate, size of system, startup costs and financing options. In 2014, RE/MAX was the top ranking real estate company on the 500 list, the 11th time in 15 years that RE/MAX was listed as the top franchisor in the real estate category.
During the first three quarters of 2013, RE/MAX sold 454 new franchises throughout its worldwide network, with 166 new franchises sold in the United States. During the same time period, RE/MAX sold 147 new franchises in Europe, 30 in India and 23 in Brazil. There are now RE/MAX offices in more than 90 countries, a presence greater than any competitor.
This year, RE/MAX is celebrating its 41st anniversary and continues to be recognized as an industry leader. RE/MAX was named the leading real estate organization in the Franchise Times Top 200 for the fifth consecutive year and was the only real estate company to be included in the Top 50 Franchises for Minorities as compiled by the National Minority Franchising Initiative.
Beginning March 3, thousands of RE/MAX Affiliates from around the world will gather at The Mandalay Bay Hotel and Casino for the annual RE/MAX R4 convention. They will celebrate the company's many achievements and 41 years of real estate innovation.
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).
SOURCE RE/MAX, LLC