RE/MAX Named to Top Franchise List
Only Real Estate Company Ranked for 6th Year in a Row
DENVER, Oct. 31, 2013
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
"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 14^th 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.
For more information about RE/MAX, please visit www.remax.com or
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 visitwww.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
Contact: Ronda Scholting, Public Relations Manager, RE/MAX, LLC, (303)
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