March 26, 2017 3:15 PM ET

Real Estate Management and Development

Company Overview of RE/MAX, LLC

Company Overview

RE/MAX, LLC offers real estate brokerage services. The company operates a real estate network of franchisee owned and operated offices. RE/MAX, LLC provides real estate advice in the areas of home buying, home selling, mortgage, agents choosing, title and escrow, foreclosure, short sales, home inspection, and forms and contracts. The company also provides home values and sale prices; and single family, condo/townhouse, multi-family, vacant land, and mobile home properties search options. RE/MAX, LLC offers services through its network of agents. RE/MAX, LLC was founded in 1973 and is headquartered in Denver, Colorado. The company has operations in Europe, the Asia/Pacific, the Middle East, A...

5075 South Syracuse Street

Denver, CO 80237

United States

Founded in 1973





Key Executives for RE/MAX, LLC

Age: 58
Co-Founder, Chairman and Chairman of Re/Max Holdings, Inc
Age: 70
Co-Founder, Vice Chairman and Vice Chairman of Re/Max Holdings, Inc
Age: 70
Co-Chief Financial Officer, Chief Operating Officer and Executive Vice President
Age: 61
Vice President and General Counsel
Compensation as of Fiscal Year 2016.

RE/MAX, LLC Key Developments

RE/MAX, LLC Amends and Restates the Credit Agreement

On December 15, 2016, RE/MAX, LLC (the Borrower) and RMCO, LLC (RMCO) amended and restated the Credit Agreement, dated as of July 31, 2013, among the Borrower, RMCO, JPMorgan Chase Bank, N.A. (JPMorgan Chase) as administrative agent, and the various lenders party thereto (as previously amended, the Prior Facility) by entering into an Amended and Restated Credit Agreement with JPMorgan Chase, as administrative agent, and the various lenders party thereto . The Agreement provides for a seven-year, $235 million term loan facility and a five-year $10 million revolving facility. Interest on term loans and revolving loans will accrue at a floating rate based on, at the Borrowers election, (i) the London interbank offered rate, provided that such rate with respect to term loans shall be no less than 0.75% and, provided further, that such rate shall be adjusted for reserve requirements for euro currency liabilities, if any (the Eurodollar Rate) or (ii) the maximum of (a) JPMorgan Chases prime rate, (b) the NYFRB Rate (as defined in the Agreement) plus 0.50% and (c) the one-month Eurodollar Rate plus 1%, (such maximum rate, the ABR) plus, in each case, the applicable margin. The applicable margin for Eurodollar Rate loans is 2.75% and for ABR loans is 1.75%. Compared to the Prior Facility, the Agreement modifies certain covenants to provide the Borrower and RMCO greater flexibility with respect to permitted investments and corporate structure, increases the leverage ratios above which excess cash flow payments are required, and provides additional capacity for incremental facilities.

Resaas Services Inc. Joins Forces with RE/MAX, LLC Network as Social Learning Platform Vendor

RESAAS Services Inc. announce that it has signed an agreement with RE/MAX, LLC to be its preferred Social Learning Platform vendor for the Global Development department. Building on the existing relationship that RESAAS and RE/MAX previously announced in early 2014, where RESAAS provides a private referral network to the entire roster of RE/MAX agents, RESAAS will now deliver a file storage and sharing solution exclusively for RE/MAX agents across the globe. This new platform is the only multilingual-capable file share solution available for global real estate franchises. Under the terms of the agreement, this platform will allow for various file types (PDFs, Word documents, videos, PowerPoint presentations, webinars, etc.) to be uploaded and available for download by RE/MAX agents only. Each piece of content can be organized by category names and labeled by tags that will be user-generated and defined by the original content publisher. The multilingual component is unique in its entirety, allowing RE/MAX agents to provide additional, translated versions of original content. To-date, RESAAS has translated its platform into 17 different languages in an effort to service the RE/MAX networks global reach of nearly 100 countries. Although the referral network is available to all agents within the RE/MAX network, the Social Learning Platform will only be available for RE/MAX agents located outside of the US and Canada.

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Recent Private Companies Transactions

November 28, 2016
RE/MAX of Kentucky/Tennessee, Inc. and RE/MAX of Georgia, Inc. and RE/MAX of Southern Ohio, Inc.
November 3, 2016
RE/MAX of New Jersey, Inc.

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