December 17, 2017 11:21 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

Phone:

303-770-5531

Fax:

303-796-3599

Key Executives for RE/MAX, LLC

President
Age: 59
Co-Founder, Chairman and Chairman of Re/Max Holdings, Inc
Age: 71
Co-Founder, Vice Chairman and Vice Chairman of Re/Max Holdings, Inc
Age: 71
Co-Chief Financial Officer, Chief Operating Officer and Executive Vice President
Age: 62
Vice President and General Counsel
Compensation as of Fiscal Year 2017.

RE/MAX, LLC Key Developments

RE/MAX Preferred Assoc. Presents at NAR REALTORS Conference and Expo 2017, Nov-05-2017 11:00 AM

RE/MAX Preferred Assoc. Presents at NAR REALTORS Conference and Expo 2017, Nov-05-2017 11:00 AM. Venue: Chicago, Illinois, United States. Speakers: Megan Hornsby.

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.

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