More than 1,000 franchisors applied to be included in this year’s Franchise 500. RE/MAX was selected as the top estate franchisor because of its unit growth, financial strength, stability and brand power in 2018. This year’s Franchise 500 marks the 16th time in 20 years that RE/MAX is number one in the real estate category. RE/MAX ranked 15th overall among all franchisors on the list.
“RE/MAX leads its competitors year after year in the Franchise 500,” said Adam Contos, CEO of RE/MAX. “We truly are the number one name in real estate, and industry professionals want to experience the competitive advantages of our brand power, progressive on-demand training, technology and unmatched global footprint.”
The Franchise 500 is considered the oldest and most comprehensive franchise ranking in the world. Companies are judged by the same criteria including costs and fees, size and growth, support, brand strength and financial strength and stability. To be eligible, franchisors must be seeking new franchises in the United States or Canada and have a minimum of 10 units open and operating as of July 31, 2018, with at least one franchise located in North America.
From a single office that opened in 1973 in Denver, Colo., RE/MAX has grown into a global real estate network with more than 120,000 sales associates in more than 100 countries and territories. RE/MAX was recently named a top 10 franchise brand for the third consecutive year and the leading real estate franchise for the 10th year in a row in the 2018 Franchise Times Top 200+® survey.
About the RE/MAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with over 120,000 agents in more than 100 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. Dedicated to innovation and change in the real estate industry, RE/MAX launched Motto Mortgage, a ground-breaking mortgage franchisor, in 2016 and acquired booj, a real estate technology company, in 2018. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children’s Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit http://www.remax.com. For the latest news about RE/MAX, please visit http://www.remax.com/newsroom.