Industry News

RE/MAX grows brokerage brand

Adds 667 franchises this year

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RE/MAX International reported 667 new franchise sales during the first three quarters of 2004, marking a 38.1 percent increase over the same period last year when the company reported 483 franchise sales. The largest number of new RE/MAX franchise sales occurred in the United States at 341, with Europe second at 238. Australia has added 23 new franchises while Canada sold 21, South Africa 17 and New Zealand added 11. RE/MAX California/Hawaii leads all regions with 43 new sales followed by RE/MAX New England at 39. RE/MAX of Spain is third at 29, RE/MAX of Florida has sold 25 for fourth place and RE/MAX Central Atlantic is fifth with 24. Besides Spain, leaders in Europe include RE/MAX of Scotland with 20, RE/MAX of Germany (SW/Bavaria) at 19 and RE/MAX of Israel and RE/MAX Portugal, both with 18 franchise sales. The RE/MAX franchise network is a global real estate system operating in 52 countries through 5,163 independently owned offices and 96,858 member sales associates. *** What'...