Re/Max reports growing agent count, operating income in Q1

  • Re/Max reported a 6.8-percent year-over-year growth in agent count for the first quarter of 2016.
  • The company's operating income was boosted by 3.5 percent to $15.9 million.
  • Its revenue decreased 2.9 percent year-over-year to $42.9 million.

Re/Max reported a 6.8-percent year-over-year growth in agent count for the first quarter of 2016, and the company’s operating income was boosted by 3.5 percent to $15.9 million — but it reported that its revenue decreased 2.9 percent year-over-year to $42.9 million.