A drop in expenses was enough to offset falling revenue from franchise fees and annual dues that make up about 70% of RE/MAX's revenue, the company said on Thursday
Indie brokers should feel confident in expressing their needs to vendors when shopping around for different services. A little bit of legwork when establishing the relationship can pay off in the long run
RE/MAX is offering expanded training, tech initiatives and a free 3-month trial of its First app, an AI-powered lead nurturing tool
The real estate franchisor is enacting cost-cutting measures including a suspension of its popular 401K matching program, company bonuses and a nationwide hiring freeze
Fee structure in company-owned regions boosts the bottom line
Move bolsters the franchisor's 2 largest revenue streams
Franchisor plans to raise agent dues and franchise fees
Suit alleged funds were diverted from advertising fund
Laffey Associates, franchisor in lawsuits over franchise fees
Realogy promises to 'aggressively defend' against lawsuit