Parker Pemberton and his team have left eXp Realty, Corcoran snapped up a team in Rhode Island, and a new team has emerged at Douglas Elliman — among other big moves
Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate
The franchisor's total agent count grew 2.5% from a year ago, to 147,073. But a growing proportion of those agents work outside of RE/MAX's main markets, the US and Canada
Since peaking at 246 offices in the fourth quarter of 2023, RE/MAX's mortgage brokerage franchising business has experienced declines for 5 consecutive quarters
Let’s build cultures that protect joy, promote clarity and value contribution in all its forms, Stacey Soleil writes. That’s not just smart business. That’s leadership
Revenue fell to $74.5M, down from $78.3M a year earlier, marking the 11th-straight quarter of decline, according to financial results posted by RE/MAX Thursday after the markets closed
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
Sponsored Content
A pivotal year for real estate: Top industry minds tackle recruiting, market shifts, and innovation at Inman Connect New York 2025
Lim, who vacated the presidency of Christie's International Real Estate in 2023, will be tasked with growing RE/MAX at a time when the brokerage has struggled with falling revenue and agent count
Lessinger's departure comes less than a year after she assumed the role of president. It also comes after RE/MAX has struggled with financial results in recent quarters
A new quarter saw continuing trends for RE/MAX Holdings in decreasing revenue and US agent count, but the franchisor also vastly improved its net income year over year
Chief Operating Officer Serene Smith is leaving after 7 years in the role. Rob Fuchs has signed on as a new EVP. Changes follow departure of former CEO Nick Bailey, who exited in February
Total revenue declined by 8.3% YOY to $78.3M during Q1 2024, besting analysts' expectations for it to fall by 9.5%. News comes one quarter into Amy Lessinger's tenure as president
RE/MAX announced it was making changes to its executive team after revenue fell for a sixth consecutive quarter to end 2023. Amy Lessinger will succeed Bailey as president
'Mortgage brokerage in a box' offering makes Entrepreneur's list of top franchise opportunities for a 5th consecutive year, despite challenging conditions for mortgage lenders