RE / MAX

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RE / MAX International LLC.

logo
legal form Limited Liability Company
ISIN US75524W1080
founding 1973
Seat Denver , United StatesUnited StatesUnited States 
management Adam Contos (CEO)
Number of employees 500
sales $ 282.3 million 500
Branch Real estate agent
Website www.remax.com
Status: 2019

RE / MAX International ( R EAL E state- Max imum concept) is a US-based franchise company for real estate brokers .

history

In 1973 the then 27-year-old Dave Liniger founded RE / MAX in Denver (USA) with his wife Gail Liniger . By the end of 1978, 1,000 brokers were working in more than 100 offices in the USA and Canada. The company entered the European market in 1994, in Germany in 1996, in Austria in 1999, and in Switzerland in 2000.

In 2018 RE / MAX International comprised a network of more than 100,000 real estate agents and over 7,400 offices in more than 100 countries. With the highest number of transactions (sales and rentals), RE / MAX is the real estate agent with the highest turnover in the world. By expanding to Europe, Africa, the Middle East and Australia, RE / MAX is active as a franchisor for real estate agents worldwide. In Europe, the franchise system had over 22,000 agents in over 1,600 offices in 2018. European focus markets include a. Portugal, Italy, Switzerland, Austria and the Czech Republic.

In October 2013, RE / MAX brought 10 million shares to the New York Stock Exchange (NYSE) as part of a new issue under the symbol RMAX. The majority of the company remains in the possession of the Liniger family.

In 2018 there were over 150 offices in Germany and 115 in Austria. In Switzerland, the brand has been present as Remax Switzerland since 2000.

Corporate concept

Legally independent and independent real estate agents share the costs and services of an office within the framework of an office community. The franchisee (= office operator) leaves the use of the brand to the broker (= licensee) in addition to the office workplaces.

criticism

RE / MAX started operations in Israel in 1995 and has since grown to become the largest real estate agent in the West Bank . These troubled operations in the Occupied Territories prompted the Presbyterian General Assembly in June 2016 to reconsider investments in the company. While the headquarters in the USA through Dave Liniger promised to cease activities there, which prevented a sharp resolution, the Israel CEO Bernard Raskin declared not to do anything of the sort.

Web links

Commons : RE / MAX  - collection of images, videos and audio files

Individual evidence

  1. ↑ a b Annual Report RE / MAX 2019 , accessed on May 18, 2020
  2. ↑ moneywatch.com: RE / MAX CEO Dave Liniger Says Recession Is Over , accessed July 22, 2011
  3. ^ RE / MAX Israel Pledges 'Business as Usual' Despite Plan to Pull Out of West Bank , Ha-Aretz on July 12, 2016