RE/MAX International
Yes, we actively support the inclusion and development of minority-owned franchises in the RE/MAX International system.
RE/MAX International
P. O. Box 3907
Englewood, CO 80155-3907
800#: (800) 525-7452
Tel: (303) 770-5531
Fax: (303) 796-3599
E-mail: petergilmour@remax.net
Web Site: www.remax.com
Contact: Mr. Peter Gilmour, VP Intl. Franchising/Brokerage
The RE/MAX real estate franchise network, now in its 33rd year of consecutive growth, is a global system of more than 6,100 offices worldwide, engaging more than 117,000 members. RE/MAX sales associates lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, relocation and asset management. For more information visit www.remax.com.
Franchisor Background
Established: 1973
First Franchise: 1975
Franchise Units: 6122
Company-Owned Units: 28
Total Units: 6150
Distribution:
> North America -- Operations in 50 States,12 Provinces
> States/Provinces with Greatest Density: 426 in CA, 255 in ON, 248 TX
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 2-4 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: Varies SF; FS, SF, SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $20-200K
Total Investment: $20-150K
Average Total Investment: $85K
Minimum Net Worth: $Varies
Fees
>Franchise: $10-25K
>Average Franchise Fee: $17K
>Royalty: Varies
>Advertising: Varies
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: Yes
Expand In Territory:Varies
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: NA
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 400
On-Going Support: C,D,G,h,I (for an explanation click here)
Training: 40+ Hours at Headquarters in Englewood, CO.
Specific Minority Program(s) in Place: Race, color, religion, sex, disabilities, financial status or national origin are not factors in the consideration of ownership of a RE/MAX franchise. Our primary criteria are reputation and experience in real estate, management, recruiting and general business as well as financial capabilities of the potential franchise.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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