Business Description

The RE/MAX real estate franchise network is a global system of more than 7,000 offices worldwide, engaging more than 110,000 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

Year Established:  1973

Franchising Since:  1975

Operating Units:
Franchised Units:	6,990	99.4%
Company-Owned Units:	41	0.6%
Total Operating Units:	7,031	100.0%
Minority Representation Units Owned by Minorities: African-American: 112 Asian-American: 101 Hispanic: 167 Native American: 11 Other: 155 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.
Geographic Distribution: U.S.: 4,337 61.7% In 50 States Canada: 655 9.3% In 12 Canadian Provinces International: 2,039 29% In 65 Foreign Countries   Total: 7,031 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. California	410
2. Texas	314
3. Ontario	281

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$Varies
Cash Investment:	$Varies
Total Investment:	$35-191K
Average Total Investment:	$113K
Fees:
Initial Franchise Fee:	$12.5-25K
Average Franchise Fee:	$20K
On-Going Royalty:	Varies
Average Royalty:	0%
Advertising Fee:	Varies

Average Number of Employees: 2-4 Full-time, 1 Part-time

Space Needs (in square footage): Varies

Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	4
Specific Industry Experience:	5
Formal Education:	1
Psychological Profile:	4
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	500
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	Yes
Regional Advertising:	Yes
Local Advertising:	No
Marketing Materials:	Ad Slicks, Television Ads
Additional Services:	Online Extranet
Other Marketing Support:	Personal Marketing Materials
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Headquarters in Denver, CO	40+ Hours
Expansion Plans
Projected New Units Over Next 12 months: 700 U.S.: Yes, All United States Canada: Yes Overseas: Yes	Request Franchisor Info   Submit an online form to receive information from RE/MAX International.