|Bid||27.37 x 1100|
|Ask||27.39 x 900|
|Day's Range||27.00 - 27.56|
|52 Week Range||24.67 - 46.11|
|Beta (3Y Monthly)||1.52|
|PE Ratio (TTM)||17.69|
|Forward Dividend & Yield||0.84 (3.10%)|
|1y Target Est||N/A|
DENVER, Sept. 3, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, today announced industry veteran Nick Bailey has returned to the organization in the newly created position of Chief Customer Officer (CCO). Bailey, who most recently served as President and CEO of Century 21 Real Estate LLC, a subsidiary of Realogy, brings more than 23 years of real estate industry experience to his new role. "If anyone can help our Broker/Owners cut through the noise of a changing industry, it's Nick Bailey," said Adam Contos, RE/MAX CEO.
A drop in home sales from June to July is typical in the report's 53 metro areas. "July sales snapped back after a tepid June, as attractive low interest rates appear to have brought more buyers into the mix," said RE/MAX CEO Adam Contos. "The housing market has been a bit uneven since the early spring, with each encouraging month seemingly followed by one with lukewarm results.
DENVER, Aug. 7, 2019 /PRNewswire/ -- RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, has launched branded digital stickers available on messaging and social media channels for RE/MAX affiliates at no additional cost. The RE/MAX Digital Sticker Pack is the latest digital offering for the Network's agents and brokers following the launch of the booj Platform productivity suite earlier this week. The innovative mobile marketing campaign delivers animated stickers to agents, homebuyers and home sellers and serves as a fun and unique communications tool for agents to stay top of mind with clients.
CHICAGO, Aug. 5, 2019 /PRNewswire/ -- Less than two years after acquiring the award-winning web development and software firm booj, RE/MAX, LLC today announced the launch of the booj Platform, an integrated suite of digital products that will empower high-producing agents, teams and brokers to proactively establish, manage and grow client relationships. Developed by booj engineers in collaboration with thousands of RE/MAX affiliates, the booj Platform is focused on delivering a better customer experience by streamlining the work of agents, from lead generation to post-close nurturing and beyond. RE/MAX understands real estate is a local business and these sites are designed to position RE/MAX affiliates as local experts.
DENVER , Aug. 1, 2019 /PRNewswire/ -- Second Quarter 2019 Highlights (Compared to second quarter 2018 unless otherwise noted) Total agent count increased 3.2% to 127,020 agents U.S. and Canada combined ...
DENVER, July 31, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (RMAX), parent company of RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, and of Motto Mortgage, an innovative mortgage brokerage franchise, announced today that its Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock. RE/MAX Holdings, Inc. (RMAX) is one of the world's leading franchisors in the real estate industry, franchising real estate brokerages globally under the RE/MAX® brand, and mortgage brokerages within the U.S. under the Motto® Mortgage brand. Now with more than 125,000 agents across over 110 countries and territories, nobody in the world sells more real estate than RE/MAX, as measured by total residential transaction sides.
DENVER, July 17, 2019 /PRNewswire/ -- Typically the strongest month for home sales, June saw closings decline 4.7% from May and 7.8% from June 2018, according to the RE/MAX National Housing Report. Going in the opposite direction, June's Median Sales Price of $276,000 was an all-time high in the 10-year history of the report. "Record prices appear to have kept June sales figures from topping a strong May," said RE/MAX CEO Adam Contos.
DENVER , July 9, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, ...
DENVER, July 9, 2019 /PRNewswire/ -- RE/MAX, the world's most productive real estate network*, had more agents recognized than any other real estate brand for the annual ranking of "America's Best Real Estate Professionals" by REAL Trends + Tom Ferry. "The unwavering strength of the RE/MAX network is rooted in our brokers and agents, the stars of the real estate industry," said Adam Contos, CEO of RE/MAX. "RE/MAX has more of 'America's Best' real estate professionals in our network than any other real estate brand.
At the same time, inventory grew for the eighth consecutive month, representing the most units for sale since August 2016 in the report's 54 metro areas. Homes sold quickly, as evident in the Days on Market average of 47 – the second-fastest May average in the 10-year history of the report. The Median Sales Price of $259,500 was up 3.4% year-over-year, representing the lowest May increase since 2011.
DENVER , June 11, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, and of Motto Mortgage, ...
Forward-looking statements are based on information available at the time those statements are made and the good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Such risks and uncertainties include, without limitation, (1) changes in the real estate market or interest rates and availability of financing, (2) changes in business and economic activity in general, (3) volatility in RE/MAX's stock price, which may decline regardless of the company's operating performance, (4) fluctuations in RE/MAX's operating results, and those risks and uncertainties described in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the most recent Annual Report on Form 10-K of RE/MAX filed with the Securities and Exchange Commission ("SEC") and similar disclosures in subsequent periodic and current reports filed with the SEC, which are available on the investor relations page of RE/MAX's website at www.remax.com and on the SEC website at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.
DENVER, May 17, 2019 /PRNewswire/ -- April home sales finished just 1% below a year ago as selling times shortened and tight inventory held steady, according to the RE/MAX National Housing Report. At the same time, inventory increased 0.8% and marked the seventh consecutive month of year-over-year growth in number of homes for sale. The Months Supply of Inventory in April dropped year-over-year from 3.0 to 2.6.
DENVER, May 13, 2019 /PRNewswire/ -- RE/MAX strongly believes the role of a real estate agent in the homebuying and selling process is more important than ever. Consumers faced with the largest, most complex financial transaction of their lives should have a knowledgeable professional to guide and advise them. Given Redfin's recent announcement regarding a program that would encourage buyers not to use agents on listings where the seller is represented by Redfin, we cannot continue with an official, corporate-level relationship at this time.
DENVER , May 2, 2019 /PRNewswire/ -- First Quarter 2019 Highlights (Compared to first quarter 2018 unless otherwise noted) Total agent count increased 3.9% to 125,532 agents U.S. and Canada combined ...
Housing activity in the report's 54 markets nationwide also saw the Median Sales price grow by 3.4% year-over-year – notably smaller than the year-over-year increases in February (5.5%) and January (4.6%). However, the median sales price has risen by more than 3% year-over-year in 17 of the last 18 months. March 2019's month-over-month increase of 28.8% was the smallest since 24.6% in 2014. Days on Market increased to 59 from 57 last March, while Months Supply of Inventory declined year-over-year to 2.7 from 3.0.
DENVER , April 5, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, ...
DENVER, March 27, 2019 /PRNewswire/ -- For the ninth consecutive year, the 2019 REAL Trends 500 survey—one of the most widely followed reports in the real estate industry—showed RE/MAX agents at participating brokerages outsold competing agents on average by more than 2-to-1*, averaging 16.3 transaction sides, compared to an average of 7.1 for agents from all other participating large brokerages. "In an industry where world-class customer service matters, RE/MAX agents continue to deliver," said RE/MAX CEO Adam Contos. "As part of a network of 125,000 agents in more than 110 countries and territories, RE/MAX brokerages that qualified for the REAL Trends 500 report embrace innovative tools, training and technology to stand out from the competition.
At the same time, inventory grew 5.8% over February of 2018, marking the fifth consecutive month of growth following a decade-long trend of shrinking inventory. The Months Supply of Inventory also grew in February from 3.1 in 2018 to 3.4 this year. Bucking these trends, the Median Sales Price increased to $240,000, a year-over-year gain of 5.5% and a February record in the 10-year history of the report.
DENVER and SEATTLE, March 18, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, today announced a strategic alliance with Redfin (RDFN), the technology-powered real estate brokerage. The alliance formalizes and expands a long-standing relationship between Redfin and RE/MAX agents via the Redfin Partner Program. In areas where Redfin does not have capacity to serve customers, Redfin refers customers to approved Partner Agents at other brokerages, including participating RE/MAX agents.
NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
National Awards Ceremony Honors Top Business Performers and Leaders of Motto Mortgage Network DENVER , March 4, 2019 /PRNewswire/ -- Motto Mortgage , an innovative mortgage brokerage franchise and the ...
DENVER , Feb. 21, 2019 /PRNewswire/ -- Full-Year 2018 Highlights (Compared to full-year 2017 unless otherwise noted) Total agent count increased 4.4% to 124,280 agents U.S. and Canada combined agent count ...
Leading Global Real Estate Franchisor Named #1 for Sixth Consecutive Year DENVER , Feb. 21, 2019 /PRNewswire/ -- Leading the world's fastest growing real estate franchisors, Denver -based RE/MAX , LLC, ...