|Bid||32.01 x 1200|
|Ask||33.81 x 900|
|Day's Range||32.48 - 39.58|
|52 Week Range||24.67 - 44.16|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||24.17|
|Forward Dividend & Yield||0.88 (2.17%)|
|Ex-Dividend Date||Mar 02, 2020|
|1y Target Est||N/A|
RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, 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 $0.22 per share of Class A common stock, a 1-cent or almost 5% increase over the previous quarter's dividend.
Last month's home sales posted the highest year-over-year gain for January in 11 years, increasing an average of 10.5% in the 54 metro areas covered by the report. Meanwhile, the 15.6% year-over-year drop in inventory was the largest decline since May 2017 and marked the seventh consecutive month of year-over-year shrinkage in the number of U.S. homes for sale.
RE/MAX, the 1 name in real estate*, today launched the newest marketing feature on the RE/MAX Hustle website providing agents with the ability to create custom, professional commercials for each and every listing. The launch of this first-of-its-kind tool, developed in partnership with award-winning agency Camp + King, follows the recent release of the network's 2020 advertising campaign and expanded custom commercial feature that allows agents to personalize the latest national advertising campaign assets with their contact information.
December posted a record finish to a year and a decade, with a year-over-year increase in home sales of 13.5% in the 54 metro areas covered by the report. That was the highest increase of any month in 2019, and the highest for the month of December since 2009.
RE/MAX, the 1 name in real estate*, today launched its 2020 advertising campaign highlighting the years of experience, professionalism and expertise RE/MAX agents bring to the table throughout a real estate transaction. Building on the 'Sign of a RE/MAX Agent' campaign and the RE/MAX slogan 'Don't Worry, We've Done This a Million Times,' the new spots highlight the quality services and support offered to consumers by skilled full-time agents. The 2020 campaign spans radio, digital, TV and social media outlets with 11 video concepts.
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, and of Motto Mortgage, an innovative mortgage brokerage franchisor, will release financial results for the quarter and full year ended December 31, 2019, after market close on Thursday, February 20, 2020, and will host a conference call for interested parties on Friday, February 21, 2020, at 8:30 a.m. Eastern Time.
Tombras has been named media agency of record for RE/MAX, one of the world's leading franchisors of real estate brokerage services. The Knoxville-based full-service advertising agency was awarded the business following a national consultant-led review managed by Media Sherpas.
RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, today announced that it has acquired First, a technology company that leverages data science, machine learning and human interaction to help real estate professionals better leverage the value of their personal network.
A fifth straight month of shrinking inventory year-over-year triggered several November records in the 11-year history of the RE/MAX National Housing Report: fewest Days on Market at 49, fewest Months Supply of Inventory at 3.3, and the highest Median Sales Price at $257,000.
At the same time, inventory posted a steep 9.0% year-over-year decline across the report's 54 metro areas, while the Median Sales Price of $254,800 set an October record. Leading the year-over-year sales percentage increase were Los Angeles, CA at +24.4%, Charlotte, NC at +19.1%, and Burlington, VT at +16.1%.
DENVER, Nov. 13, 2019 /PRNewswire/ -- Longtime industry leader Chuck Ochsner was this year's recipient of the "On the Shoulders of Giants" award presented by RE/MAX, LLC and RISMedia at the National Association of REALTORS® Convention held November 8-11, 2019, in San Francisco, California. Ochsner, a visionary Broker/Owner who built one of the largest RE/MAX operations in the world, has a four-decade record of promoting excellence, raising industry standards, and supporting agents in a way that benefits the buyers and sellers they serve. "The 'On the Shoulders of Giants Award' recognizes individuals whose efforts, deeds and character exemplify superiority in and for the real estate industry," said Adam Contos, RE/MAX CEO.
DENVER , Nov. 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, ...
Nine companies join list of businesses offering premiere services to RE/MAX agents DENVER , Nov. 8, 2019 /PRNewswire/ -- RE/MAX today announced the addition of nine companies to the RE/MAX Approved Suppliers ...
DENVER , Oct. 31, 2019 /PRNewswire/ -- Third Quarter 2019 Highlights (Compared to third quarter 2018 unless otherwise noted) Total agent count increased 3.5% to 128,258 agents U.S. and Canada combined ...
DENVER, Oct. 30, 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.
Real Estate Franchisor Campaign Receives 'Best Business to Consumer Marketing' Award DENVER , Oct. 25, 2019 /PRNewswire/ -- Winning first place in the Business to Consumer Marketing category, RE/MAX digital ...
September's Median Sales Price of $254,500 was a year-over-year increase of 4.5%, which is in line with the year-over-year average gain of 4.9% for 2019's first nine months. Of the 54 metro areas surveyed in September 2019, the overall average number of home sales is down 17.0% compared to August 2019, and up 8.1% compared to September 2018. Five metro areas increased year-over-year by double-digit percentages, with the largest increases seen in Detroit, MI at +15.6%, Birmingham, AL at +15.3%, and Charlotte, NC at +11.8%.
Harris' elevated role of focusing on the customer experience aligns perfectly with the teams she will continue to lead – Events, Strategic Alliances and EDR Travel. Events and EDR collaborate on more than 400 RE/MAX meetings, retreats, conferences, conventions and special events each year, while the Strategic Alliances group drives positive relationships between affiliates and over 115 companies in the RE/MAX Approved Supplier program.
DENVER , Oct. 2, 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, ...
2019 Franchise Times Top 200+ Survey Ranks U.S.-Based Franchisors DENVER , Oct. 1, 2019 /PRNewswire/ -- For the seventh straight year, RE/MAX, LLC, the #1 name in real estate*, was recognized as a top ...
DENVER, Sept. 17, 2019 /PRNewswire/ -- August 2019 existing home sales slipped 1.6% from a year ago, despite buyer demand exceeding available housing supply, according to the RE/MAX National Housing Report. Buyer demand outpaced homes listed for sale in August, causing the largest inventory decline in 13 months. An analysis of the report's 53 metro areas shows August inventory shrank 5.5% year-over-year, the largest drop since 7.8% in July 2018.
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.