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LAST UPDATED: January 4th, 2023FRANCHISE WEBSITE:&nbsp;<a href="https://www.remax-franchise.com/home?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">https://www.remax-franchise.com/home</a>NUMBER OF LOCATIONS:&nbsp;9,120REPORTED COST TO GET IN:&nbsp;$44,000 to $236,500REPORTED ROI (Item 19):&nbsp;N/A<a href="https://www.remax-franchise.com/home?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">RE/MAX</a> is an American international real estate company that operates through a franchise system. The company specializes in assisting clients with buying and selling homes, as well as finding suitable properties for investment purposes. They also offer services such as property management, home financing and title insurance.How Many&nbsp;RE/MAX Locations Are There?The Denver-based company was founded in 1973 by&nbsp;<a href="https://www.daveliniger.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Dave</a> and&nbsp;<a href="https://news.remax.com/bio/gail-liniger?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Gail Liniger</a> and started offering franchises in 1986. Today, RE/MAX is one of the largest real estate brokerages in the world with over 130,000 agents in more than 110 countries and $11 billion of systemwide sales.The RE/MAX business model was designed to disrupt the real estate industry by allowing agents to operate under a high commission concept and manage themselves. This model is often described as "real estate maximums" — hence the name RE/MAX. The RE/MAX concept proved to be a hit, and the company expanded rapidly, reaching the 5,000-location mark in 1984, 10,000 in 1986, 25,000 in 1989 and 50,000 locations in 1998.Today, RE/MAX has been consistently ranked as one of the most recognized brands in the world. It is a trusted name in the real estate industry, and its franchisees benefit from the company's strong reputation. Now, as the real estate industry booms, the RE/MAX brand shows no signs of slowing down. It was ranked No. 130 on this year’s&nbsp;<a href="https://www.entrepreneur.com/franchises/remax/282746?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Entrepreneur 2022 Franchise 500 List</a> and was also included on Entrepreneur’s list of the&nbsp;<a href="https://www.entrepreneur.com/franchises/fastestgrowing?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Top 10 Fastest Growing Franchises</a>.&nbsp;What is the RE/MAX Business Model?The franchise offered is for the operation of a RE/MAX real estate sales office, which offers a variety of real estate services to the general public. RE/MAX has a wide variety of agent types, including full-time agents, part-time agents and military relocation specialists, but they are all in charge of their own businesses, share office expenses and operate under a high commission concept. The company also offers a mentoring program for new agents.&nbsp;Those who already own a real estate practice can also affiliate with a RE/MAX franchise to enhance their business, develop a partnership with other brokerage owners or create an exit strategy.&nbsp;How Much Can&nbsp;RE/MAX Franchise Owners Make?RE/MAX does not disclose official financials or earnings for franchisees operating in the U.S., but according to&nbsp;<a href="https://www.careerbliss.com/remax/salaries/franchise-owner/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018#:~:text=The%20salary%20for%20Franchise%20Owner%20at%20RE%2FMAX%20is%20%2450%2C000%20annually." target="_blank" rel="nofollow">CareerBliss</a>, the average salary for franchise owners at RE/MAX is $50,000 annually.How Much Does it Cost to Open a&nbsp;RE/MAX?The total investment necessary to purchase a RE/MAX territory ranges from $44,000 to $236,500. The RE/MAX royalty percentage varies. Someone thinking of investing in a RE/MAX franchise should have at least $35,000 of cash or other liquid capital available. &nbsp;<figure class="table"><table><tbody><tr><td>Name of Fee</td><td>Low</td><td>High</td></tr><tr><td>Initial Franchise Fee</td><td>$17,500</td><td>$37,500</td></tr><tr><td>Office Set-Up</td><td>$3,500</td><td>$72,000</td></tr><tr><td>Exterior Office Signage</td><td>$500</td><td>$10,000</td></tr><tr><td>Furniture, Fixtures, and Equipment</td><td>$5,000</td><td>$41,000</td></tr><tr><td>Inventory and Supplies</td><td>$1,500</td><td>$4,000</td></tr><tr><td>Training Fees and Expenses</td><td>$3,000</td><td>$6,000</td></tr><tr><td>Insurance</td><td>$2,000&nbsp;</td><td>$5,000&nbsp;</td></tr><tr><td>Miscellaneous Opening Costs</td><td>$1,000</td><td>$11,000</td></tr><tr><td>Additional Funds – 3 months</td><td>$10,000</td><td>$50,000</td></tr><tr><td>ESTIMATED TOTAL</td><td>$44,000</td><td>$236,500</td></tr></tbody></table></figure> What is the Franchise Fee for RE/MAX?The initial franchise fee for a single territory is $17,500–$35,000.Who is the Leadership of RE/MAX?<ul><li><a href="https://www.linkedin.com/in/nick-bailey-7286bb10?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Nick Bailey - President and CEO</a></li><li><a href="https://ca.linkedin.com/in/christopher-alexander-4170a736?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Christopher Alexander - President, RE/MAX Canada</a></li><li><a href="https://www.linkedin.com/in/joshbolgren?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Josh Bolgren - Senior Vice President, U.S. Region Operations</a></li><li><a href="https://www.linkedin.com/in/shawna-gilbert-53263811?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Shawna Gilbert - Senior Vice President, Global Development</a></li><li><a href="https://www.linkedin.com/in/pam-harris-cmp-3778175?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Pam Harris - Senior Vice President, Experience &amp; Strategic Partnerships</a></li><li><a href="https://www.linkedin.com/in/abby-lee-2a530428?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Abby Lee - Senior Vice President, Marketing and Communications</a></li><li><a href="https://www.linkedin.com/in/amy-lessinger-82189250?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Amy Lessinger - Senior Vice President, Region Development</a></li></ul>What Helpful Articles Can I Read to Learn More About RE/MAX?<ul><li><a href="https://www.franchisedirect.com/realestatefranchises/remax-franchise-07067/ufoc/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">RE/MAX Franchise (Costs + Fees +FDD)</a></li><li><a href="https://www.entrepreneur.com/franchises/remax/282746?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">Start a RE/MAX Franchise in 2023 - Entrepreneur</a></li><li><a href="https://www.franchisehelp.com/franchises/re-max/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">RE/MAX Franchise Cost - FranchiseHelp</a></li><li><a href="https://smallbusiness.chron.com/minimum-cost-remax-owner-pays-franchise-36112.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-remax-franchise-costs-fees-profit-and-data-2721018" target="_blank" rel="nofollow">What Is the Minimum Cost a ReMax Owner Pays for a Franchise?</a></li></ul> Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content. &nbsp;

Franchise Deep Dive: RE/MAX Franchise Costs, Fees, Profit and Data

1851 Franchise

People will always need to buy and sell homes, and this leading global real estate franchisor gives agents the opportunity to take charge of their own business, share office expenses and operate under a high commission concept.

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Franchise Deep Dive: RE/MAX Franchise Costs, Fees, Profit and Data

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