RE/MAX Franchise
Thursday, April 22, 2010 at 07:30PM Real estate agents specializing in residential and corporate property
Founded by Dave and Gail Liniger in Denver in 1973, RE/MAX is now a global network of more than 62,000 USD real estate agents. The Linigers created the company to give agents higher commissions. In the RE/MAX system, agents are in charge of their own business, split office expenses equally with other agents and operate under a maximum commission concept.
Start-up Costs & Franchises Fees
What is the total cost to open a RE/MAX Franchises?
Total Cost: $35,000 USD -$200,000 USD
Total Franchise Fees: $10,000 USD -$25,000 USD
Ongoing Royalty Fees: Varies
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: Varies
Contact Information for RE/MAX
|
RE/MAX International Inc. |
Phone Number: (303)770-5531 |
RE/MAX In the Press
No results at this time.Historical Expansion
In what year did RE/MAX begin operations? 1973
When did RE/MAX begin selling franchises? 1975
Year United States Canada International Corporate 2005 3614 580 1285 28 2004 3383 565 1097 28 2003 3183 561 857 21 2002 2994 552 703 19 2001 2869 541 594 19
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
Semi-annual convention and conference
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
Number of employees needed to run franchised unit: 2
Absentee ownership of franchise is allowed.
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes