DENVER, Jan. 10, 2017 /PRNewswire/ -- RE/MAX, LLC,
one of the world's leading franchisors of real estate brokerage
services, once again held the top position among real estate brands
in the annual Franchise 500® survey by Entrepreneur magazine. The
growth rate, financial stability and size of the RE/MAX system also
propelled the franchisor into the top 10 of all franchises included
in the listing. This year's ranking marks the 14th time in 18 years
that RE/MAX has been listed as the top franchisor in the real
estate category.
"Many of our franchisees gravitated to the RE/MAX model
because our focus has always been on the needs of the agent,"
said Chris Pflueger, Vice President, Business Development, RE/MAX,
LLC. "We provide our broker/owners with the leading-edge tools,
on-demand education, global brand recognition and more than 40
years of industry-leading experience to attract and recruit the top
performing real estate agents in their markets."
Highlights of the 38th Annual Franchise 500 survey include:
- RE/MAX ranked the #1 real estate franchise
- RE/MAX ranked #10 overall, up from #21 in 2016 and #75 in
2015
- Closest RE/MAX competitors were HomeVestors of America at #52
and Keller Williams Realty at #77
- The top 10 overall standings include #1 7-11, #2 McDonald's, #3
Dunkin' Donuts, #4 The UPS Store, #5 Jimmy
John's Gourmet Sandwiches, #6 Dairy Queen, #7 Ace Hardware,
#8 Wingstop Restaurants, #9 Sport Clips and #10 RE/MAX
Entrepreneur magazine's annual Franchise 500 is the oldest and
most comprehensive franchise ranking in the world. The prestigious
survey judges all companies by the same criteria: objective,
quantifiable measures of a franchise operation. The most important
factors include financial strength and stability, growth rate and
size of a system. Franchise 500 also considers the number of years
a company has been in business and the length of time it has been
franchising, startup costs, litigation, percentage of closures and
whether the company provides financing. To be eligible, companies
must have at least ten units, including at least one in the U.S.,
and provide a franchise disclosure document. An impressive 988
companies were considered for the 2017 Franchise 500 ranking.
RE/MAX also was recently ranked the leading real estate
franchise for the eighth consecutive year in the annual Franchise
Times Top 200+® listing. Additionally, continued growth and a
steady increase in the number of locations pushed the global
franchisor of real estate brokerages into the top 10 franchises
included in the survey. RE/MAX ranked #8 overall, up from #11 in
2015, #12 in 2014 and #14 in 2013. The growth of RE/MAX sales
countered the trend of the 10 largest franchised brands
collectively losing system-wide sales for the first time in the
history of the listing. Franchise Times Top 200+ is recognized as a
leading franchise ranking list of the 200 largest franchise systems
in the U.S. by global sales based on the previous year's data.
About the RE/MAX Network:
RE/MAX was founded in 1973
by Dave and Gail Liniger, with an
innovative, entrepreneurial culture affording its agents and
franchisees the flexibility to operate their businesses with great
independence. Over 110,000 agents provide RE/MAX a global reach of
more than 100 countries and territories. Nobody sells more real
estate than RE/MAX when measured by residential transaction
sides. RE/MAX, LLC, one of the world's leading franchisors of
real estate brokerage services, is a wholly-owned subsidiary of
RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc.
(NYSE:RMAX). With a passion for the communities in which its agents
live and work, RE/MAX is proud to have raised more than
$150 million for Children's Miracle
Network Hospitals® and other charities. For more
information about RE/MAX, to search home listings or find an agent
in your community, please visit www.remax.com. For the latest news
about RE/MAX, please visit www.remax.com/newsroom.
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SOURCE RE/MAX, LLC