DENVER, Sept. 29, 2017 /PRNewswire/ -- RE/MAX, LLC, the
#1 name in real estate*, was once again ranked a top 10 franchise
in the annual Franchise Times Top 200+® survey. The Denver-based global franchisor of real estate
brokerages also was named the leading real estate franchise for the
ninth consecutive year.
"Being ranked the top real estate franchise year after year by
Franchise Times is a validation that RE/MAX is the worldwide leader
in real estate," said Chris Pflueger, Vice President, Business
Development, Recruiting and Retention at RE/MAX. "Our unique
agent-centric business model attracts some of the best performing
Realtors® in the industry and is one of the many reasons why the
RE/MAX network continues to experience exceptional and enviable
growth."
Highlights of this year's ranking include:
- RE/MAX ranked the #1 real estate franchise
- RE/MAX ranked #8 overall
- Closest competitors were Keller Williams Realty at #17 and
Berkshire Hathaway HomeServices at #51
- RE/MAX ranked #2 overall for total sales volume growth
- RE/MAX ranked #8 overall for unit growth
- The top 10 companies grew by $7.8
billion in combined global sales during 2016. The average
sales growth of the same 10 companies was 2.8 percent with RE/MAX
growing by 11.8 percent.
- The top 10 overall standings include #1 McDonald's, #2 7-11, #3
KFC, #4 Burger King, #5 Subway, #6 Ace Hardware, #7 Pizza Hut, #8
RE/MAX, #9 Domino's and #10 Marriott Hotels & Resorts
The Franchise Times Top 200+ is an annual ranking of the 500
largest franchise systems in the United
States by global systemwide sales, based on the previous
year's performance. According to the survey, now in its
19th year, the largest 200 U.S.-based franchise systems
posted $616.4 billion in worldwide
sales in 2016, up 3.4 percent from the previous year. In total, the
200 largest franchise brands are growing much faster than the
overall economy with an annual sales increase of 3.4 percent or
$20.3 billion. The results are an
improvement from last year's 2.2 percent gain and double the
current U.S. inflation rate of 1.7 percent.
The Franchise Times Top 200+ is the only ranking by system-wide
sales and locations of the largest 500 U.S.-based franchise brands.
Published in the October issue, the Franchise Times Top 200+ also
analyzes 12 industry sectors based on percentage change in sales
growth and reports the 10 fastest-growing franchises by four
different measures. The rankings and full report are available at
franchisetimes.com.
Entrepreneur magazine named RE/MAX the top real estate
franchise in its annual Top Global Franchises list, released in
July. RE/MAX ranked 11th overall in the
publication's "2017 Top Global Franchises" list of 200 brands,
based on data submitted for the Franchise 500®. The magazine also
recognized RE/MAX in its "2017 Top Fastest Growing Franchises"
rankings. RE/MAX was the only real estate brokerage franchise that
qualified, taking the 15th spot overall. It was the fourth
consecutive year RE/MAX was included in the annual list of
fast-growing brands.
With a presence in over 100 countries and territories, the
RE/MAX network's global footprint is unmatched by any other real
estate brand. Nobody in the world sells more real estate than
RE/MAX, as measured by residential transaction sides, and more than
115,000 agents worldwide are a part of the RE/MAX network.
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 115,000 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
$157 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.
*Source: MMR Strategy
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