How many Remax franchise transfers occurred in Massachusetts during 2023?

According to Remax's 2025 Franchise Disclosure Document, there were 3 franchise transfers in Massachusetts during 2023. This indicates the number of existing Remax franchises that were sold to new owners within that state during that year. Franchise transfers can occur for various reasons, such as the original franchisee retiring, selling the business for personal reasons, or failing to meet the franchisor's standards.

For a prospective Remax franchisee, the number of transfers can provide insights into the stability and desirability of owning a franchise in a specific area. A higher number of transfers might suggest a more active market for buying and selling franchises, but it could also signal potential challenges or turnover within the existing franchisee network. Conversely, a low number of transfers could indicate stability, but it might also mean fewer opportunities to acquire an existing franchise rather than starting a new one.

It is important to note that franchise transfers are different from terminations or non-renewals, which represent instances where a franchise agreement ends and the franchisee ceases to operate under the Remax brand. Transfers specifically involve the sale of an existing franchise to a new owner, keeping the business operational under the same brand. Reviewing transfer data alongside termination and non-renewal rates can provide a more comprehensive understanding of franchisee turnover and the overall health of the Remax franchise system in a given state.

Prospective franchisees should investigate the reasons behind franchise transfers in their target market to assess any potential risks or opportunities. Speaking with current and former Remax franchisees in Massachusetts could provide valuable context and help in understanding the local market dynamics.