How many Remax franchise transfers occurred in the state of Montana during the year 2023?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Montana | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 |
Source: Item 20 — **OUTLETS AND FRANCHISEE INFORMATION (FDD pages 89–108)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, there was one franchise transfer in Montana during 2023. The table provided in Item 20 of the FDD outlines the number of franchise transfers by state and year. This information is valuable for potential franchisees as it provides insight into the stability and turnover of Remax franchises in specific geographic areas.
The transfer data can be used to assess the health of the Remax brand in Montana. A low number of transfers could indicate stability, but it could also suggest a lack of resale opportunities. Conversely, a high number of transfers might signal instability or difficulty in operating a Remax franchise in that area.
Prospective franchisees should investigate the reasons behind any franchise transfers in their target area. Speaking with current and former franchisees, as suggested in the FDD, can provide valuable context and help in making an informed decision about investing in a Remax franchise.