How many Remax franchise transfers occurred in Texas during 2024?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 4 |
| 2023 | 6 | |
| 2024 | 9 |
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 were 9 franchise transfers in Texas during 2024. This information is detailed in Table No. 2, which outlines transfers of outlets from franchisees to new owners, excluding transfers back to Remax itself. The table provides a state-by-state breakdown of these transfers for the years 2022, 2023, and 2024.
For a prospective Remax franchisee, this data indicates the level of franchise resales activity in Texas. A higher number of transfers could suggest a more active market for buying and selling existing Remax franchises. It could also reflect varying levels of franchisee success or changing business priorities among existing owners. Understanding the reasons behind these transfers would be a crucial part of due diligence for anyone considering investing in a Remax franchise in Texas.
It's important to note that this table only accounts for transfers to new owners, not closures or re acquisitions by Remax. Reviewing the broader context of outlet openings, terminations, and non-renewals, also detailed in Item 20, provides a more complete picture of franchise activity. Consulting with current and former Remax franchisees in Texas can offer additional insights into the dynamics of the local market and the factors driving franchise transfers.