How many franchised Remax outlets were operating at the start of 2024?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 3546 | 3477 | -69 |
| 2023 | 3477 | 3374 | -103 | |
| 2024 | 3374 | 3150 | -224 | |
| Company- | ||||
| Owned | ||||
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 3546 | 3477 | -69 |
| 2023 | 3477 | 3374 | -103 | |
| 2024 | 3374 | 3150 | -224 |
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 3,374 franchised outlets operating at the start of 2024. This number reflects the total number of Remax franchises open and operating across the United States at the beginning of that year.
This figure is important for potential franchisees as it provides a snapshot of the brand's scale and reach at that time. It can be used as a benchmark to evaluate the brand's growth or decline over the years. The FDD also indicates that the number of Remax franchised outlets decreased during 2024, with 3,150 outlets at the end of the year, representing a net decrease of 224 outlets.
Analyzing the number of outlets at the start and end of the year, along with the net change, helps prospective franchisees understand the dynamics of the franchise system. Factors contributing to outlet changes can include new openings, terminations, non-renewals, and other reasons for ceasing operations. Reviewing these trends over multiple years, as presented in the table, can offer a more comprehensive understanding of the stability and performance of the Remax franchise system.