How many Remax outlets were transferred in New Jersey during 2023?

According to Remax's 2025 Franchise Disclosure Document, there were 11 outlet transfers in New Jersey during 2023. This information is part of a larger table detailing the number of outlet transfers across various states over the years 2022, 2023, and 2024. This data reflects transfers from existing Remax franchisees to new owners, excluding transfers back to the franchisor itself.

For a prospective Remax franchisee, this transfer data provides insight into the stability and turnover within the franchise system in specific geographic areas. A high number of transfers could indicate market challenges, franchisee dissatisfaction, or other factors influencing ownership changes. Conversely, a low number of transfers might suggest a stable and successful franchise environment.

It's important to note that transfer numbers alone don't tell the whole story. A potential franchisee should investigate the reasons behind these transfers, which could range from retirement to underperformance. Understanding the context behind these figures is crucial for making an informed investment decision. Further research into the local market conditions in New Jersey and discussions with current and former franchisees could provide a more comprehensive understanding.