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What was the net change in the number of franchised Remax outlets in 2023?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

Senior Vice President, Franchise Operations, RE/MAX Integrated Regions, LLC, 5075 South Syracuse Street, Denver, Colorado, 80237- 2712, (303) 770-5531, the Federal Trade Commission, and the appropriate state regulatory agencies.

OUTLETS AND FRANCHISEE INFORMATION

Table No. 1 RE/MAX REGIONAL Systemwide Outlet Summary For Years 2022 to 20241

| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2022 | 497 | 502 | +5 | | | 2023 | 502 | 494 | -8 | | | 2024 | 494 | 475 | -19 | | Company-Owned | 2022 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | | Total Outlets | 2022 | 497 | 502 | +5 | | | 2023 | 502 | 494 | -8 | | | 2024 | 494 | 475 | -19 | 1 These numbers are reflective of U.S. offices only.

Table No.

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 are two tables providing information on outlet summaries. One table provides information for RE/MAX, LLC and the other provides information for RE/MAX Regional.

For RE/MAX, LLC, in 2023, the net change in franchised outlets was -103. This means that systemwide, Remax experienced a decrease of 103 franchised locations during that year. This number reflects the difference between the 3,477 outlets at the start of 2023 and the 3,374 outlets at the end of the year.

For RE/MAX Regional, in 2023, the net change in franchised outlets was -8. This means that Remax experienced a decrease of 8 franchised locations during that year. This number reflects the difference between the 502 outlets at the start of 2023 and the 494 outlets at the end of the year.

A prospective franchisee should inquire about the reasons for these net decreases in franchised outlets. Understanding the factors contributing to these closures or non-renewals can provide valuable insight into the health and stability of the Remax franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.