What was the net change in the number of franchised Remax outlets during 2023?
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 | 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 |
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 data on the systemwide outlet summary. One table reflects RE/MAX Regional, while the other reflects REMAX, LLC.
For RE/MAX Regional, in 2023, the net change in franchised outlets was -8. This means that the number of franchised locations decreased by 8 during that year. There were 502 franchised outlets at the start of 2023 and 494 at the end of the year.
For REMAX, LLC, in 2023, the net change in franchised outlets was -103. This means that the number of franchised locations decreased by 103 during that year. There were 3477 franchised outlets at the start of 2023 and 3374 at the end of the year.
A prospective franchisee should consider these figures in the context of their own business goals and market conditions. Declines in outlet numbers could indicate challenges within the franchise system, but further investigation would be needed to understand the reasons behind these changes.