Are the numbers of offices or agents referenced in the notes to the consolidated financial statements audited for Remax?

According to Remax's 2025 Franchise Disclosure Document, any reference to the number of offices or agents in the notes to the consolidated financial statements are unaudited. This means that while Remax may present figures regarding the size and scope of its franchise network in its financial statements, these numbers have not been independently verified by an auditor.

For a prospective Remax franchisee, this distinction is important because unaudited figures carry a higher risk of inaccuracy compared to audited figures, which have undergone scrutiny by an independent accounting firm. While the numbers may be presented in good faith by Remax, there is no guarantee that they are completely accurate or reliable.

Therefore, a potential franchisee should exercise caution when relying on these figures for making investment decisions. It would be prudent to conduct independent research and due diligence to verify the size and performance of the Remax network, rather than solely relying on the unaudited figures presented in the financial statement notes. This could involve speaking with existing franchisees, analyzing market data, and consulting with financial advisors to assess the true potential of a Remax franchise.