In what state were there 17 transfers of Remax outlets in 2023?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 15 |
| 2023 | 17 | |
| 2024 | 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 were 17 transfers of Remax outlets in Florida during 2023. This indicates a notable level of activity in the real estate market within the Remax franchise system in that state during that year.
For a prospective franchisee, a high number of transfers could suggest a dynamic market with opportunities to acquire existing Remax businesses. However, it could also signal potential challenges or turnover within the franchise network. Investigating the reasons behind these transfers would be a prudent step for anyone considering investing in a Remax franchise in Florida.
Understanding the context behind these transfers, such as the financial health of the transferring franchises or local market conditions, is crucial. This information can provide valuable insights into the stability and growth potential of a Remax franchise in Florida. Prospective franchisees should discuss these figures with Remax representatives to gain a deeper understanding of the market dynamics and ensure they are making an informed decision.