What was the total number of Remax outlet transfers in Massachusetts during the years 2022-2024?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Illinois | 2022 | 2 |
| 2023 | 6 | |
| 2024 | 4 | |
| Indiana | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 2 | |
| Iowa | 2022 | 1 |
| 2023 | 5 | |
| 2024 | 0 | |
| Kansas | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 1 | |
| Kentucky | 2022 | 5 |
| 2023 | 1 | |
| 2024 | 1 | |
| Louisiana | 2022 | 1 |
| 2023 | 3 | |
| 2024 | 1 | |
| Maine | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Maryland | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Massachusetts | 2022 | 2 |
| 2023 | 3 | |
| 2024 | 5 | |
| Michigan | 2022 | 1 |
| 2023 | 5 | |
| 2024 | 1 |
Source: Item 20 — **OUTLETS AND FRANCHISEE INFORMATION (FDD pages 89–108)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the total number of outlet transfers in Massachusetts for the years 2022 to 2024 was 10. In 2022, there were 2 transfers, followed by 3 transfers in 2023, and 5 transfers in 2024.
This data on transfers can be helpful for prospective franchisees as it provides insight into the stability and desirability of Remax franchises in Massachusetts. A higher number of transfers might indicate a more active market for buying and selling franchises, but it could also signal potential issues with franchisee profitability or satisfaction.
It's important to note that transfer numbers alone do not tell the whole story. A prospective franchisee should investigate the reasons behind these transfers, which could range from retirement to franchisees seeking other opportunities or facing financial difficulties. Understanding the context behind the transfers is crucial for making an informed decision about investing in a Remax franchise in Massachusetts.