What was the total number of Remax outlet transfers in Michigan 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 | |
| 202 |
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 Michigan for the years 2022 to 2024 was 7. This is based on the information provided in Item 20, which details outlet and franchisee information. Specifically, in 2022, there was 1 transfer, in 2023 there were 5 transfers, and in 2024 there was 1 transfer.
For a prospective Remax franchisee, this data indicates the level of franchise resales or changes in ownership within the Michigan market. A higher number of transfers could suggest a more active market for buying and selling existing franchises, while a lower number might indicate stability or fewer opportunities for acquiring an existing Remax franchise.
It is important to note that transfer numbers do not reflect the overall health or performance of Remax franchises in Michigan. Factors such as profitability, market conditions, and franchisee satisfaction can influence transfer activity. A prospective franchisee should investigate the reasons behind these transfers and assess the potential risks and opportunities associated with acquiring an existing Remax franchise in Michigan.