What was the total number of Remax outlet transfers in Oklahoma during the years 2022-2024?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Oklahoma | 2022 | 0 |
| 2023 | 1 | |
| 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, there were a total of 2 outlet transfers in Oklahoma from 2022 to 2024. Specifically, there were 0 transfers in 2022, 1 transfer in 2023, and 1 transfer in 2024. This data is based on transfers of outlets from franchisees to new owners, excluding transfers to the franchisor.
Outlet transfers can provide insight into the stability and desirability of Remax franchises in a specific area. A low number of transfers might suggest that franchisees are generally satisfied with their businesses, or it could indicate a lack of market activity. Conversely, a high number of transfers could signal potential issues with profitability or franchisee satisfaction.
Prospective franchisees should investigate the reasons behind outlet transfers in their target market. Understanding whether transfers are due to retirement, relocation, or financial difficulties can help assess the risks and opportunities associated with investing in a Remax franchise in Oklahoma. It's also important to consider the overall number of Remax locations in Oklahoma when evaluating the transfer data, as a small number of transfers in a market with few locations may be more significant than the same number of transfers in a larger market.
While the FDD provides data on outlet transfers, it does not offer detailed explanations for each transfer. Therefore, it is advisable for potential franchisees to speak with current and former Remax franchisees in Oklahoma to gain a deeper understanding of the local market dynamics and the factors influencing franchise transfers.