RE/MAX Holdings’ total revenue decreased 8.9 percent year over year to $81.3 million during the fourth quarter due to diminished broker fee revenue, a 1.9 percent drop in its North American agent count and costs related to increased recruiting incentives. However, the franchisor remains bullish.
Source: Inman News
A volatile housing market slices at RE/MAX’s Q4 revenues, profits
Published in Brokerage, Nick Bailey, re/max, re/max earnings, RE/MAX Q4 earnings and Select
More from BrokerageMore posts in Brokerage »
- The death of old-school SEO, and what it means for real estate
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- Lesson Learned: Luxury isn’t price, it’s experience
- 7 AI tips for real estate agents from a tech insider
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
More from Nick BaileyMore posts in Nick Bailey »
- RE/MAX Canada president steps down amid leadership turnover
- RE/MAX President Amy Lessinger announces resignation
- Industry vet Nick Bailey joins T3 Sixty as chief real estate officer
- RE/MAX announces more changes in its C-suite offices as COO resigns
- Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford
More from re/maxMore posts in re/max »
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- A mega-team goes indie, and other big-time real estate moves
- When it comes to condo vs. townhome value, location matters
- 3 keys to creating a 5-star client experience in a challenging market
- Drunken gunman, new legal filing, Roseanne Barr: Inman’s Top 5
More from re/max earningsMore posts in re/max earnings »
- Tech, scale and strategy fuel Q1 wins across real estate
- RE/MAX meets expectations in Q1 but forecasts turbulence ahead
- Rentals, tech and efficiency drive real estate’s Q4 earnings
- RE/MAX turns $5.8M profit in Q4 despite 10th straight revenue dip
- RE/MAX revenue declined 3.4%, US agents continue to depart in Q3
More from RE/MAX Q4 earningsMore posts in RE/MAX Q4 earnings »
More from SelectMore posts in Select »
- The death of old-school SEO, and what it means for real estate
- Credit bureaus slam plan to cut them out of FICO score pricing
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- Cloze’s MAIA is smart, task-driven and enterprise-ready: Tech Review
- Lesson Learned: Luxury isn’t price, it’s experience
Be First to Comment