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
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