RE/MAX Franchise Opportunities - History

Dave and Gail Liniger’s dream became a reality in 1973 when they opened up the first RE/MAX location in Denver, Colorado. The company was founded on the premise of agents operating under a high commission concept and managing themselves, otherwise described as "real estate maximums," hence the name RE/MAX. The company began expanding almost immediately after opening and by 1978 had gone international with its first location in Canada. RE/MAX continued climbing up a steady growth ladder, reaching the 5,000-location mark in 1984, 10,000 in 1986, 25,000 in 1989, and 50,000 locations in 1998.

With cutting-edge technology such as the RE/MAX Mobile Suite, remax.com, the newly developed MyRU eLearning platform, and the RE/MAX Commercial website, the brand continues to advance and stay ahead of ongoing trends. Today RE/MAX is one of the largest international operating real estate agencies, with over 120,000 agents in 100 countries and territories and $11 billion of systemwide sales. RE/MAX is 100% franchised and around half of all offices are outside of the United States.

What Does A RE/MAX Franchise Cost?

Opening a RE/MAX real estate franchise office costs $40,000 - $230,500 in initial investment, including a franchise fee of $17,500 - $35,000 per location. The RE/MAX royalty percentage varies. Someone thinking of investing in a RE/MAX franchise should have at least $35,000 of cash or other liquid capital available.