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Re/Max Raises Dues for Agents, and Franchisees

April 7, 2014 By admin

Move bolsters the franchisor’s 2 largest revenue streams

REMAX_Logo-300x90On Jan. 1, Re/Max increased the annual dues its agents in the U.S. and Canada pay to affiliate with the brand and the monthly per-agent fees affiliated brokerages in U.S. company-owned master franchise regions pay the franchisor.
After holding steady at $390 for 2011 through 2013, Re/Max agents in the U.S. and Canada now pay $400 in annual membership dues, according to Re/Max’s first annual financial statement as a public company. Re/Max’s agents in the two countries numbered 73,413 as of Dec. 31, 2013, approximately 79 percent of the franchisor’s global total.

In addition, Re/Max-affiliated brokerages in the U.S. master franchise regions the brand owns — which cover 26 states and Washington, D.C. — now pay approximately $123 per month per agent in their region, $3 more than they did in 2011, 2012 and 2013.

Re/Max continues to make a push to reacquire its independent master franchise regions in the U.S. and Canada, because it generates so much more revenue as the owner.

Re/Max’s average annual per-agent revenue in company-owned North American regions in 2013 was $2,404 compared with an annual per-agent revenue of $828 in independent regions.

Read more….

Other related Articles: Re/Max Revenues Up 11 Percent in 2013

Filed Under: Featured, Franchising in Maine, Maine Franchise Owners Tagged With: Franchise, franchised business, legal, Maine Franchise Owner, Maine Franchise Owners, Real Estate Franchise

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mainefoa Maine Franchise Owners @mainefoa ·
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Senator Cortez Masto (NV) Sends Letter to FTC Concerning Covid-19 Issues http://mainefranchiseowners.org/senator-cortez-masto-nv-sends-letter-to-ftc-concerning-covid-19-issues/

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fairfranchising Fair Franchising Initiative @fairfranchising ·
21 Mar 2020

Hotel Small Business owner's first priority is their Millions of Great employees and their families. Small Business Hotel Owners want to help the federal government in efforts to fight Covid-19 @SpeakerPelosi @senatemajldr @SenSchumer

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mainefoa Maine Franchise Owners @mainefoa ·
1 Mar 2020

Our Government Protects All Consumers… Except Franchisees! - American Association of Franchisees & Dealers https://www.aafd.org/our-government-protects-all-consumers-except-franchisees/

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mainefoa Maine Franchise Owners @mainefoa ·
1 Mar 2020

Registration is now open for 2020 CFA Registration is now open for 2020 CFA Day! Join us in DC on May 20 for an important day on the Hill. http://www.magnetmail.net/actions/email_mobile_web_version.cfm?recipient_id=743713135&message_id=18213463&user_id=NFA_&jobid=47068265

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mainefoa Maine Franchise Owners @mainefoa ·
1 Mar 2020

This is a perfect example of the type of legislation needed in Maine to protect local franchise owners.

Keith R Miller @FranchiseeAdvoc

Thank you Rep. Chris Mattos and the 9 bipartisan additional sponsors for introducing Vermont H.890, a comprehensive fair franchising bill. https://www.linkedin.com/posts/keith-miller-a42a5853_draft-bill-template-activity-6638858502699831296-4bNC

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