How Much Do Re Max franchise owners make?

How Much Do Re Max franchise owners make?

RE/MAX Franchise Owners earn $50,000 annually, or $24 per hour, which is 18% lower than the national average for all Franchise Owners at $60,000 annually and 28% lower than the national salary average for ​all working Americans.

Is ReMax franchise profitable?

Over 100 Motto franchises sold and almost 70 Motto franchises opened since inception. Revenue increased 11.8% to $54.9 million. Net income attributable to RE/MAX Holdings, Inc.

How much does a Max franchise cost?

The cost of setting up a store is anywhere between Rs 80 lakh to Rs 1 Cr. And one can easily get revenue of 20 per cent return (IRR). ‘Easybuy’ is again a mono-brand and is priced 25 per cent below retail prices of MAX. The area of the store is 5,000 sqft only.

Is ReMax a franchise company?

RE/MAX Franchise Opportunities – History 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. RE/MAX is 100% franchised and around half of all offices are outside of the United States.

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How much does it cost to buy a real estate franchise?

Getting started with a franchise can be expensive. In some cases, the fees are under $10,000 to start, but they can also be well over $25,000 depending on the franchise. Most franchise agreements are for a set term that usually starts at five years.

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$5,000 for an associate franchise, $15,000 for a full franchise. $15,000 for an associate franchise, $20,000 for a full franchise….HomeVestors of America Franchise Costs & Fees.