Bottom line
- Total investment $45K – $266K including a $35K franchise fee, 1.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 64/100.
- System contracting at -9.4% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one RE/MAX unit return on the cash you put in?
Unlevered ROIC · per unit
77%
Above typical band (30–60%)
Overview
About
RE/MAX franchisees operate independent real estate brokerage offices recruiting and managing licensed agents who earn commissions on property sales. Franchisees pay 1% of gross commissions earned by their agents to RE/MAX while handling local marketing, agent recruitment, compliance, and office operations. Revenue depends entirely on transaction volume and agent productivity within their market.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
RE/MAX presents elevated risk due to declining franchisee count, industry antitrust exposure, undisclosed financial performance metrics, and unprotected territories—suitable only for experienced brokers with established agent networks and capital reserves.
Score breakdown · what drove the 64 / 100 rating
- 01MINORDeclining unit count (-6.6% YoY) signals market contraction and potential franchisee struggles
- 02MEDNo disclosed average revenue or net income (missing Item 19) prevents realistic ROI assessment and suggests poor system performance
- 03HIGHMajor antitrust litigation with $55M NAR settlement indicates structural pricing issues affecting franchisee competitiveness and potential future liability
- 04MINORUnprotected territory creates internal competition and recruitment conflicts within the same franchise system
- 05MEDLow royalty rate (1%) masks potential hidden costs; commission-based model vulnerable to market downturns and agent attrition
- 06HIGHDisputed non-renewal and agent recruitment litigation indicates franchisee-franchisor relationship tensions and contract enforcement issues
- 07MINORHigh investment ceiling ($265,500) with low initial franchise fee ($35,000) suggests significant additional startup capital required before profitability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
89 numbers
One-time purchase · CSV download · Validation questions included
FDD download
RE/MAX · FDD (2025) PDF