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Franchise News - Article
25.03.2009
Re/Max named top real estate franchise system
Re/Max, a network of real estate agencies, has once again been named the leading real estate franchise business according to Entrepreneur Magazine’s 30th Annual “Franchise 500 Survey”. The company has announced that it has also been named the top real estate franchise in two other survey categories, namely Best Low-Cost Franchise and Top Global Franchise.
According to the information given, all companies in the rankings are evaluated by financial strength and stability, size, growth rate, start-up costs and financing options. These and other factors are entered into the Franchise 500 formula, with each eligible company receiving a cumulative score. Entrepreneur Magazine’s “Franchise 500 Survey” is the most comprehensive franchise ranking in the world and has, over the years, become the most accurate formula for identifying today’s top franchises.
“We have so much to offer our franchise owners, from a fundamentally sound business model with excellent education resources, to global brand recognition. So, we’re honored, but not surprised to find ourselves on the top of this list each year,” said Margaret Kelly, CEO of RE/MAX International. “We’ve enjoyed decades of growth and success and this ranking is recognition of the viability of the RE/MAX Network.”
Founded in the USA in 1973, Re/Max has, it says, become the world’s largest real estate network. It sold over 700 franchises worldwide in 2008 and now has nearly 7,000 offices in more than 70 countries and territories. (kbp)
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