Record Agent Count
RE/MAX achieved an all-time high in total agent count, surpassing 147,500 agents worldwide. The U.S. agent count had its best third quarter performance in three years.
Innovative Marketing Platform
The newly launched AI-powered Marketing as a Service platform is seeing promising engagement, with a 7-figure annual run rate and plans to expand internationally.
New Leadership Appointments
Vic Lombardo joined as President of Mortgage Services, and Tom Flanagan as Chief Digital Information Officer, both bringing innovative strategies to their respective divisions.
Improved Financial Metrics
Adjusted EBITDA margin increased by 40 basis points to 35.2%, with total leverage ratio decreasing to 3.41x, offering more capital allocation flexibility.
Positive Franchise Sales Momentum
Robust franchise sales and conversion pipeline, with significant market share gains, such as in Hawaii where RE/MAX is now #2.