Impact of NAR’s commission rule change illuminated in Q3 earnings

In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading

RE/MAX revenue declined 3.4%, US agents continue to depart in Q3

A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year. Continue reading

‘Vote, it is so important’: Incoming 2025 LGBTQ+ Alliance President

In the midst of the LGBTQ+ Alliance’s third annual in-person conference, incoming 2025 President Justin “JZ” Ziegler talked with Inman about the anti-LGBTQ+ political climate, the organization’s future and how to become an ally. Continue reading

Industry vet Nick Bailey joins T3 Sixty as chief real estate officer

The announcement comes about six months after Bailey was replaced as RE/MAX president by Amy Lessinger. At T3 Sixty, he will focus on business development, consulting and representing the firm at industry events. Continue reading

Interest rate waiting game: Should buyers purchase now or wait it out?

Is it better to buy now or wait it out in today’s housing market? RE/MAX President Amy Lessinger lays out the factors that can help you help buyer clients decide. Continue reading

RE/MAX revenue drops for 7th consecutive quarter

Total revenue declined by 8.3 percent year over year to $78.3 million during the first quarter of 2024, which still bested analysts’ expectations for revenue to fall by 9.5 percent. Continue reading

RE/MAX President: ‘It’s time to take back our No. 1 market share’

In her first keynote as RE/MAX president, Amy Lessinger addressed market headwinds, buyer-broker commissions, homebuyer agreements and plans to revive the franchisor’s U.S. operations. Continue reading

RE/MAX CEO Nick Bailey exits as company revenue falls again in Q4

RE/MAX announced it was making changes to its executive team after revenue fell for a sixth consecutive quarter to end 2023. Amy Lessinger will succeed Bailey as president. Continue reading

RE/MAX enlists SUCCESS Coaching exec to lead West Coast operations

SUCCESS Coaching executive Ben Fairfield has joined RE/MAX as vice president of region development for the West Coast, overseeing franchise growth across 15 states. Continue reading