Tag Archives: motto mortgage

RE/MAX’s Motto Mortgage bounces back with new offices

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After seeing its open office count shrink this year for the first time ever, RE/MAX’s mortgage franchisor brings new offices online in Arizona, South Carolina and Michigan. Continue reading →

RE/MAX’s Motto Mortgage office count is shrinking for first time

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Franchise sales have slowed, and some existing franchisees have canceled their agreements, but Motto Franchising President Ward Morrison expects growth to resume when lending picks up. Continue reading →

RE/MAX revenue drops for 7th consecutive quarter

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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’s Motto Mortgage out to re-up original franchise owners

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Most new franchisees signing up for Motto’s “mortgage brokerage-in-a-box” solution are real estate brokerages and teams that aren’t affiliated with RE/MAX. Continue reading →

RE/MAX’s Motto Mortgage makes Entrepreneur’s ‘Franchise 500’ list

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“Mortgage brokerage in a box” makes Entrepreneur’s list of top franchise opportunities for a 5th consecutive year, despite challenging conditions for mortgage lenders. Continue reading →

RE/MAX parent appoints former DISH Network exec as CEO

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Erik Carlson comes to RE/MAX in the wake of Adam Contos’ departure. He also joins the company at a tumultuous time for the real estate industry. Continue reading →

RE/MAX Holdings to lay off 7% of staff by end of September

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The layoffs are part of a reorganization plan that will streamline operations and bring cost savings in the long term, the real estate franchisor said in Securities and Exchange Commission filings. Continue reading →

RE/MAX’s Motto Mortgage aims for 1,000 offices nationwide

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Being named to Entrepreneur magazine’s 2023 Franchise 500 list puts some wind in the sails of the company’s long-term goals. Continue reading →

5 ‘unconventional’ loan options for almost every type of homebuyer

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Mortgage brokers — who can shop countless loan products from any wholesale lender they choose — have access to a variety of alternative home financing options. Continue reading →

RE/MAX revenue, US agent count, continue to drop in Q1

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Total revenue dropped 6.2 percent year over year and U.S. agent count fell 5.4 percent, according to earnings data released Thursday as the real estate brokerage continues to wrestle with a shifting market. Continue reading →