2006 Press Releases
RE/MAX FRANCHISE SALES AHEAD OF PACE AT MID-YEAR
Contact: Peter Gilmour 303-770-5531
(Greenwood Village, Colo., July 14, 2006) - Franchise sales for global real estate franchisor, RE/MAX International are slightly ahead of projections for 2006, marking another record first half year sales, and were 1.8 percent stronger than the same time period in 2005 according to statistics at the end of June.
A total of 451 new franchises had been sold by mid-year compared to 443 for 2005 which had set the previous record for first half of year sales and year end sales of 1,078. Strongest sales numbers from January through June were in Portugal with 24 followed by Turkey at 23. In the United States, the Carolinas region completed 21 sales, while Texas had 18. Both South Africa and Australia also sold 18 new franchises. California/Hawaii closed 17, and both the New York region and Central Atlantic (Virginia, Maryland, West Virginia and Washington D.C.) regions sold 16.
"RE/MAX also expanded into Finland, Hungary, Romania and Mozambique this year," said Peter Gilmour, RE/MAX senior vice president of international franchise sales and brokerage. "Expansion in European markets has been excellent for some time. During the first six months of this year, 239 sales in the United States reflect strong brand name awareness, an effective advertising program and a superb job by the marketing staff. Considering the cooling of the real estate market, we are very pleased to continue experiencing this wonderful growth. After three consecutive years of record franchise growth, we will be thrilled if 2006 can be our fourth."
