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RE/MAX Holdings, Inc. (RMAX) Q3 2025 Earnings Call October 31, 2025 8:30 AM EDT Company Participants Joe Schwartz W. Carlson - CEO & Director Karri Callahan - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Chase & Co, Research Division Nick McAndrew - Zelman & Associates LLC Matthew Erdner - JonesTrading Institutional Services, LLC, Research Division Thomas Mcjoynt-Griffith - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Good morning, and welcome to the RE/MAX Holdings Third Quarter 2025 Earnings Conference Call and Webcast.
Although the revenue and EPS for RE/MAX (RMAX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
| Diversified Consumer Services Industry | Consumer Discretionary Sector | W. Erik Carlson CEO | NYSE Exchange | 75524W108 CUSIP |
| US Country | 536 Employees | 29 Aug 2023 Last Dividend | - Last Split | 2 Oct 2013 IPO Date |
RE/MAX Holdings, Inc. is a powerhouse in real estate, known for its franchising model that spans across the United States, Canada, and various international markets. The company has carved a niche for itself by providing an array of services through its Real Estate, Mortgage, and Marketing Funds segments. Since its inception in 1973, RE/MAX has grown into a global entity, with its corporate headquarters situated in Denver, Colorado. Its success is built on offering high-quality real estate brokerage franchising services under the renowned RE/MAX brand, augmenting its portfolio with mortgage brokerage services under Motto Mortgage, and further extending its technological capabilities with offerings like wemlo for mortgage loan processing. The company's dedication to innovation and support for its agents and franchises is evident through the development of platforms like kvCORE and RE/MAX University, which focus on educating and equipping professionals with the tools they need to excel in today's competitive real estate market.
This flagship service allows entrepreneurs to open their own RE/MAX franchise, providing them the opportunity to operate under one of the most recognized names in real estate. The franchising service includes access to the brand's extensive network, marketing tools, and support systems designed to help franchises thrive.
Through the Motto Mortgage brand, RE/MAX offers innovative mortgage brokerage services, enabling real estate brokers, professionals, and investors to provide comprehensive financial services. This integration of mortgage services within the real estate transaction streamlines the process for buyers, enhancing the overall customer experience.
wemlo is an advanced technological solution for mortgage loan processing, offering both software and services to enhance efficiency. Aimed at mortgage professionals, this platform streamlines the loan approval process, ensuring swift and accurate processing for clients.
A comprehensive digital suite, kvCORE is designed to support the end-to-end needs of agents, brokers, and real estate teams. This platform integrates various digital products to help real estate professionals manage client relationships effectively, from lead generation to closing, thereby fostering business growth.
As a learning hub, RE/MAX University is integral to maintaining the brand's reputation for professional excellence. It provides agents with continuous education, tools, and resources to develop their skills and knowledge, ensuring that RE/MAX agents remain at the forefront of the real estate industry.