News
RMAX
7.05
-0.56%
-0.04
Real estate commission antitrust settlements face legal objections
Atlanta-based homebuilder PulteGroup PHM.N asks judge to approve $208 million in real estate commission antitrust settlements face legal objections. Brokerages accused of conspiring to keep real estate commissions artificially high. The settlement would resolve antitrust claims against brokerages RE/MAX, Keller Williams.
Reuters · 2d ago
Weekly Report: what happened at RMAX last week (0408-0412)?
Weekly Report · 2d ago
Q4 Earnings Outperformers: RE/MAX (NYSE:RMAX) And The Rest Of The Real Estate Services Stocks
The 12 real estate services stocks we track reported a weaker Q4. Revenues beat analyst consensus estimates by 1.9%, but revenue guidance was 20.9% below consensus. JLL had the best Q4, while Anywhere Real Estate had the weakest. Real estate services companies have had a rough quarter.
Barchart · 6d ago
Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors
Annual Consumer Price Index inflation rate surges to 3.5% in March 2024, surpassing expectations for 3.4%. Core inflation, which excludes energy and food, also exceeded expectations. Investors revise down their expectations for imminent Fed rate cuts. Regional banks and solar stocks fell the most. No sectors managed to escape daily losses.
Benzinga · 04/10 17:11
Property stocks drop as hot inflation data weigh on rate-cut bets
Real estate and mortgage-linked stocks drop as hot inflation data weigh on rate-cut bets. Hot inflation data spurred markets to price in delayed interest-rate cuts by the Federal Reserve. The March CPI report showed continued strength in rents. Homebuilders were among the biggest losers in Wednesday's late morning trading.
Seeking Alpha · 04/10 15:36
RE/MAX Holdings Is Maintained at Underweight by Morgan Stanley
Dow Jones · 04/10 12:28
RE/MAX Holdings Price Target Cut to $7.00/Share From $9.00 by Morgan Stanley
Dow Jones · 04/10 12:28
Morgan Stanley Maintains Underweight on RE/MAX Hldgs, Lowers Price Target to $7
Benzinga · 04/10 12:17
Why RE/MAX (RMAX) Stock Is Trading Lower Today
Shares of real estate franchise company RE/MAX fell 10.5% in the morning session after inflation report. The inflation print is adding to fears that the Fed could delay rate cut plans in 2024. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. StockStory is offering a special report on a profitable, fast-growing enterprise software stock.
Barchart · 04/10 11:36
Re/Max Holdings Sell Rating: Commission Pressures and Financial Headwinds Ahead
TipRanks · 04/10 10:25
RE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2024 RESULTS ON MAY 2, 2024
RE/MAX Holdings, Inc. Will release financial results for the quarter ended March 31, 2024, after market close on May 2, 2024. The company will host a conference call and webcast for interested parties on May 3, 2024 at 8:30 a.m. Eastern Time. RE/MAX is one of the world's leading franchisors of real estate services.
PR Newswire · 04/09 12:35
Weekly Report: what happened at RMAX last week (0401-0405)?
Weekly Report · 04/08 09:00
Housing affordability would’ve waned even without Fed tightening, study shows
Study: Housing affordability would have worsened even without Fed rate hikes in 2022 and 2023. The Federal Reserve Bank of Dallas says house prices would have risen more if interest rates weren't hiked. The housing affordability index has dropped nearly 30% since March 2022. The average homeowner has been largely unaffected by current mortgage rates.
Seeking Alpha · 04/06 20:17
Financial Sector Update for 04/05/2024: BLK, COIN, JPM, ZG, RMAX
NASDAQ · 04/05 19:55
DOJ can reopen antitrust probe into NAR, appeals court rules
DOJ can reopen antitrust probe into the National Association of Realtors, appeals court rules. The ruling prohibits the real estate trade group from enforcing a 2020 settlement to close the case. The NAR agreed in March to a $418M settlement to resolve claims of collusion in the industry.
Seeking Alpha · 04/05 19:20
'Unstoppable' RE/MAX Agents Outperform Competitors 2:1 for 16th Consecutive Year
According to the 2024 RealTrends Verified Rankings of Large Brokerages, RE/MAX Agents Averaged Twice as Many Transaction Sides as Competing Agents in 2023. This marks the 16th year in a row that RE/ MAX agents have outperformed competitors 2-to-1. Of the 1,367 participating brokerages in the survey, 23% were RE/max brokerages.
PR Newswire · 04/04 12:37
Real Estate Commissions Are Going to Fall. These Stocks Can Weather the Storm.
National Association of Realtors agreed to pay $418 million to settle class-action lawsuits over commissions. The way buyer's broker commissions are paid is set to change this summer. Shares of home-listing companies and real estate brokerages have slumped in anticipation of lower commissions. Analysts say the fears are overblown. Home prices are expected to rise modestly in 2024.
Barron‘s · 04/03 05:00
Sachem Capital, RE/MAX, Douglas Elliman in real estate losers
Sachem Capital, RE/MAX, Douglas Elliman in real estate losers. S&P 500 Real Estate Sector -1.49% to 244.47. Sachem Capital -17% after mixed results. Wetouch Technology -7% after 2023 revenue announcement.
Seeking Alpha · 04/01 16:00
Weekly Report: what happened at RMAX last week (0325-0329)?
Weekly Report · 04/01 09:00
Annual RE/MAX R4 Convention Sets the Stage for Continued Innovation and Growth
RE/MAX concludes its international convention for agents and franchise owners in Las Vegas, Nevada. The three-day event featured world-class education, global networking, and entertainment. Nearly 5,000 attendees from 60 countries attended the convention. Ellen DeGeneres was the keynote speaker at the event.
PR Newswire · 03/28 20:31
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About RMAX
RE/MAX Holdings, Inc. is a franchisor in the real estate industry. The Company is engaged in franchising real estate brokerages globally under the RE/MAX brand, and mortgage brokerages within the United States under the Motto Mortgage (Motto) brand. The Company operates through three segments: Real Estate, Mortgage and Marketing Funds. The Real Estate segment comprises the operations of the Company’s owned and independent global franchising operations under the RE/MAX brand, along with corporate-wide shared services expenses. The Mortgage segment comprises the operations of the Company’s mortgage brokerage franchising operations under the Motto brand and mortgage loan processing services under the wemlo brand. The Marketing Funds segment comprises the operations of the Company’s marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The Company operates in more than 110 countries and territories.