---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-101408"
form_type: "8-K"
ticker: "RMAX"
cik: "0001581091"
company_name: "RE/MAX Holdings, Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:48:34.579273+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RE/MAX to take $55M pre-tax charge to settle class action commission lawsuits; reaffirms 2023 guidance

## Summary
- Agreed to pay $55M settlement to resolve Burnett (W.D. Mo.) and Moehrl (N.D. Ill.) class actions over agent commission rules.
- Settlement payments: 25% by Sep 29, 2023; 25% after preliminary court approval; 50% after final court approval; funded from available cash.
- RE/MAX also agreed to certain business practice changes; denies liability and continues to contest allegations.
- Q3 2023 guidance reaffirmed: revenue $78.5M-$83.5M, adj. EBITDA $23.5M-$26.5M, agent count 0%-1% YoY change.
- Full-year 2023 guidance reaffirmed: revenue $320M-$332M, adj. EBITDA $92M-$98M, agent count flat YoY.

## SEC filing metadata
- accession: 0001104659-23-101408
- form_type: 8-K
- ticker: RMAX
- cik: 0001581091
- company_name: RE/MAX Holdings, Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581091/000110465923101408/0001104659-23-101408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581091/000110465923101408/tm2326302d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-101408
- JSON: https://secwatch.observer/filing/0001104659-23-101408.json
- Plain text: https://secwatch.observer/filing/0001104659-23-101408.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.