---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-025446"
form_type: "8-K"
ticker: "RMAX"
cik: "0001581091"
company_name: "RE/MAX Holdings, Inc."
filed_at: "2022-07-07T23:59:59+00:00"
generated_at: "2026-06-24T19:38:53.757299+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RE/MAX Holdings cuts 17% of workforce, launches team pilot, invests in mortgage

## Summary
- Workforce reduction of ~120 employees (17% of headcount) by end of 2022; pre-tax charge $5.75M-$6.75M in Q3 2022.
- Agreement with InsideRE for kvCORE platform to replace booj; booj products expected to sunset mid-2023.
- RE/MAX launches one-year pilot program for agent teams in CA, FL, MD, NJ, TX with reduced fees starting Aug 1, 2022.
- Mortgage segment increases sales/marketing investment; Motto mandates wemlo processing; goal of $100M annual revenue.
- Operating metrics: total agent count 143,939 (+2.7% YoY); Motto franchises 200 (+22% YoY).

## SEC filing metadata
- accession: 0001564590-22-025446
- form_type: 8-K
- ticker: RMAX
- cik: 0001581091
- company_name: RE/MAX Holdings, Inc.
- filed_at: 2022-07-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581091/000156459022025446/0001564590-22-025446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581091/000156459022025446/rmax-8k_20220705.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-025446
- JSON: https://secwatch.observer/filing/0001564590-22-025446.json
- Plain text: https://secwatch.observer/filing/0001564590-22-025446.txt

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