Highest-materiality recent filing
Q1 revenue $70.2M, down 5.7% YoY; net loss $9.7M vs $2.0M loss prior year.
RE/MAX shareholders elect 5.150 new shares or $13.80/sh cash; total cash prorated to $60M-$80M.
Real to acquire RE/MAX Holdings for ~$880M enterprise value, forming Real REMAX Group
Real (REAX) to acquire RE/MAX Holdings (RMAX) at enterprise value of ~$880M; combined entity named Real REMAX Group.
RE/MAX subsidiary settles remaining class action claims for $8.5 million
REMAX, LLC agrees to pay $8.5M to settle claims in Batton class action (No. 1:21-cv-00430).
RE/MAX Q4 revenue $71.1M (-1.8%), net income $1.4M, adj. EBITDA $22.4M, agent count up 1.4%
Total revenue $71.1M, down 1.8% YoY; net income $1.4M ($0.07 diluted EPS) vs $5.8M ($0.29) prior year.
RE/MAX promotes Chris Lim to President and Chief Growth Officer; adds two sales leaders
Chris Lim, age 55, promoted to President and Chief Growth Officer of RE/MAX, LLC; effective Feb 17, 2026.
Director Christine Riordan resigns from RE/MAX Board effective Feb 10, 2026
Dr. Christine Riordan resigned from the Board on February 10, 2026, effective immediately.
RE/MAX Q3 revenue down 6.7% to $73.3M; adjusted EBITDA $25.8M, US agent count down 5.1%
Net income $4.0M ($0.19 diluted EPS) vs $1.0M ($0.05) YoY; adjusted EPS $0.37 vs $0.38.
RE/MAX extends revolving credit facility maturity to April 2028
Maturity of the revolving facility extended from June 21, 2026 to April 21, 2028.
GAAP diluted EPS $0.23 vs $0.19; adjusted diluted EPS $0.39 vs $0.41; net income $4.7M.
RE/MAX Holdings CIO W. Grady Ligon to depart Sept 1, 2025; separation agreement signed
CIO W. Grady Ligon's last day expected September 1, 2025; departure not due to disagreement.
Shareholders approved amendment to 2023 Omnibus Incentive Plan, increasing authorized shares by 2.8M to 5,611,051 (18.6M for, 9.4M against).
RE/MAX Q1 2025: Revenue down 4.9% to $74.5M, Adjusted EBITDA up 1.5% to $19.3M
Net loss $2.0M ($0.10 diluted GAAP EPS); Adjusted EPS $0.24 vs $0.20 prior year.
Motto Mortgage & wemlo CEO Ward Morrison to retire June 15, 2025; interim leader named
Ward Morrison, President & CEO of Motto Mortgage and wemlo, announced retirement effective June 15, 2025.
RE/MAX Q4 revenue $72.5M (-5.4% YoY); US/Canada agent count down 4.8%
Net income of $5.8M, diluted EPS $0.29 (vs loss per share of $0.60 a year ago). Adjusted EPS $0.30.
RE/MAX President Amy Lessinger resigns; US agent count down 7% YoY
Amy Lessinger resigns as President of RE/MAX, LLC effective January 17, 2025; search underway.
RE/MAX Q3 revenue $78.5M (-3.4% YoY); adj EBITDA up 2.0% to $27.3M; FY guidance raised
Net income $1.0M (GAAP EPS $0.05) vs net loss $59.5M in Q3 2023; adjusted EPS $0.38 vs $0.40.
RE/MAX Q2 net income $3.7M; revenue down 4.8% to $78.5M; Adjusted EBITDA up 5.4%
Net income $3.7M ($0.19 diluted EPS); Adjusted EBITDA $28.1M, +5.4% YoY; Adj. EPS $0.41.
RE/MAX COO Serene Smith transitions to part-time Project Manager; Rob Fuchs named EVP HR
Serene Smith steps down as COO effective June 3, 2024; new part-time role as Project Manager at $130K salary.
RE/MAX shareholders elect directors, approve executive compensation, ratify Ernst & Young as auditor
Erik Carlson, Kathleen Cunningham, Dr. Christine Riordan elected as Class II directors with ~25.5M votes for each.
RE/MAX receives final court approval of $55M antitrust class action settlement
District Court granted final approval of RE/MAX's $55M settlement in antitrust class actions (Burnett, Moehrl, Nosalek).
RE/MAX Q1 revenue down 8.3% to $78.3M; GAAP EPS loss $0.18, agent count declines
Total revenue $78.3M, down 8.3% YoY; GAAP diluted EPS loss $0.18.
RE/MAX board member Laura Kelly passes away; replacement not named
Laura Kelly, board member since 2020, passed away on March 15, 2024.
Former RE/MAX CEO Nick Bailey's employment formally ended March 12, 2024
Nick Bailey's employment as President and CEO of RE/MAX, LLC ended effective March 12, 2024.
RE/MAX Q4 loss widens to $10.9M; Amy Lessinger promoted to President after Bailey exit
Q4 revenue $76.6M (-5.7% YoY); net loss $10.9M ($0.60 diluted loss); adjusted EBITDA $23.0M (-13.4%).
RE/MAX obtains preliminary approval of $55M antitrust class action settlement
Court granted preliminary approval for settlement in Burnett, Moehrl, and Nosalek lawsuits.
RE/MAX appoints former DISH CEO Erik Carlson as new CEO; board member
Erik Carlson named CEO and board member effective Nov 13, 2023; replaces interim CEO Stephen Joyce.
RE/MAX reports Total Leverage Ratio of 7.0:1 as of Sept 30, 2023, restricting dividends and buybacks
TLR of 7.0:1 based on consolidated EBITDA of $49.1M for trailing twelve months.
RE/MAX Q3 revenue falls 8.7% to $81.2M, net loss of $59.5M; suspends dividend
GAAP loss per share $3.28 vs income $0.01 a year ago; adjusted EPS $0.40 vs $0.56.
RE/MAX settles class-action commission lawsuits; to pay $55M and change business practices
RE/MAX LLC to pay $55M to settle nationwide class actions over real estate commission practices, subject to court approval.
Agreed to pay $55M settlement to resolve Burnett (W.D. Mo.) and Moehrl (N.D. Ill.) class actions over agent commission rules.
RE/MAX Holdings grants performance-based RSUs to new CAO Leah Jenkins
Target of 2,324 RSUs granted to CAO Leah Jenkins on September 7, 2023.
RE/MAX extends interim CEO Stephen Joyce; amended deal adds $100k monthly RSU grants
Amended agreement extends Joyce's interim CEO role beyond Aug 31, 2023 until a permanent CEO is appointed.
RE/MAX reduces workforce 7%, estimates $2.75-3.25M charge; reaffirms Q3/FY23 guidance
Workforce reduced by ~7%; affected employees notified Aug 18; expected complete by Sep 30, 2023.
RE/MAX Q2 revenue down 10.6% to $82.4M; adjusted EBITDA falls 24.2%
Net income $2.0M ($0.11 GAAP EPS) vs $5.8M ($0.30) a year ago; adjusted EPS $0.40 vs $0.68.
Gail Liniger retires from RE/MAX board; named Vice Chair Emerita; Norman Jenkins elected director
Co-founder Gail Liniger retired as Vice Chair effective May 25, 2023, appointed Vice Chair Emerita with initial term through 2024 annual meeting.
RE/MAX Q1 revenue $85.4M (-6.2% YoY), net loss $0.7M, Adjusted EBITDA $19.9M (-28.6%)
Total revenue $85.4M, down 6.2% YoY; revenue ex-Marketing Funds $64.1M, down 6.0%.
RE/MAX Holdings dismisses KPMG as auditor, engages Ernst & Young for FY2023
Audit Committee conducted competitive process; dismissed KPMG, its auditor since 2003.
RE/MAX Holdings corrects Q4 and FY2022 results, reducing tax expense by $1.3M
Overstated income tax expense by $1.3M due to foreign tax credit carryforwards; net income (loss) and EPS adjusted accordingly.
RE/MAX Q4 revenue down 8.9% to $81.3M; net loss $2.6M; guidance below 2022 levels
Q4 total revenue $81.3M (down 8.9% YoY); net loss $2.6M vs net income $3.1M in Q4 2021.
RE/MAX appoints Katie Scherping to board; Joe DeSplinter retires
Katherine Scherping appointed Class I director, effective Dec 6, 2022, term expiring at 2023 Annual Meeting.
RE/MAX Q3 rev $88.9M (-2.3%), Adj EBITDA $31.5M (-9.5%), cuts FY22 guidance; CEO term extended
Q3 revenue $88.9M (-2.3% YoY); revenue ex-Marketing Funds $66.2M (-2.2%); agent count up 2.4% to 144,300.
RE/MAX director Joe DeSplinter to retire before 2023 annual meeting
Joe DeSplinter informed the Board on Sept 6, 2022 of his intent to retire before his term ends at the 2023 annual meeting.
RE/MAX Q2 revenue $92.2M (+19.3%), cuts FY2022 Adj EBITDA guidance to $123-128M
GAAP diluted EPS $0.30 vs $0.28 prior year; Adjusted diluted EPS $0.68 vs $0.64.
RE/MAX Holdings cuts 17% of workforce, launches team pilot, invests in mortgage
Workforce reduction of ~120 employees (17% of headcount) by end of 2022; pre-tax charge $5.75M-$6.75M in Q3 2022.
RE/MAX corrects RSU count for new CAO Grosshans to 2,611 target
Amendment corrects typo in earlier 8-K: performance-based RSU award target is 2,611 (not a different amount).
RE/MAX grants new CAO Adam Grosshans performance RSUs and time-based RSUs
Compensation Committee granted Grosshans 2,689 target performance-based RSUs with 0-200% payout based on revenue target for 2022-2024.
RE/MAX shareholders elect four Class III directors, ratify KPMG as auditor
Stephen Joyce, David Liniger, Annita Menogan, and Teresa Van De Bogart elected as Class III directors.
RE/MAX appoints Adam Grosshans as VP and Chief Accounting Officer effective May 13, 2022
Adam Grosshans, 44, appointed as Vice President and Chief Accounting Officer effective May 13, 2022.
RE/MAX Q1 revenue $91M (+25.9% YoY), Adj EBITDA $27.9M (+20.5%); guides Q2 rev $91-94M
Revenue $91.0M (+25.9% YoY); organic growth 10.5%; Net income $1.5M, GAAP EPS $0.08
On June 17, 2025, RE/MAX Holdings, Inc. (the “Company”) announced that W. Grady Ligon, the Company’s Chief Information Officer, will be leaving the Company to pursue other opportunities closer to his home.
On March 25, 2025, Ward Morrison, President and CEO of Motto Mortgage and wemlo, subsidiaries of RE/MAX Holdings, Inc. (the “Company”), informed the Company of his intention to retire, effective June 15, 2025.
Adam Sartin, Vice President, Franchise Growth and Development, will lead the Motto Mortgage and wemlo brands while the Company continues its search for the next leader of Motto Mortgage and wemlo.
On January 3, 2025, Amy Lessinger, President of RE/MAX, LLC, a subsidiary of RE/MAX Holdings, Inc. (the “Company”), informed the Company of her resignation from her position, effective January 17, 2025.
On August 7, 2024, the Board appointed Cathleen Raffaeli to fill the vacancy that will be created by Ms. Cunningham’s retirement.
Kathleen Cunningham informed the Company that she would retire from the Company’s Board of Directors (the “Board”), effective August 19, 2024.
Effective June 3, 2024, Serene Smith, who served as Chief of Staff and Chief Operating Officer for RE/MAX Holdings, Inc. (the “Company”) and the Company’s principal operating officer, transitioned into a non-executive part-time role with the Company.
Laura Kelly passed away on March 15, 2024.
Mr. Bailey has been in a transitional role and his employment formally ended effective March 12, 2024.
Ms. Lessinger succeeds Nick Bailey, President and CEO of RE/MAX, who is leaving RE/MAX and the Company.
On February 22, 2024, Amy Lessinger was promoted to President of RE/MAX, LLC, a subsidiary of the Company (“RE/MAX”).
On November 7, 2023, the Board of Directors of RE/MAX Holdings, Inc. (the “Company”) appointed Erik Carlson as the Company’s Chief Executive Officer, effective November 13, 2023
Max materiality 0.85 · Median 0.62 · Most common event earnings