RE/MAX ranks No. 1 amongst all Real Estate Franchises and No. 7 amongst all global franchises according to credible survey done by the Entrepreneur Magazine.
Recently, news came from across the Pacific Ocean last week that RE/MAX has been ranked # 1 amongst Real Estate Franchises by the Entrepreneurs magazine’s 29th Annual Franchise 500 survey. The closest competitor, ERA, ranked as far back as No 43.
The Entrepreneur Magazine is a leading business publication with a captured readership of 2.39 million readers per month carries out stories about entrepreneurialism, small business management, and business opportunities, whereas its website www.entrpreneur.com, reaches 6 million unique visitors per month.
This is not the first time RE/MAX has ranked well in this survey, ranking No.1 for the eighth time in the past nine years. Additionally, RE/MAX tops all real estate competitors at No. 7 on the Global Franchises List and No. 10 amongst Fastest Growing Franchises.
“We are very delighted to feature in the annual study by Entrepreneur Magazine, the study is a good guideline for our local consumers to understand the strength of the RE/MAX Brand on an International Level” claimed Kevin Buttigieg, Regional Director of RE/MAX Malta.
All the companies in the ranking, regardless of size, are judged by the same criteria, the most important being financial strength and stability, size and growth rate. Also considered; objective, number of years in business, length of time franchising, start up costs, litigation, percentage of terminations and financing options. All Financial data is audited by an Independent CPA.
The factors are plugged into a Franchise 500 Formula, with each eligible company receiving a cumulative score. It is also important to note that the Franchise 500 ® is not intended to endorse, advertise or recommend any particular franchises.
The Magazine also publishes a “Hot 100” list of the fastest growing companies in the US partnering PricewaterhouseCoopers.
For further information www.entrepreneur.com
