As RE/MAX released its Q4 and year-end earnings results for 2021, Nick Bailey, President and CEO of RE/MAX, LLC, joined Cheddar News to unpack the outstanding results, discuss the housing market and share the future of growth for the leading brand in real estate.
Watch the news segment below:
In 2021, agent count at RE/MAX grew by 3.1% and nearly reached 142,000. Bailey credits global expansion and strategic moves – like the acquisition of the RE/MAX INTEGRA North American regions – as key catalysts.
“We hit some new records and exceeded expectations, and those were driven primarily by two things. One was the organic growth of our core operations, and the second was outperformance by the largest acquisition in our 49-year history,” Bailey told host Azia Celestino.
RE/MAX growth, according to Bailey, is inevitable. A leading factor is the brand’s customizable business model that empowers affiliates to build business their own way.
“We do expect to see continued growth,” Bailey said. “We look at our Canada operation that has exceeded 24,000 agents and carries No. 1 market share throughout the country. They were growing by 10% this last year.”
Recommended For You
Get RE/MAX News delivered to your inbox! Sign up for News Alerts in the footer below.
Written by RE/MAX News
