RE/MAX Reports Revenue Increase of 28 Percent In Q3 Earnings Report
The total agent count for the brand increased 4.6 percent to 140,936 agents
The total agent count for the brand increased 4.6 percent to 140,936 agents
Q3 revenue nearly doubles year-over-year, with a 70 percent gross profit increase
Agent count for the company was up 53 percent to 6,950 professionals
The second quarter report does show significantly lower losses than the $1 billion hit in Q1
Net income was down to $144 million, compared to $270 million in Q1 of this year
The company nearly doubled its market share year-over-year, expecting profitability in 2022
The brokerage brought in $392 million, with net income at $43.2 million
The online brokerage saw a 121 percent year-over-year increase
Even with a big top line, the company did see income slide quarter over quarter
The latest brokerage earnings report shows yet another blockbuster quarter with income and talent gains
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