select
|

RE/MAX rings in its successful initial public offering on the NYSE

Executives and guests of RE/MAX Holdings, one of the world’s leading franchisors of real estate brokerage services, will visit the New York Stock Exchange (NYSE) today to celebrate the company’s recent initial public offering.

The company’s stock began trading on the NYSE on October 2, 2013 under the ticker symbol “RMAX” and the share price has grown by over 35% since then, which is an amazing achievement. In honour of the successful initial public offering, RE/MAX Chairman and Co-Founder Dave Liniger, Vice Chair and Co-Founder Gail Liniger and Chief Executive Officer Margaret Kelly, joined by additional members of the RE/MAX leadership team, will ring the NYSE Opening Bell today, 12 November 2013 at 9:30 a.m. ET.

Adrian Goslett, CEO of RE/MAX of Southern Africa explains that The NYSE’s opening and closing bells mark the beginning and the end of each trading day and says that the act of ringing the bells is quite an honour and a symbol of a lifetime of achievement.

Since RE/MAX was established in Denver, Colorado 40 years ago, it has achieved an exceptional international presence and has become recognised as one of the leading international global real estate franchise companies with the most productive sales force in the industry.

“RE/MAX was named Entrepreneur magazine’s number one real estate franchise in the USA in the 34th annual Franchise 500 survey in January this year for the tenth time in the last 14 years. In October 2012, USA magazine Franchise Times also named RE/MAX the number one real estate franchise in its annual Top 200 ranking, based on worldwide sales.”

 Goslett notes that the global RE/MAX footprint continues to expand with a presence in over 90 countries and more than 6000 offices and 90 000 real estate agents worldwide.  RE/MAX in Africa continues to grow having recently opened in Tanzania, Kenya, Uganda, Morocco, Tunisia and Egypt. In Southern Africa the brand has grown in market share to the point that it is now placing almost 3 000 families in homes every month.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK