For the third consecutive year, RE/MAX is the highest-ranking real estate company to land on Entrepreneur Magazine's 2015 Franchise 500 list.
Each year, Entrepreneur Magazine ranks industry franchises based on several factors, including financial strength and stability, growth rate, size, number of years in business, length of time offering franchising opportunities, startup costs, and financing options.
RE/MAX emerged as the top-ranked real estate company, coming in at No. 75 in the overall rankings. Other real estate franchises named include HomeVestors of America Inc. (No. 127); Weichert Real Estate Affiliates Inc. (No. 236); HomeSmart Internatioanl (No. 376); and Keller Williams Realty (No. 387). More than 927 companies are considered for the 500 list.
Entrepreneur magazine also ranked RE/MAX as the top real estate franchise in three other categories, including fastest growing, global position, and low-cost franchise.
"We're pleased and honored to be recognized among such well-respected franchising powerhouses," said RE/MAX CEO Dave Liniger. "We take pride in the many advantages RE/MAX provides to our franchisees, including global brand recognition and more than 40 years of operational expertise." This year's ranking also marks the 12th time in 16 years that RE/MAX has been listed as the top franchisor in the real estate category by Entrepreneur Magazine.
Entrepreneur evaluated a total of 22 real estate franchises in its survey. Franchisers are asked to participate in the survey and submit necessary data for evaluation. Several large real estate companies, however, were not evaluated for the list, such as Century 21, Coldwell Banker, and Berkshire Hathaway.
Overall, earning the top spots of franchises among various industries on Entrepreneur's 500 list were Hampton Hotels, Anytime Fitness, Subway, Jack in the Box, and Supercuts.