Even as Re/Max Holdings continues to grow amid the housing market slowdown, the franchise brokerage slightly lowered its guidance for the year. “We are witnessing a larger-than-expected slowdown in home sales this fall, as homebuyers and sellers adapt to a shifting market,” said Adam Contos, the company’s CEO. He spoke during the third-quarter earnings call on Friday. In a rebalancing market, the shift “back to equilibrium is not always smooth,” he said. The company now expects full-year revenue in […]
source https://therealdeal.com/2018/11/02/re-max-doubles-profit-but-outlook-is-less-optimistic/
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