RE/MAX earnings jumped 35 percent in the first quarter — but the franchise brokerage remains cautious about the slowdown in the housing market. The company reported revenue of $71.2 million, compared with $52.6 million a year earlier, according to a statement. But RE/MAX noted the increase came “almost exclusively due to acquisitions” — namely driven by the ad and marketing platform Marketing Funds, which the brokerage acquired in January. Recurring revenue streams, which mainly include […]
source https://therealdeal.com/2019/05/03/re-max-boosts-earnings-with-acquisitions-as-housing-market-slows/
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