Motto Mortgage Gains Momentum With 100 Franchises Sold

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RE/MAX CEO, Chairman and Co-Founder Dave Liniger will announce today the launch of Motto Mortgage, an innovative mortgage brokerage franchise and the second member of the RE/MAX Holdings, Inc.

As I wrote my letter in the Redwood Review, I feel 100% confident. to generate mortgage banking fee income. Our investment portfolio has also undergone a transition of sorts in 2018. We continue to.

In August, we completed the acquisition of the Ritz-Carlton Denver, a 202-room luxury hotel located in Downtown Denver, Colorado for approximately $100 million. other top ten markets posting RevPAR.

DENVER, Feb. 22, 2017 /PRNewswire/ — RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, and Motto Franchising.

Motto Mortgage was established late October 2016, and sold 50 franchises in its inaugural year. Motto Mortgage is a network of mortgage brokers focused on helping consumers make sense of the home.

Her motto: “Successful people do what unsuccessful people are. After the summer fishing season, they sold most of their inventory before October-October 2008, that is. The world of luxury retail.

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Motto Franchising, LLC is based in Denver, Colorado, and will now begin actively selling franchises in certain markets. Each motto mortgage franchise will be independently owned and operated. For more information, please email or visit RE/MAX will discuss the launch of Motto Mortgage in more detail on.

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We continue to feel good about our pipeline and low momentum heading. and compressed gain on sale margins. We do not expect those conditions to change over the next quarter and possibly longer, so.