John Campbell

Nick McAndrew

Ronald Kamdem

Anthony Paolone

Tommy McJoynt

Ryan McKeveny

Stephen Sheldon

Thomas Mcjoynt-Griffith

- RE/MAX Holdings reported **Q3 2025 total revenue of $73.3 million**, marking a **6.7% decrease** compared to Q3 2024.  **[1581091_20251030LA10993:0]** **[1581091_20251030LA10993:1]**  Net income attributable to RE/MAX Holdings, Inc. was **$4.0 million**, with GAAP diluted EPS of **$0.19**.  **[1581091_20251030LA10993:0]** **[1581091_20251030LA10993:1]**  Adjusted EBITDA decreased **5.6%** to **$25.8 million**, and Adjusted diluted EPS was **$0.37**.  **[1581091_20251030LA10993:0]** **[1581091_20251030LA10993:1]** 
- The company's **total agent count increased 1.4%** to **147,547 agents** as of September 30, 2025, primarily driven by growth outside the U.S. and Canada.  **[1581091_20251030LA10993:0]**  Conversely, the **U.S. and Canada combined agent count decreased 5.1%** to **74,198 agents**.  **[1581091_20251030LA10993:0]** 
- For **Q4 2025**, RE/MAX Holdings expects revenue in the range of **$69.5 million to $73.5 million** and Adjusted EBITDA between **$19.0 million and $23.0 million**.  **[1581091_20251030LA10993:2]**  The **full-year 2025 outlook** was revised, with expected revenue now between **$290.0 million and $294.0 million** and Adjusted EBITDA between **$90.0 million and $94.0 million**.  **[1581091_20251030LA10993:2]**

RE/MAX Holdings Reports Third Quarter 2025 Results

- RE/MAX Holdings, Inc. reported **total revenue of $73.3 million** and **Adjusted EBITDA of $25.8 million** for the third quarter of 2025, representing decreases of 6.7% and 5.6% respectively compared to Q3 2024.  **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:0]** **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:1]** **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:2]** 
- Net income attributable to RE/MAX Holdings, Inc. was **$4.0 million**, with diluted GAAP EPS of **$0.19** and Adjusted diluted EPS of **$0.37** for Q3 2025.  **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:0]** **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:1]** **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:2]** 
- Total agent count increased **1.4% to 147,547 agents** as of September 30, 2025, while the U.S. and Canada combined agent count decreased **5.1% to 74,198 agents**.  **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:0]** **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:1]** 
- For the full year 2025, the company updated its outlook, expecting revenue in the range of **$290.0 million to $294.0 million** and Adjusted EBITDA in the range of **$90.0 million to $94.0 million**.  **[1581091_0001104659-25-104414_tm2529824d1_ex99-1.htm:2]**

RE/MAX Holdings, Inc. Reports Third Quarter 2025 Results

- RE/MAX Holdings, through its subsidiary RE/MAX, LLC, has expanded its global presence by selling the master franchise rights for **REMAX Morocco**, further extending its footprint into **North Africa**.  **[1581091_20251022LA03663:0]** **[1581091_20251022LA03663:1]** 
- REMAX Morocco will be headquartered in **Casablanca** and led by Regional Owners **Rachida Khalil and Bilal Dabri**, who bring strong expertise in business development, marketing, and operations.  **[1581091_20251022LA03663:0]** 
- The new leadership anticipates **exceptional growth potential** in the Moroccan real estate market, citing upcoming events like the **2026 Africa Cup of Nations** and the **2030 FIFA World Cup** as catalysts for increased investment.  **[1581091_20251022LA03663:0]** 
- REMAX Morocco plans to establish a robust network, with expectations to sell **more than 100 franchises** and recruit **over 1,000 real estate sales associates** across the country.  **[1581091_20251022LA03663:0]**

RE/MAX Holdings Expands Global Presence with REMAX Morocco Sale

- In September 2025, **inventory was 20% higher year-over-year**, marking the 21st consecutive month of annual growth, while home sales increased **8.5%** compared to September 2024.  **[1581091_20251016LA00365:0]** **[1581091_20251016LA00365:1]**  However, compared to August 2025, sales declined 4.6% and inventory rose 3.1%.  **[1581091_20251016LA00365:0]** 
- The median sales price for the 52 metro areas surveyed was **$439,000** in September 2025, a 2.1% increase from September 2024 but a 1.3% decrease from August 2025.  **[1581091_20251016LA00365:0]** **[1581091_20251016LA00365:1]**  Sellers accepted **98%** of the asking price, down from 99% in both August 2025 and September 2024.  **[1581091_20251016LA00365:0]** **[1581091_20251016LA00365:1]** 
- Days on Market averaged **48 days** in September 2025, up seven days from September 2024, and the Months' Supply of Inventory rose to **3.0 months** from 2.6 months a year ago.  **[1581091_20251016LA00365:0]** **[1581091_20251016LA00365:1]** **[1581091_20251016LA00365:2]**  New listings increased 0.9% year-over-year and 4.5% over August 2025.  **[1581091_20251016LA00365:0]** 
- RE/MAX CEO Erik Carlson noted that "Smart buyers are turning to their agents for strategic guidance – and it's paying off, as many are still successfully negotiating favorable prices," and anticipates that "As inventory grows and market dynamics shift, the months ahead may bring more balance to the market".  **[1581091_20251016LA00365:0]**

RE/MAX National Housing Report for September 2025 Shows Increased Inventory and Sales with Moderating Prices

- **eXp Realty**, a subsidiary of eXp World Holdings, Inc., has launched its **UK Commercial Division**, becoming the **first platform in the UK** to offer both residential and commercial property services within a single integrated business model.  **[1581091_255a077dd962423fa5faa2261e637f09_0]** 
- The UK commercial real estate market is projected to reach **£8.1 billion ($10.2 billion USD)** in revenue by **2025**.  **[1581091_255a077dd962423fa5faa2261e637f09_0]** 
- The division offers agents a **70% commission structure**, which can increase to **100%** for top-performing agents, along with specialized training and support.  **[1581091_255a077dd962423fa5faa2261e637f09_0]** 
- This UK launch is intended to serve as a **foundation for eXp's international commercial property expansion**.  **[1581091_255a077dd962423fa5faa2261e637f09_1]**

eXp Realty Launches UK Commercial Division

- **eXp Realty**, a subsidiary of eXp World Holdings, Inc., launched **eXp UK Commercial** on **October 8, 2025**, expanding its commercial real estate services in the UK.  **[1581091_dfb61dd13838401e9334a6a66187c03d_0]** 
- This initiative positions eXp as the **first agent-owned platform in the UK** to provide both residential and commercial services under a single model.  **[1581091_dfb61dd13838401e9334a6a66187c03d_0]** 
- The UK commercial property sector is projected to reach **£8.1 billion (US $10.2 billion) in revenue in 2025**.  **[1581091_dfb61dd13838401e9334a6a66187c03d_0]** 
- Agents joining eXp UK Commercial will benefit from a **70% commission structure**, with the potential to increase to 100% for top performers.  **[1581091_dfb61dd13838401e9334a6a66187c03d_0]**

- eXp Realty, a subsidiary of eXp World Holdings, Inc., launched **eXp UK Commercial** on **October 8, 2025**, to expand its commercial real estate competencies in the UK.  **[1581091_439d58fe83444b1983d83b599a822a0d_0]** 
- This initiative establishes eXp as the **first broker-centric platform in the UK** to offer both residential and commercial real estate under a unified model.  **[1581091_439d58fe83444b1983d83b599a822a0d_0]** 
- The UK commercial real estate sector is projected to reach **\u00a38.1 billion ($10.2 billion USD)** in 2025.  **[1581091_439d58fe83444b1983d83b599a822a0d_0]** 
- The new model offers brokers a commission structure where they retain **70%**, with top performers retaining up to **100%**.  **[1581091_439d58fe83444b1983d83b599a822a0d_0]** 
- This launch is part of a broader global strategy, with the UK serving as a foundation for eXp's international expansion in commercial real estate.  **[1581091_439d58fe83444b1983d83b599a822a0d_0]** **[1581091_439d58fe83444b1983d83b599a822a0d_1]**

- **eXp Realty**, a core subsidiary of eXp World Holdings, Inc., announced on **October 09, 2025**, the launch of its commercial real estate division in the UK.  **[1581091_bf96655914d14bf58563c7cecb31ff38_0]** 
- This expansion extends eXp's commercial real estate capabilities to one of Europe's most dynamic real estate markets, making it the **first agent-driven platform in the UK** to offer both residential and commercial real estate services under a single model.  **[1581091_bf96655914d14bf58563c7cecb31ff38_0]** 
- The UK commercial real estate industry's revenue is projected to reach **£8.1 billion (US$10.2 billion)** in **2025**, following over 50% growth in the past decade, indicating a significant market opportunity.  **[1581091_bf96655914d14bf58563c7cecb31ff38_0]** 
- eXp's model offers agents a commission split of up to **70%**, with top agents potentially earning up to **100%**.  **[1581091_bf96655914d14bf58563c7cecb31ff38_0]** 
- The UK launch will serve as a foundation for eXp's international commercial real estate expansion and a model for future global rollout.  **[1581091_bf96655914d14bf58563c7cecb31ff38_0]**

eXp Realty Launches UK Commercial Real Estate Division

- **eXp Realty**, the leading global independent real estate brokerage and primary subsidiary of eXp World Holdings, Inc., has launched **eXp UK Commercial**, expanding its commercial real estate capabilities in the United Kingdom.  **[1581091_aa21d488a6064f99ab0da37c381678a4_0]** 
- This initiative makes eXp the **first agent-driven platform in the UK** to offer both residential and commercial services under a single model.  **[1581091_aa21d488a6064f99ab0da37c381678a4_0]** 
- The UK commercial real estate industry is anticipated to reach **£8.1 billion ($10.2 billion USD) in revenue in 2025**.  **[1581091_aa21d488a6064f99ab0da37c381678a4_0]** 
- The new division offers agents a **70% commission structure**, increasing to 100% for top performers, along with sector-specific training, marketing, and operational support.  **[1581091_aa21d488a6064f99ab0da37c381678a4_0]** 
- The UK launch is intended to serve as the **base for eXp's international commercial expansion**.  **[1581091_aa21d488a6064f99ab0da37c381678a4_1]**

- **eXp Realty** has launched **eXp UK Commercial**, expanding its commercial real estate capabilities in the UK and becoming the **first agent-powered platform** to offer both residential and commercial services under a single model in the region.  **[1581091_8d6173a49f26499db92684ccb5a51f93_0]** 
- The UK commercial property sector is forecast to reach **£8.1 billion ($10.2 billion USD) in revenue in 2025**.  **[1581091_8d6173a49f26499db92684ccb5a51f93_0]** 
- Agents in the new division will benefit from a commission structure where they keep **70%**, which can rise to **100% for top performers**.  **[1581091_8d6173a49f26499db92684ccb5a51f93_0]** 
- This launch positions the UK as the foundation for eXp's international commercial expansion.  **[1581091_8d6173a49f26499db92684ccb5a51f93_1]**

RE/MAX Holdings (RMAX)