DENVER, May 13, 2019 /PRNewswire/ -- RE/MAX strongly
believes the role of a real estate agent in the homebuying and
selling process is more important than ever. Consumers faced with
the largest, most complex financial transaction of their lives
should have a knowledgeable professional to guide and advise them.
We believe real estate agents provide this essential service to a
successful buying and selling experience.
Given Redfin's recent announcement regarding a program that
would encourage buyers not to use agents on listings where the
seller is represented by Redfin, we cannot continue with an
official, corporate-level relationship at this time. We have begun
the process of dissolving our exclusive referral agreement with
them beginning today.
About the RE/MAX Network
As one of the leading global
real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX
Holdings (NYSE: RMAX) with over 125,000 agents in more than 110
countries and territories. Nobody in the world sells more real
estate than RE/MAX, as measured by residential transaction sides.
Dedicated to innovation and change in the real estate industry,
RE/MAX launched Motto Mortgage, a ground-breaking mortgage
franchisor, in 2016 and acquired booj, a real estate technology
company, in 2018. RE/MAX agents have lived, worked and served in
their local communities for decades, raising millions of dollars
every year for Children's Miracle Network Hospitals® and other
charities. To learn more about RE/MAX, to search home listings or
find an agent in your community, please visit www.remax.com. For
the latest news about RE/MAX, please visit
www.remax.com/newsroom.
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SOURCE RE/MAX, LLC