RE/MAX Third Quarter 2016 Earnings Presentation

RE/MAX reported Q3 2016 earnings with 7.4% year-over-year agent count growth to 111,188 total agents. The company launched its Motto Mortgage brokerage franchise and agreed to acquire the New Jersey master franchise for $45 million. Revenue increased 1.0% YoY with adjusted EBITDA of $26.0 million at a 57.0% margin.