RE/MAX Reports Growth in Transactions, Volume in 2012

""RE/MAX"":http://www.remax.com/ agents in the United States reported nearly 840,000 transaction sides last year--a 12 percent increase over 2011, the agency reported Tuesday.

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RE/MAX saw major growth in business as the housing recovery got into full swing, with agents reporting $165 billion in U.S. sales volume, up 18 percent year-over-year. Worldwide, the entire network saw 1.3 million transaction sides (up 8.4 percent from 2011) and $296 billion in sales volume (up 10.1 percent).

More notably, individual productivity within the RE/MAX network rose 15 percent to an average of 16.3 transaction sides per agent.

""For several years in a row, RE/MAX agents have averaged more sales than other agents. Again in 2012, RE/MAX agents closed more real estate deals than agents with any other brand,"" said RE/MAX CEO Margaret Kelly.

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""It's clear that the advanced tools and technology resources RE/MAX offers makes our agents the best prepared to assist home buyers and sellers in this recovering market,"" she added.

Commercial sales performance also picked up, with nearly 440 commercial offices reporting 8.4 percent growth in transactions and an average 17.4 percent growth in sales volume.

In addition, the Denver-based franchisor reported franchise sales growth in 2012. RE/MAX added 739 new franchises and six new countries, including mainland China. As of the end of 2012, 89 countries had RE/MAX franchises.

RE/MAX also earned some industry recognition in 2012. For the 10th time in 14 years, the company was recognized as the No. 1 real estate franchisor in _Entrepreneur_ magazine's 34th annual ""Franchise 500."" In addition, RE/MAX earned the top real estate ranking in the _Franchise Times_ Top 200 survey for the fourth year in a row.

Last year also saw the launch of a redesigned Remax.com, a consumer-facing website designed to provide users with a personal, consistent web experience across desktops, tablets, and smartphones.

Looking forward, Kelly said the future only looks brighter.

""RE/MAX adapted to the market over the last few years, and trained our agents to succeed. That training paid off, and our agents are now the best positioned for a real estate market that is coming back strong,"" she said.