The 2026 RE/MAX FDD moves the Item 7 estimated initial investment range from $45,000–$245,500 to $37,100–$336,500, and the system contracts from 3,150 to 2,994 outlets (−5.0%) year-over-year. Neither filing includes an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $45,000 | $37,100 | −$7,900 (−17.6%) |
| High end of range | $245,500 | $336,500 | +$91,000 (+37.1%) |
| Full range | $45,000–$245,500 | $37,100–$336,500 |
The 2026 filing puts the Item 7 estimated initial investment at $37,100–$336,500, against $45,000–$245,500 in the 2025 filing. The low end moves by −$7,900 (−17.6%) and the high end moves by +$91,000 (+37.1%), widening the band from $200,500 to $299,400.
2026 filing: The broker fee ('royalty') and marketing fund contribution are both calculated per agent or based on agent count. Franchisor offers alternative fee structures (e.g., Aspire, Ascend, Appreciate pilot programs) that may change ongoing fee obligations; see Addenda to the Franchise Agreement and Item 6 footnotes for specific terms.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 3,150 | 2,994 | −156 (−5.0%) |
| Franchised outlets | 3,150 | 2,994 | −156 (−5.0%) |
| Company-owned outlets | 0 | 0 | unchanged |
| Openings during the year | Not disclosed | 111 | |
| Closures during the year | Not disclosed | 266 |
RE/MAX reports 2,994 outlets in the 2026 FDD, against 3,150 in the 2025 filing — a change of −156 (−5.0%).
Outlet counts as each filing states them — 2025: December 31, 2024 (RE/MAX, LLC systemwide, US); 2026: December 31, 2025. Team Offices are counted as franchised outlets; see Item 20 tables for breakdown by state, status changes, and projections. Outlet counts reflect only U.S. locations and do not include affiliates or subfranchisor regions not offered under this FDD.
Neither the 2025 nor the 2026 RE/MAX filing includes an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Standard royalty rate | 1% | 1% | unchanged |
The standard royalty rate holds at 1% of Revenue (total gross commissions, referral fees, and all other revenue earned, less specified referral fees out) across both filings.
2025 filing: Item 6 describes multiple "Monthly Ongoing Fees" components, including a per-Sales Associate monthly amount and an additional optional Technology Fee (not yet effective as of the Issuance Date). 2026 filing: Reduced or waived royalty for 'Legacy Sales Associates' in certain states; see footnotes in Item 6.