see arca racing series . re max llc type public traded as nyse rmax industry real estate founded 1973 headquarters denver colorado u.s. key people dave liniger ceo chairman and co founder gail liniger vice chair and co founder geoff lewis president karri callahan cfo adam contos coo revenue 177 million 2015 1 number of agents 100 000 website www.remax.com re max headquarters in the denver technological center . re max hot air balloon at a balloon festival . re max short for real estate maximums is an american international real estate company that operates through a franchise system . the company has held the number one market share in the united states and canada since 1999 as measured by residential transaction sides . 2 re max has more than 100 000 agents 3 in 6 800 offices . re max operates in about 100 countries . 4 contents 1 history 2 philanthropy 3 references 4 external links history edit re max was founded in january 1973 by dave and gail liniger . 5 6 the company was established with a maximum commission concept meaning agents would keep nearly all of their commissions and pay their broker a share of the office expenses rather than a share of the commission . 7 in 1975 dennis curtin purchased the first re max franchise outside of colorado in kansas city missouri . expansion continued when george marshall brought re max to columbus ohio . the company had 100 franchises in two years . 8 9 re max held its first convention in las vegas in 1976 . it became an annual event . 9 in 1977 re max opened its first office outside the u.s. in calgary canada . 10 in 1978 the re max red white and blue hot air balloon became the official re max logo . 11 in 1982 george marshall purchased the first re max hot air balloon in columbus ohio . in 1994 re max expanded outside north america with the establishment of re max europe by canadians frank polzler and walter schneider . 12 in november 1994 the re max satellite network rsn was launched with four hours of programming daily which was released to u.s. real estate agents using satellite dishes . the network started broadcasting more than 60 hours of programming monthly . the network programming included training and company news . 3 in 1998 re max ceo dave liniger attempted the first manned balloon flight around the world in a stratospheric gas balloon . 13 14 15 16 the flight was canceled due to design and weather problems . 17 at the time re max had 88 balloons making it the largest hot air balloon fleet in the world . 16 in 2006 re max updated their corporate website to include listings for all u.s. homes for sale including homes being sold by competitors . 18 19 in 2007 the company established re max university which is an online educational platform that includes a training library . 20 re max university has been featured in training magazine s top 125 organizations recognizing employee development . 21 by 2009 the company had franchises in 70 countries . 5 by 2011 the company had more than 6 000 franchises . 22 in april 2010 the obama administration announced the home affordable foreclosure alternatives hafa program . the day the announcement was made leaders from the u.s. treasury department and bank of america participated in a live national broadcast detailing the initiative at re max headquarters in denver held by ceo dave liniger . 23 the re max commercial division launched a new website in 2012 and has been recognized as a top real estate brokerage firm by national real estate investor . 24 25 in 2013 un special rapporteur richard falk released a report which alleged that real estate groups such as re max found to promote or sell properties in israeli settlements may be held liable for complicity in the crime of promoting settlement activity in occupied territory . 26 27 as of november 2015 re max israel was still selling properties in 18 different israeli settlements in the occupied palestinian territories 28 and re max llc receives financial benefits from re max israel s sale of properties in settlements . 29 re max llc s parent company re max holdings inc raised 220 million in its initial public offering ipo in 2013 . re max holdings inc completed a secondary offering of approximately 185 million in november 2015 . remax holdings owns 58.3 % and rihi owns 41.7 % of re max llc . total diluted share count public and private as of december 31 2015 was 30.2 million shares . 30 31 32 re max was included as the leading real estate franchise on the franchise times top 200 list for the sixth time in 2014 . 33 also in 2014 re max was named to the world franchising network s top 50 franchises for minorities for the seventh consecutive year . 34 35 in 2015 re max was featured as the leading real estate franchise in the entrepreneur magazine franchise 500 ranking and its list of top global franchises . 36 37 philanthropy edit in 1992 re max became a sponsor of children s miracle network . the company hosts art auctions organizes golf tournaments and encourages agent fundraising activities . when buying or selling a home through re max listing as a miracle home with the balloon logo helps the local children s miracle network hospital . re max affiliates have raised 147 million for the children s miracle network hospitals in over 20 years of sponsorship . 38 in 2002 re max became a sponsor of the susan g. komen breast cancer foundation race for the cure events in the united states . 39 local re max offices use hot air balloons for educational programs and non profit organization fundraisers . 11 references edit re max reports agent growth solid revenue in 2015 . inman . retrieved 4 may 2016 . re max rmax ipo prices at 22 above expected range . street insider . 2 october 2013 . retrieved 28 october 2015 . a b carol patton 1 june 2005 . re max training with a competitive advantage . via satellite . retrieved 28 october 2015 . re max vision . re max united kingdom . retrieved 28 october 2015 . a b john rebchook 20 october 2009 . re max ranks high on franchise list . denver real estate watch . retrieved 30 october 2015 . dinah eng 19 august 2009 . surviving recession 5 the re max startup story . cnn . retrieved 30 october 2015 . mike taylor october 2001 . remax world wide . coloradobiz . larry parman 30 june 2013 . above the fray leading yourself your business and others during turbulent times . morgan james publishing . a b phil harkins ; keith hollihan 13 december 2004 . everybody wins the story and lessons behind re max . john wiley & sons . re max western canada . calgary herald . a century of success . 28 august 2005 . a b old home day icon to rise again this year . londonderry news . 15 august 2013 . retrieved 30 october 2015 . garry marr 11 october 2012 . one canadian real estate pro s journey to cash in on europe . financial post . retrieved 30 october 2015 . tom hamilton . around the world by balloon . balloon life . retrieved 30 october 2015 . latest balloon quest to shoot for stratosphere . cnn . 27 december 1998 . retrieved 30 october 2015 . michael cannell 16 november 1998 . around the world in a balloon . science world . a b blanche evans 16 august 1998 . what you didn t know about liniger s space balloon mission . realty times . retrieved 30 october 2015 . glenn elert 1997 . altitude of the highest manned balloon flight . the physics factbook . kristi arellano 19 august 2005 . re max international to post all u.s. homes for sale on its web site . the denver post . blanche evans 16 august 2005 . re max to open national idx website . realty times . retrieved 30 october 2015 . reem abdellatif 25 march 2012 . american real estate brand re max forays into egypt . daily news egypt . retrieved 30 october 2015 . training magazine ranks 2015 top 125 organizations . training magazine . 10 february 2015 . retrieved 30 october 2015 . about re max llc . entrepreneur magazine . retrieved 30 october 2015 . carrie bay . government agents lenders vendors one united force when it comes to hafa . dsnews . retrieved 30 october 2015 . 2015 top brokers . national real estate investor . retrieved 30 october 2015 . re max ranks among best pdf . celina record . 6 june 2014 . retrieved 30 october 2015 . report of the special rapporteur on the situation of human rights in the palestinian territories occupied since 1967 a 68 376 10 september 2013 item 69 c us european finances tied to israeli settlements . upi . october 30 2013 . retrieved august 18 2015 . murtaza hussain why is re max selling properties in illegal israeli settlements the intercept 11 february 2016 occupation inc. how settlement businesses contribute to israel s violations of palestinian rights human rights watch 19 january 2016 . 10 k re max holdings inc . 26 february 2016 . retrieved 4 may 2016 . elizabeth dexheimer ; leslie picker 2 october 2013 . re max gains after 220 million ipo priced above target . bloomberg . retrieved 30 october 2015 . michael j. de la merced 19 august 2013 . re max files for i.p.o. as housing market continues upswing . the new york times . retrieved 30 october 2015 . re max named largest real estate franchise by franchise times . denver business journal . 3 october 2014 . retrieved 30 october 2015 . nmfi selects 50 top franchises for minorities . worldfranchising.com . 29 september 2007 . retrieved 30 october 2015 . rob bond ; annie barbaric ; yi fan 27 october 2014 . top 50 franchises for minorities 2014 . world franchising . retrieved 30 october 2015 . 2015 global franchise rankings . entrepreneur magazine . retrieved 30 october 2015 . 2015 franchise 500 rankings . entrepreneur magazine . retrieved 30 october 2015 . creating real miracles by raising funds for local hospitals . children s miracle network hospitals . retrieved 4 may 2016 . re max sponsors komen s race for the cure . realty times . 4 march 2002 . retrieved 28 october 2015 . external links edit wikimedia commons has media related to re max . official website retrieved from 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