Jun. 3 at 10:42 PM
$RMAX $REAX
Three things wrong in one post:
RE/MAX is one of the most recognized real estate brands on the planet, not "not a brand"
Real is the fastest growing brokerage in North America, not "slow to the game"
Cash component is
$60-80M out of
$880M, under 10%, not 25%
Clean sweep of being wrong. Maybe sit this one out 🤡
180k agents,
$2.3B combined revenue,
$373M market cap. The math isn't bearish, you just can't do it