[VIP] RE/MAX Q4, 2019: Back to Basics

In the aftermath of a disappointing Q3, I wrote:

One of my biggest takeaways from this earnings call is how much of the positive spin was put on October. For example, Karri Callahan mentions seeing some “positive traction” on agent count in October, contrasting with last October when RE/MAX lost hundreds of agents. Or there’s Ward Morrison from Motto Mortgage, talking about how October was one of the strongest months for Motto franchise sales. And Nick Bailey, the new Chief Customer Officer, talks about growth initiatives launched in October that has led to some of the best gains they had seen in a month.