Franchise real estate brokerage firms are making more executive changes weight/maximum. Serene Smith, Chief of Staff and Chief Operating Officer RE/MAX Holdingshas transitioned to a non-executive part-time role at a brokerage firm.
RE/MAX will no longer have a chief operating officer and Smith’s responsibilities will be assumed by other executives, the company disclosed in a filing with the Securities and Exchange Commission on Friday. Securities and Exchange Commission (U.S. Securities and Exchange Commission). Smith has been with the company since 2006.
Smith’s resignation as chief operating officer comes less than four months after the departure of RE/MAX brand chief executive Nick Bailey and the appointment of Amy Lessinger as president. Parent company RE/MAX Holdings also appointed former Dish Network leader Eric Carlson as CEO in November 2023.
During last month’s first-quarter earnings call, RE/MAX executives told investors they believed RE/MAX agent productivity would help the company succeed following the agent commission settlement. national association of realtors.
Carlson quoted during the conference call Real trends verified Data to illustrate RE/MAX agent productivity. He noted that RE/MAX agents completed an average of 11.8 transactions in 2023, more than twice the average of other agents.
