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With over 100 franchises sold and nearly 80 offices open in 30 states, Motto Franchising, LLC’s unique national franchise mortgage brokerage model is the first of its kind in the United States.
As the first national mortgage brokerage franchise in the U.S., Motto Mortgage was established late October 2016 and sold 50 franchises in its inaugural year in business.
resulting in a gain on sale of $725,000. SBA trading premiums rebounded in the first quarter and averaged 7.4% compared with 6.5% for the fourth quarter. As a result, we continued our sales practices.
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During the quarter, we signed 56 franchise agreements, with eight in the higher margin upscale service brands. We have strong momentum in these. $14 million gain on the sale of assets related to.
Motto Franchising LLC has announced that 50 Motto Mortgage franchises were sold across the country during the franchisor’s first year of operation in 2017. Denver-based Motto Mortgage officially launched on October 25, 2016, and is the first national mortgage brokerage franchise in the U.S.
Motto Franchising, LLC is based in Denver, Colorado, and will now begin actively selling franchises in certain markets. Each Motto Mortgage franchise will be independently owned and operated. For more information, please email email@example.com or visit mottomortgage.com. RE/MAX will discuss the launch of Motto Mortgage in more detail on.
Motto Mortgage was established late October 2016 and sold 50 franchises in its inaugural year in business. "We are thrilled to be among the top one percent of fastest-growing emerging franchises," said Ward Morrison , president, Motto Franchising, LLC.
The latest Tweets from Motto Mortgage (@MottoMortgage). Motto Mortgage is a different kind of mortgage network. Each Office is Independently Owned, Operated and Licensed
The Company defines adjusted ebitda as EBITDA before acquisition-related expenses, bargain purchase gain, loss on. 21 RDs responsible for 100% of the franchise license sales. gross profit increased.
RE/MAX HOLDINGS, INC. LAUNCHES MOTTO MORTGAGE Franchisor to Give Consumers More Choice When Obtaining a Mortgage DENVER – RE/MAX CEO, Chairman and Co-Founder Dave Liniger will announce today the launch of Motto Mortgage, an innovative mortgage brokerage franchise and the second member of the RE/MAX Holdings, Inc. (NYSE: RMAX) family of brands.