RE/MAX Cashes In on Israel’s Illegal Settlements in West Bank

By Medea Benjamin via Alternet.org

Look around your neighborhood at homes for sale and you will undoubtedly see RE/MAX’s ubiquitous signs sporting red, white and blue hot air balloons. What started out as a mom-and-pop office in Denver, Colorado in 1973 is now a corporate giant, with some 100,000 sales agents in over 90 countries. RE/MAX claims to have “the largest business volume in the world,” adding an average of 1.6 new franchises each day. Its yearly revenues surpass $150 million, derived from fees from its franchisee, annual dues from agents, broker fees, and franchise sales.

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