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RE/MAX Hands Reins to Contos

Home Industry News
By RISMedia Staff
February 15, 2018
Reading Time: 2 mins read

Liniger Becomes Non-Executive Chairman

Adam Contos
Adam Contos

RE/MAX Holdings, Inc. has announced Adam Contos as CEO, with Co-Founder David Liniger transitioning to non-executive chairman. Contos has acted as co-CEO alongside Liniger since May 2017. Liniger will continue to serve on the RE/MAX Holdings Board of Directors.

“The Board of Directors is pleased that Adam will lead RE/MAX Holdings in its next stage of growth,” says Richard Covey, lead director of the Board. “He is a talented and respected RE/MAX Holdings executive who combines an in-depth knowledge of the industry with an equally strong desire to drive RE/MAX forward and build on its success by leveraging technology and focusing on innovation.

“Adam has played an integral role in extending and strengthening the RE/MAX brand across a global network of over 115,000 RE/MAX agents, as well as the successful launch of Motto Mortgage just 16 months ago,” Covey says. “His experience serving in key leadership roles at the company, coupled with his deep knowledge of the real estate business, make him a natural choice to lead RE/MAX Holdings into the future. We are also pleased that Dave will continue to work with the Board and the network and continue to provide his insights and experience to them.”

David Liniger
David Liniger

“Our original business model, which was built to encourage productive agents to come together, motivate each other and work hard, is still going strong after 45 years,” says Liniger. “We are No. 1 in the world and I’m confident that under Adam’s leadership, RE/MAX Holdings will continue to thrive and reach even greater heights through his unwavering dedication and commitment to this great company, our brands and our networks.”

“I am honored to lead RE/MAX Holdings at this important time in our history,” says Contos. “Nobody in the world sells more real estate than RE/MAX and our network has never been stronger. Motto Mortgage is off to a terrific start and we could not be more optimistic about its future. As we head into this next chapter, I am excited about the prospects for continuing our successful momentum, driven by our outstanding business model, brand strength, competitive advantages and the most dynamic brokers and agents in the industry.”

Contos was the company’s COO prior to being named co-CEO. He joined RE/MAX in 2004, and became region vice president in 2005. From 2007-2013, he served as region vice president, first for the California and Hawaii region and later for the Florida region. In 2013, he was named vice president, Region Development. In 2015, he was named senior vice president, Marketing.

According to a company release, the announcement is “the next step in RE/MAX Holdings’ leadership succession plan.”

For more information, please visit www.remax.com.

For the latest real estate news and trends, bookmark RISMedia.com.

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