Shares of RE/MAX (RMAX 0.57%) are up more than 20% on the day of its IPO as the rest of the market sags. Motley Fool Supernova Analyst Matthew Argersinger isn't surprised by RE/MAX's timing, though -- he thinks this is the right time for RE/MAX to IPO considering the success of its competitors, including Trulia and Zillow, which have had great runs since their IPOs. Matt thinks that the strength of residential real estate combined with low interest rates has made this a strong market for RE/MAX, but he worries about the market's future.
Should Investors Jump Into This Hot IPO?
By Mark Reeth and Matthew Argersinger – Oct 2, 2013 at 3:29PM
NYSE: RMAX
RE/MAX Holdings
Market Cap
$174M
Today's Change
(-0.57%) $0.05
Current Price
$8.65
Price as of October 28, 2025 at 4:00 PM ET
Shares of RE/MAX are up big on the day of its IPO. Will the company continue to run hot, or will shares run out of steam?
About the Author
Mark Reeth wasn't born incredibly handsome, like so many are--he had to work hard to get to where he is today. Thankfully, through much blood, sweat, and hair products, Mark Reeth is now one incredibly good-looking Consumer Goods Editor. But Mark Reeth wasn't born a Consumer Goods Editor--he started as a writer for Fool.com, became a Blog Editor, and now loves reading all the latest Consumer Goods news. If you want to read all the latest Consumer Goods news, follow him on Twitter @ChristmasReeth.