DENVER, Feb. 21, 2019 /PRNewswire/ -- The growth of Motto Franchising, LLC is turning heads. Today, Entrepreneur magazine named Motto Mortgage as one of the fastest-growing franchise brands in 2019.
The ranking of 150 franchises placed Motto Franchising, LLC in the top half of the list, with an overall ranking of 72. This marks the first year the franchisor has been included in the annual list.
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. Motto Mortgage was established in October 2016 and sold 50 franchises in its inaugural year in business, and sold the 100th Motto Mortgage franchise, just 23 months after its launch.
"We are proud to be named as an Entrepreneur magazine 2019 fastest-growing franchise. Earning a place among some of the most respected franchise brands with only two years under our belt is an incredible accomplishment," said Ward Morrison, president, Motto Franchising, LLC. "Our growth really showcases how revolutionary the Motto Mortgage model is. It's an incredibly exciting thing to be part of."
Entrepreneur will publish its latest "Fastest-Growing" list in its March 2019 issue. The rankings were based on the net number of franchise units added in the U.S. and Canada between July 2017 to July 2018 according to Entrepreneur magazine's review of unit lists and Franchise Disclosure Documents of 1,094 participating franchises across all industries.
This is not the first time Motto Franchising has been recognized for its growth. Last year, Franchise Grade® named Motto Mortgage among the top 1 percent fastest-growing emerging franchises in 2018, according to an analysis of over 2,500 franchise systems. *
Motto Mortgage, a "mortgage brokerage in a box," continues to create a breakthrough in the mortgage industry by providing more options, transparency and convenience for consumers. This model not only creates an ancillary business for current real estate brokerage firms, but also offers opportunities for mortgage professionals seeking to open their own businesses and independent investors interested in financial services.
About Motto Mortgage
The Motto Mortgage network is breaking the mold by giving the power of choice back to consumers with less jargon, more transparency, and even more options to choose from as they shop for the right home loan. 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. Created to disrupt the mortgage industry, the Motto Mortgage network connects loan originators and real estate agents to provide a seamless, personalized experience and one-stop shop for consumers. Motto Mortgage is the second member of the RE/MAX Holdings, Inc. family of brands. Each Motto Mortgage office is independently owned, operated and licensed. To learn more about Motto Mortgage, or for license information for a Motto Mortgage office, email [email protected], or visit www.mottomortgage.com/offices.
*Motto Mortgage is among the top 1 percent fastest-growing emerging franchises in 2018 according to an analysis of over 2,500 franchise systems by Franchise Grade® in its review of franchise sales information contained in Franchise Disclosure Documents issued during the 12 months ended August 30, 2018.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a Motto Mortgage franchise. It is for informational purposes only. We will not offer you a franchise in states or other jurisdictions where registration is required unless and until we have complied with applicable pre-sale registration requirements in your state (or have been exempted therefrom) and a Franchise Disclosure Document has been delivered to you before the sale in compliance with applicable law. New York residents: This advertisement is not an offering. An offering can be made by prospectus only. Minnesota Reg. No. F-8089; Motto Franchising, LLC, 5075 South Syracuse St #1200, Denver, CO 80237, 1.866.668.8649.
SOURCE Motto Mortgage
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