RE/MAX Extends A 25% Franchise Investement Discount To U.S. Military Veterans

RE/MAX of New York recognizes U.S. Miltary Veterans with a franchise fee discount. End Quote

(1888PressRelease) August 06, 2010 - Garden City, NY - RE/MAX of New York, Inc., New York State's leading provider of comprehensive real estate services, is extending a 25 percent discount on the standard RE/MAX franchise investment fee to any real estate broker who is a United States military veteran and interested in joining the RE/MAX system in New York State. This discount will be in effect for the next year and may be extended.

To recognize U.S. military veterans for their service to our country, honorably discharged veterans of the U.S. Armed Forces who own more than 50 percent of the franchised business and meet the qualifications for purchasing a franchise will receive a discount of the initial franchise fee by 25 percent. Veterans can advise RE/MAX of New York, Inc., of their veteran status and provide evidence of qualification before signing the Franchise Agreement to become eligible.

The Help Veterans Own a Franchise Act legislation H.R. 2672, was introduced in the House of Representatives on June 3, 2009. This revision to the IRS code would provide tax rebates to U.S. military veterans who purchase a franchise and to the franchisor that provides a discount. The legislation is currently pending in Congress.

"The Help Veterans Own a Franchise Act will honor U.S. military service and stimulate the economy by helping veterans to own their own business. Although the act has not passed yet, RE/MAX of New York, Inc. is not waiting for action in Washington. We are introducing our own discount now for veterans. We know that in any economy it takes a tremendous amount of effort and hard work to run a successful business, this discount will make owning a business a little easier for U.S. military veterans," said Henry F. Weber, President and Regional Director of RE/MAX of New York, Inc.

For more information, please visit www.remax-ny.com or call 1-800-REMAX-NY

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