Real Brokerage reports Q2 growth, advances REMAX acquisition plans

Key facts

• Real Brokerage reported a 30% revenue increase in Q2.
• Real Brokerage's Q2 revenue reached $700.6 million.
• Real Brokerage's agent count increased by 26%.
• Real Brokerage's acquisition of REMAX is expected to close in the second half of 2026.
• Daniel Lewis has been appointed interim CEO of Better.
• Daniel Lewis is an activist investor with a 5.8% stake in Better.
• Daniel Lewis replaces Better's founder, Vishal Garg.
• Better faces mounting losses and a delayed path to profitability.
• Better's preliminary Q2 earnings showed revenue and volume increases.

The Real Brokerage has reported substantial growth in its second quarter, with revenues climbing 30% to $700.6 million. The company also saw a significant increase in its agent count, which rose by 26%. In parallel, Real Brokerage is advancing its plans to acquire REMAX, a deal that is anticipated to be finalized in the second half of 2026.

Separately, Better has appointed Daniel Lewis as its interim CEO, replacing the company's founder, Vishal Garg. Lewis, an activist investor who holds a 5.8% stake in Better, steps into the role as the company navigates considerable financial difficulties and a prolonged period before achieving profitability. Despite these struggles, preliminary Q2 earnings for Better indicated an increase in both revenue and transaction volume.

The leadership transition at Better highlights the company's ongoing financial pressures. The delayed path to profitability suggests that the company is facing systemic issues that require significant strategic adjustments. The appointment of an activist investor as interim CEO often signals a push for aggressive cost-cutting measures or a restructuring aimed at improving financial performance.