Key facts
- Real Brokerage reported Q2 revenue of $700.6 million, a 30% increase year-over-year.
- Real Brokerage's agent count grew 26% to 35,348.
- REMAX reported a Q2 net loss of $4.3 million.
- REMAX's total revenue decreased 5.8% year-over-year to $68.5 million.
- The acquisition of REMAX by Real Brokerage is expected to close in the second half of 2026.
- The Department of Justice granted early termination of the HSR Act waiting period for the merger.
The Real Brokerage reported strong second-quarter financial results, with revenue increasing 30% year-over-year to $700.6 million, driven by agent count and transaction volume growth. The company posted an $8 million net loss, largely due to $11.6 million in acquisition-related expenses for its planned purchase of REMAX.
REMAX Holdings Inc. reported lower revenue and a net loss of $4.3 million in its second quarter. The franchisor's total revenue fell 5.8% to $68.5 million, with its U.S. and Canada agent count declining 2.2% to 72,968, though its global agent count rose to 149,267.
The acquisition of REMAX by Real Brokerage is expected to close in the second half of 2026, pending shareholder approval at special meetings scheduled for August 14. The Department of Justice granted early termination of the HSR Act waiting period for the merger in mid-July.