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REMAX posts $4.3 million Q2 net loss ahead of Real deal close
Revenue fell 5.8% year over year to $68.5 million, and a pending acquisition by The Real Brokerage is set to close in the second half of 2026 after special meetings on Aug. 14.
REMAX Holdings reported weaker second-quarter results while preparing for its pending acquisition by The Real Brokerage, with HousingWire reporting lower revenue and a net loss. Total Q2 2026 revenue fell 5.8% year over year to $68.5 million, and revenue excluding marketing funds declined 5.1% to $51.7 million, tied to negative organic revenue growth.
The company posted a net loss attributable to REMAX of $4.3 million. In addition, REMAX said it is not holding an earnings call with investors and analysts because of the impending deal.
REMAX also disclosed that its total agent count rose 1.5% from a year earlier to 149,267 worldwide. But in the U.S. and Canada, where it historically generates most system revenue, combined agent count fell 2.2% to 72,968, according to the filing.
For the transaction, REMAX said the Real deal is expected to close in the second half of 2026, subject to customary conditions and shareholder approval at special meetings scheduled for Aug. 14, 2026. HousingWire also noted the companies received early termination of the HSR waiting period in mid-July after DOJ approval steps.