Just days after completing its $880 million acquisition of REMAX, the newly coined Real REMAX Group has decided it will no longer sell new Motto Mortgage franchises, instead choosing to prioritize investment in a unified mortgage platform. Additionally, also following the deal closing, Vic Lombardo, who was named president of REMAX’s mortgage services last year,…
The Real Brokerage and RE/MAX—one of the world’s leading franchisors of real estate brokerage services—recently announced that shareholders of both companies approved Real’s proposed acquisition of RE/MAX at their respective special meetings, moving the major consolidation one step closer to finalization. Upon closing, the combined company will operate as Real REMAX Group, a holding company…
On a brisk March morning in Rhode Island, midway through one of the biggest announcements of his life, Dean deTonnancourt felt a flicker of nerves. The longtime brokerage owner had assembled his 300 agents—people he cares about deeply, many of whom had been with their national brand for years—to announce the conversion of their successful,…
Following the big news of REMAX being acquired by The Real Brokerage, the company’s CEOs were quick to express confidence that the two companies had plenty of synergy and that the stunning joining of forces was the right move at the right time. In an interview with RISMedia, as well as speaking to investors shortly…
In yet another massive consolidation move, upstart Real Brokerage announced it is acquiring REMAX for $880 million, with Real CEO Tamir Poleg taking the reins of what will now be known as Real REMAX Group. The deal comes on the heels of several other mega-mergers in the space, most notably Compass’s acquisition of Anywhere and…
REMAX® has announced Rhode Island-based HomeSmart Professionals has joined its brand. Owned and operated by Dean deTonnancourt, the brokerage will now operate as REMAX Revolution, bringing more than 300 agents from six offices into the network. “Dean and his agents add to the leading market share REMAX has in Rhode Island, and we’re excited to…
Above, REMAX CEO Erik Carlson, left, and company Co-Founder Dave Liniger. When REMAX Co-Founder Dave Liniger was introduced at the opening session of the company’s annual R4 global convention in Las Vegas late last month, the more than 4,200 attendees from over 55 countries had first been energized by actor/comedian Andrew Fung and REMAX CEO…
RE/MAX Holdings, parent company of REMAX, on Feb. 19 announced mixed financial results for Q4 and year ended December 31, 2025, with revenue falling 1.8% year-over-year to $71.1 million. Despite the revenue dip and a 4.6% decline in U.S./Canada agent count, adjusted earnings per share (EPS) of $0.30 beat analyst estimates of $0.28. The company…
For a couple years now, RE/MAX has publicly stated that it is focused on reversing a trend of shrinking agent count in the U.S.—even as the brokerage touts overseas growth. That still hasn’t happened, with the company reporting a 6.9% year-over-year drop in U.S. agents for Q3 2025, and lowering its top-end revenue projections from…