REMAX Holdings reported Q1 2026 results on May 8, presumably the company’s last financial report as an independent entity after being acquired by Real Brokerage for $880 million late last month. The disclosure showed total revenue of $70.2 million, down 5.7% year-over-year. Adjusted EBITDA declined 19.3% to $15.6 million, with adjusted EBITDA margin contracting to…
Days after announcing it would be purchasing legacy franchisor REMAX for $880 million, ascendant tech-focused Real Brokerage announced strong financial results to kick off 2026, with agent count jumping 25% and revenues increasing sharply as company executives touted new opportunities from the acquisition. Reporting Q1 earnings, with $465 million revenue (up 34% year-over-year) and 41,882…
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…
Personable and communicative. For agents and clients who’ve worked with Shannon McNulty, those are likely the first qualities that come to mind. McNulty, a 12-year real estate pro and proud military veteran, has a deep respect for the people she serves and works with. She prides herself on her communication skills and reliability. After spending…
Above: Ashton Real Estate Group of REMAX Advantage Co-Founders Gary Ashton and Debra Beagle. Talk about traveling to the beat of a different drum… Linda Ronstadt may have famously sung the words, but Gary Ashton has lived them, almost quite literally. While Ashton never garnered gold records as a rock band drummer, he’s achieved incredible…
Above, L-R: Sandy Karpen, Dan Porter, Nate Martinez, Melissa Dierks, Jamie Wong and Greg Remmers. REMAX Fine Properties has announced a strategic merger with REMAX Solutions. The expanded Arizona-based brokerage will now include more than 400 agents operating across 10 office locations statewide, with projected annual sales production beyond 3 billion, per the company. “This…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judge dismisses most claims in Louisiana three-way agreement antitrust suit A federal judge dismissed most of the claims in an antitrust lawsuit brought by four Louisiana real estate brokers who challenged the National…
Per a filing with the Securities and Exchange Commission (SEC) and court documents, REMAX has reached a settlement agreement in the Batton commission lawsuit (the first and largest by homebuyers) and will pay $8.5 million to resolve claims that it implemented and enforced rules that harmed buyers. The news comes the day after Judge LaShonda…
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…
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