Real Brokerage Reports Q2 Growth Amidst REMAX Acquisition

The Real Brokerage reported significant growth in its second quarter of 2026, with revenue reaching $700.6 million, a 30% increase from $540.7 million in the same period of 2025. This expansion occurred while the company advanced its plans to acquire REMAX, a transaction expected to finalize later in the year. Gross profit for the quarter rose by 22% to $58.3 million, and adjusted EBITDA saw a 38% increase, totaling $27.6 million. Despite these gains, the company reported a net loss of $8 million for the quarter. This loss was primarily attributed to $11.6 million in acquisition-related expenses associated with the pending REMAX transaction. Real Brokerage concluded the quarter with $86.6 million in unrestricted cash and short-term investments, maintaining a debt-free status. CEO Tamir Poleg highlighted the company's consistent growth and improved core profitability, even within a challenging housing market, attributing success to supporting real estate professionals in building better businesses. Poleg emphasized that the REMAX acquisition is a pivotal step, bringing REMAX's global brand and experienced agents to complement Real's technology platform and innovative business model. The company experienced substantial agent growth, ending the quarter with 35,348 agents, a 26% increase year-over-year. By August 5, 2026, this number had surpassed 36,000 agents. Closed transactions also saw a notable increase of 27% year-over-year, reaching a record 62,380. The total transaction volume climbed to $26.3 billion, marking a 31% increase. These figures indicate that Real Brokerage is continuing to gain market share at a significant pace, even as the housing market remains subdued. The company's strategy focuses on leveraging its technology and agent support to drive differentiated growth and long-term value. The integration of REMAX is anticipated to further enhance its market position by combining established brand recognition with a modern, AI-enabled platform. The acquisition is expected to create a more robust and competitive entity within the real estate industry, capable of navigating market fluctuations and capitalizing on emerging opportunities. The company's financial discipline, evidenced by its cash reserves and lack of debt, provides a strong foundation for this strategic expansion. The growth in agent numbers and transaction volume underscores the effectiveness of Real's operational model and its appeal to real estate professionals seeking to enhance their businesses.