Overview
- Real reported strong second-quarter results on Thursday, with revenue up 30% to $700.6 million, adjusted EBITDA rising to $27.6 million and a net loss of $8 million driven largely by $11.6 million in acquisition costs.
- The company said agent headcount grew about 26% year over year to 35,348 and closed transactions hit a record 62,380, giving Real momentum it says supports the proposed deal.
- RE/MAX filed SEC results showing weaker Q2 performance, with revenue down 5.8% to $68.5 million and a net loss of $4.3 million as it prepares for the planned sale.
- Integration planning is underway with an integration management office in place and leadership teams assigned, and Real expects roughly $30 million in cost synergies within three years of closing.
- Both companies have scheduled separate special shareholder votes for Aug. 14, 2026, and the deal remains subject to shareholder approval and customary closing conditions for an expected H2 2026 close.