MergerMay 8, 2026, 06:56 AM

RE/MAX Holdings to be Acquired by The Real Brokerage Inc.

AI Summary

RE/MAX Holdings announced a definitive merger agreement to be acquired by The Real Brokerage Inc., forming Real REMAX Group, with the transaction expected to close in the second half of 2026. Shareholders will have the option to receive 5.154 shares of Real REMAX Group or $13.80 in cash per share, subject to proration. Concurrently, the company reported its first quarter 2026 financial results, with total revenue decreasing 5.7% to $70.2 million and a net loss of ($9.7) million, while Adjusted EBITDA fell 19.3% to $15.6 million.

Key Highlights

RE/MAX Holdings to be acquired by The Real Brokerage Inc. in a definitive merger agreement.
RE/MAX Holdings shareholders can elect 5.154 shares of Real REMAX Group or $13.80 in cash per share.
Q1 2026 Total Revenue decreased 5.7% to $70.2 million compared to Q1 2025.
Q1 2026 Net loss attributable to RE/MAX Holdings was ($9.7) million, widening from ($2.0) million in Q1 2025.
Q1 2026 Adjusted EBITDA decreased 19.3% to $15.6 million.
Q1 2026 Adjusted EPS was $0.16, down from $0.24 in Q1 2025.
Total agent count increased 2.1% to 149,192 agents as of March 31, 2026.
U.S. and Canada combined agent count decreased 2.3% to 73,292 agents.

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RMAX

Real Estate

RE/MAX Holdings, Inc.

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