Latest / Real Estate News Today | 2 Min News | The Daily News Now!
Real Brokerage Surges Amid REMAX Deal | Real Estate News
Real Brokerage just smashed Q2 revenue with $706 million — a 30% jump from last year — even as the housing market slows, fueled by a 26% surge in agents and strong core profitability. CEO Tamir Poleg is eyeing a major move: acquiring REMAX, which could reshape real estate’s future by merging REMAX’s legacy brand with Real’s cutting-edge AI platform, Leo 2.0. The new version integrates with top CRMs to help agents close faster and smarter, while upcoming mortgage and title integrations promise fresh revenue streams. Though they posted a net loss this quarter, gross profit and EBITDA climbed…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.