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REMAX Earnings Dip Amid Merger Vote | Real Estate News
REMAX Holdings’ Q2 earnings reveal a troubling slide: revenue down 5.8% to $68.5M, net loss of $4.3M, as U.S. agents hit a two-year low and mortgage income dips. While global agent numbers climb—driven by international expansion—the North American footprint shrinks. REMAX blames new fee models and smaller agent teams, but broker fees rose thanks to higher transaction volumes. Meanwhile, The Real Brokerage surges with 30% revenue growth to $700M, despite a net loss tied to merger prep. With shareholders voting August 14 on a potential merger, REMAX stands at a crossroads—balancing shaky…
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