The Real Brokerage Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
5analysts covering
FY Revenue (est.)
$2.4Bnext fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 5 Nov 2026 |
Monitoring Framework
Key Performance Indicators
Total Agent Count Quarterly33.5KTarget: Continued expansion through organic recruitment and the proposed RE/MAX acquisition (pro forma combined agent count of 180,000+)
Closed Transactions Quarterly41.9KTarget: Scale transaction volume to drive top-line growth and leverage fixed operating costs
Quarterly Revenue Quarterly465.6MTarget: Targeting full-year FY2026 revenue of approximately $2.4 billion
Adjusted EBITDA Quarterly14.9MTarget: Improve operational leverage and target positive pro forma adjusted EBITDA of $157 million post-RE/MAX integration
Watch Items
- RE/MAX Holdings Acquisition IntegrationTrigger: Closing expected in the second half of 2026; target of $30 million in initial cost synergiesAction: Monitor regulatory approvals, shareholder votes, and post-merger integration milestones to ensure synergy capture and prevent agent attrition.
- Ancillary Services Attachment RatesTrigger: 1% mortgage attachment (~$25 million revenue potential) and 1% title attachment (>$10 million revenue potential)Action: Track agent adoption of One Real Title, One Real Mortgage, and Real Wallet fintech products to drive higher-margin revenue streams.
- Commission Margin CompressionTrigger: Declining gross margin through the year as more agents reach their commission capsAction: Optimize back-office operational costs and scale ancillary services to offset seasonal and cap-driven gross margin compression.
Research as of 19 Jun 2026