Compass. Keller Williams. Real.
The proposed combination between the Real Brokerage and REMAX — if approved later this year — would continue an ongoing consolidation trend in real estate and reposition the top three enterprises in the industry, according to key metrics tracked by industry insiders.
Real and REMAX announced on Monday that The Real Brokerage, Inc. had agreed to acquire REMAX Holdings, Inc. in a deal valued at roughly $880 million.
While the merger, which is expected to close in the second half of this year, wouldn’t upend the industry, it would cement Real in the top three real estate enterprises by scale, after Compass International Holdings and Keller Williams.
Using data obtained and presented by T3 Sixty via its Real Estate Almanac earlier this month, Inman created an interactive tool that shows the top enterprises in the U.S. The tool can be viewed to highlight the data before and after the Real-REMAX merger.
Viewing data among enterprises is a way to compare single-owned brokerages like Real and Douglas Elliman to franchisors, which can include thousands of individual franchises.
REMAX was already among the top three enterprises for volume and sides, according to the data.
If the merger closes, the combined company will be much closer to Keller Williams Realty in size and scale. Both brands would continue to trail behind Compass across all metrics.
The merger would also continue Real’s position as one of the fastest-growing brands in real estate, while halting REMAX’s recent slide in the U.S.
Real is growing quickly for sales volume, sides and agent count, according to the 2025 data. In contrast, REMAX’s volume, sides and U.S. agent count have declined in recent years, the data show.
Industry leaders have been bracing for the continuance of high-profile mergers. Compass ballooned into a megabrokerage after first acquiring @properties in 2025, then closing on its acquisition of Anywhere Real Estate earlier this year to form Compass International Holdings.
In March 2025, Rocket Companies announced that it would acquire the real estate brokerage and search platform Redfin.
