Real Brokerage for New Agents: Public Facts and Questions to Ask
Short answer. Real Brokerage is a software based brokerage owned by The Real Brokerage Inc. Its 2025 annual filing says agents receive 85% of gross commission, with a yearly cap generally set at US$12,000, plus a revenue share program. This page lists public facts and questions to ask. It does not rank brokerages.
The short version
A new agent in Texas has many brokerages to compare. This page collects public facts about Real Brokerage so you can compare it with any other brokerage on the same terms.
We do not give an opinion on Real Brokerage. We use the company's own SEC filings, and we label each fact with its source and check date. The Bauer Group is also a brokerage, so we compete with Real Brokerage. Read with that in mind.
Education only, not legal, tax or financial advice. Confirm licensing rules with TREC.
Public facts table
All rows come from filings by The Real Brokerage Inc. on SEC EDGAR. We checked them on October 14, 2026.
| Topic | What the company published |
|---|---|
| Company | The Real Brokerage Inc. The annual information form says it "was incorporated under the laws of the BCBCA on February 27, 2018" |
| Texas history | The same form says "Real began operations in Texas in 2014" |
| Headquarters | The form lists its principal executive office at 701 Brickell Avenue, 17th Floor, Miami, Florida |
| Agents | The form says "As of December 31, 2025, 31,739 real estate agents were affiliated with Real or its subsidiaries." A later report says the number "increased to 35,348 at the end of the second quarter of 2026" |
| Reach | The form says it "operates as a software-based brokerage across all 50 U.S. states, the District of Columbia, and five Canadian provinces." Texas is covered |
| Commission | The form says "Agents receive 85% of the gross commission earned on a completed transaction" |
| Annual cap | The form says "The annual commission cap is generally US$12,000 for agents operating in the United States" |
| After the cap | The form says agents "generally must pay per-transaction fees," described as a transaction processing fee and a compliance and broker review fee |
| Revenue share | The form describes payments "under which eligible agents and brokers may earn a portion of the Company's retained commissions," subject to program terms |
| Technology | The form names "reZEN, its proprietary transaction management and brokerage operations software" |
A change to know about
In April 2026 Real Brokerage announced a deal to combine with RE/MAX Holdings. A filing dated August 24, 2026 says the mergers took effect that day and names the new parent as Real REMAX Group Inc.
The company has said the two brands would run as separate businesses. Terms for agents can change after a merger, so ask for the current written terms before you decide.
How this type of brokerage works
Real Brokerage is usually grouped with cloud or software based brokerages that also offer a revenue share program. In this model an agent often keeps most of each commission up to a yearly cap, and works from home with online tools instead of an office. Features vary by company, so check each one.
In a revenue share program, an agent who brings other agents to the company may earn a share of what the company keeps from those agents' sales. The company sets the terms, so read its current written terms.
Our guide on types of brokerages and their trade-offs compares this model with others.
What the company says about its own risks
Public filings list risks. A risk line is not a finding of fault. We quote two lines as written.
- The filing has a risk heading that reads "The Company may be unable to maintain its agent growth rate."
- It also says "There is no assurance that the Company will be able to maintain its recent agent growth rate."
What agents and reviewers say
Review data was limited when this page was written. We could not load a public review source that allows reading, so we are not reporting review counts, scores or quotes. We will not guess what agents think.
To hear from real agents, ask the brokerage for two or three agents in your market who joined in the last year. Ask each what surprised them. Ask the same of every brokerage you compare.
Questions to ask before you decide
These are our planning questions, not TREC rules. Ask every brokerage the same ones.
- What is every fee, and when is each one due? Ask for the current fee list in writing.
- What do I pay after I reach the yearly cap?
- How is my commission paid, and how fast after closing?
- How does the revenue share program work, and do I need to take part?
- Who answers my Texas contract questions, and how quickly?
- What training is there for a new agent in the first 90 days?
- How do leads reach agents, if at all? Ask for it in writing.
- What changed for agents after the merger, and what may change next?
A side by side worksheet
Fill in this table for Real Brokerage and for every other brokerage on your list. Use the company's written answers. This is our own planning tool, not a TREC form.
| Question | Brokerage A | Brokerage B |
|---|---|---|
| Every fee I would pay, and when | ||
| Split or fee per deal, and the yearly cap | ||
| How the revenue share program works, if any | ||
| How and when I am paid after closing | ||
| Training in my first 90 days | ||
| Who answers contract questions | ||
| What happens to my deals if I leave |
Who may want to look closer, and who may want to compare more
We do not say who should join any brokerage. These are questions that help you decide for yourself.
You may want to look closer at a software based model if you are comfortable working from home with online tools and want to know your cost per deal.
You may want to compare more if you want an office to walk into, a mentor next to you, or a local team. Ask yourself where you will get answers on a hard contract at 6 p.m. on a Friday.
How we wrote this
Sources: the Real Brokerage Form 40-F annual filing for 2025 and its annual information form, a second quarter 2026 report, and a post-effective amendment filed August 24, 2026, all on SEC EDGAR, checked October 14, 2026. The fee terms above are as published by the company in those filings on that date. The company website did not return readable text, so we do not use it.
Experiences vary by office and team. If you see an error, write to agents@joinbauergroup.com. We apply corrections within 2 business days.
Comparing options?
Ask any brokerage the same questions. Our guides on choosing a brokerage in Texas and what a sponsoring broker does can help you set up your list.
Common questions
What kind of brokerage is Real Brokerage?
It is a software based brokerage owned by The Real Brokerage Inc. Its filings describe a commission share for agents, a yearly cap and a revenue share program.
How many agents does Real Brokerage have?
The company's annual information form says 31,739 agents were affiliated as of December 31, 2025. A later report says 35,348 at the end of the second quarter of 2026.
What does Real Brokerage charge agents?
As published in its annual information form: agents receive 85% of gross commission, the yearly cap is generally US$12,000, and per-transaction fees apply after the cap. Terms can change, so ask for current terms in writing.
Does Real Brokerage operate in Texas?
The form says it operates across all 50 U.S. states and says Real began operations in Texas in 2014.
Did Real Brokerage merge with RE/MAX?
A filing dated August 24, 2026 says the mergers took effect that day, with Real REMAX Group Inc. as the new parent. Ask for current terms.
Sources
- SEC EDGAR: The Real Brokerage Inc. Form 40-F for 2025, annual information form, filed March 4, 2026 (checked October 14, 2026)
- SEC EDGAR: Real Brokerage second quarter 2026 report, filed August 6, 2026 (checked October 14, 2026)
- SEC EDGAR: Post-effective amendment filed August 24, 2026 (checked October 14, 2026)
Education only. Not legal, tax or financial advice. Confirm licensing rules with the Texas Real Estate Commission. Results vary and depend on effort, market and lead performance.