Top-Producing Real Estate Brokerage in Rhode Island Aligns with REMAX for Agent-Focused Future

REMAX (NYSE:RMAX) announced the conversion of HomeSmart Professionals to REMAX Revolution, adding a six-office, 300-agent brokerage in Rhode Island to its global network on March 10, 2026.

Rhea-AI Summary

REMAX (NYSE:RMAX) announced the conversion of HomeSmart Professionals to REMAX Revolution, adding a six-office, 300-agent brokerage in Rhode Island to its global network on March 10, 2026. The move emphasizes REMAX's brand strength, global reach, and agent-focused technology.

REMAX highlighted its scale with more than 145,000 agents and 8,500 offices in over 120 countries, and cited recent high-performing brokerage conversions in North America and beyond.

Positive

• Adds 300 agents across six offices in Rhode Island
• Expands REMAX network already at 145,000+ agents globally
• Strengthens Rhode Island market share through local conversion
• Leverages REMAX global footprint spanning 8,500+ offices

Negative

• None.

Argus Mar 10 session

-3.65% close to close Open Argus

Details

News Market Reaction – RMAX

On Mar 10, the day this news came out, RMAX closed 3.65% below the previous close.

Data tracked by StockTitan Argus for the Mar 10 session.

Market Context

This announcement highlights REMAX’s ongoing expansion, bringing a six‑office, 300‑agent Rhode Islan...

Analysis

This announcement highlights REMAX’s ongoing expansion, bringing a six‑office, 300‑agent Rhode Island brokerage into its network and reinforcing its global scale of more than 145,000 agents, 8,500 offices, and presence in over 120 countries and territories. In recent months, the company reported new international franchises, leadership changes, housing market data, and detailed Q4 and full‑year 2025 results. Investors may watch how continued brokerage conversions translate into agent count, revenue trends, and overall profitability.

Key Figures

Agents in RI conversion: 300 agents Offices in RI conversion: 6 offices Global agent count: 145,000+ agents +2 more

Agents in RI conversion

300 agents

HomeSmart Professionals brokerage moving to REMAX network

Offices in RI conversion

6 offices

Former HomeSmart brokerage locations joining REMAX as REMAX Revolution

Global agent count

145,000+ agents

REMAX worldwide network size cited in article

Global office count

8,500+ offices

REMAX worldwide office footprint

Countries and territories

120+ countries and territories

Global reach of REMAX brand

Historical Context

5 past events · Latest: Feb 26

5 events

1. Feb 26

   Global convention, products

   24h Move

   -3.4%

   R4 convention showcased new tech products and highlighted global agent network scale.

2. Feb 19

   Earnings release

   24h Move

   -3.2%

   Reported Q4 and full-year 2025 revenue, GAAP earnings, Adjusted EBITDA and guidance.

3. Feb 18

   Leadership changes

   24h Move

   +2.0%

   Promoted Chris Lim to President and Chief Growth Officer, adding global sales leaders.

4. Feb 17

   Housing report

   24h Move

   -0.3%

   January 2026 housing data on sales, listings, inventory, prices and days on market.

5. Feb 10

   Global expansion

   24h Move

   -7.9%

   Announced new master franchise in Libya and a new office in Baku, Azerbaijan.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

transaction sides

1 terms

transaction sides financial

"As measured by residential transaction sides."

Transaction sides are the distinct parties involved in a deal—the buyer side and the seller side, or more broadly any groups taking opposing roles in a financial transaction. Investors care because who is on each side (their motives, size, resources and reputations) affects price, risk and likelihood the deal will close; think of it like knowing whether a buyer is a casual shopper or a determined bidder at an auction, which changes the outcome.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Six-office, 300-agent former HomeSmart brokerage moves to REMAX for brand strength, global reach and technology advancements

DENVER, March 10, 2026 /PRNewswire/ -- REMAX^®, the No. 1 name in real estate¹, continues its growth mission and welcomes HomeSmart Professionals, one of the largest brokerages in Rhode Island to the REMAX brand. Owned and operated by Dean deTonnancourt, the brokerage will now operate as REMAX Revolution, bringing more than 300 agents from six offices into the network.

REMAX, with more than 145,000 agents and more than 8,500 offices in over 120 countries and territories, is the most productive real estate network in the world² and is known for its global footprint as well as its top-tier brand recognition, innovative technology enhancements and progressive brand refresh.

"Dean and his agents add to the leading market share REMAX has in Rhode Island, and we're excited to welcome them into the global REMAX community," said REMAX CEO Erik Carlson. "Dean's decision to convert his operation echoes the moves of several other Broker/Owners this past year. They're seeing the massive value REMAX offers their agents – for both now and the future."

deTonnancourt, a former REMAX agent himself, built his brokerage with the agent at the center of every decision and says that philosophy will continue as the company aligns with the REMAX brand.

"REMAX is truly agent-focused," said deTonnancourt. "The branding, marketing, and tools are all built and designed with the agent in mind."

With more than three decades in real estate, deTonnancourt spent seven years of his career as a REMAX agent before becoming a broker and bringing the Keller Williams brand to Rhode Island in 2000. In early 2014, he pioneered yet another unknown brand to the marketplace, launching HomeSmart Professionals, the franchise's first location on the East Coast and now says he's excited to return to a brand known for its No. 1 brand awareness.¹

"REMAX stands out not only for its tools, but especially for its brand recognition," deTonnancourt said. "As a broker, having access to a larger network and robust resources for both myself and my agents is critical. The global reach of the REMAX brand makes this move an easy choice."

This conversion is the latest of several high-performing brokerages choosing to join REMAX for its global network, productive agent mindset, brand strength and innovative technology. Recent conversions include:

• REMAX Your Community Realty and REMAX Connect Realty in Toronto, Ontario, Canada – the largest conversion in REMAX history
• REMAX Welcome Home in St. John's, Florida
• REMAX Hawaii in Honolulu, Hawaii

Globally, REMAX continues to grow with recent expansions into six nations.

1 Source: MMR Strategy Group study of unaided awareness. 2 As measured by residential transaction sides.

About the REMAX Network

As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 145,000 agents in more than 8,500 offices and a presence in more than 120 countries and territories. Nobody in the world sells more real estate than REMAX, as measured by residential transaction sides. REMAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. REMAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network^® and other charities. To learn more about REMAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about REMAX, please visit news.remax.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/top-producing-real-estate-brokerage-in-rhode-island-aligns-with-remax-for-agent-focused-future-302709773.html

SOURCE RE/MAX, LLC

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did REMAX announce about HomeSmart Professionals (RMAX) on March 10, 2026?

REMAX announced HomeSmart Professionals will convert to REMAX Revolution, bringing 300 agents into REMAX. According to the company, the six-office brokerage joins to access REMAX's brand, global network, and agent-focused technology and marketing resources.

How many agents and offices did the HomeSmart Professionals conversion add to REMAX (RMAX)?

The conversion added 300 agents across six offices to REMAX's network. According to the company, this move enhances local market share while tapping REMAX's 145,000+ agent global platform and tools.

Why did Dean deTonnancourt choose to align HomeSmart Professionals with REMAX (RMAX)?

He cited REMAX's brand recognition, marketing, and agent-centric tools as the primary reasons. According to the company, the move aims to provide agents broader resources, technology, and global reach for future growth.

What scale does REMAX (RMAX) report after the conversion announcement in March 2026?

REMAX reports a global network of more than 145,000 agents and over 8,500 offices in 120+ countries. According to the company, that scale supports cross-border reach and high brand awareness for joined brokerages.

Does the March 10, 2026 announcement specify immediate financial impacts for REMAX (RMAX) shareholders?

No immediate financial metrics or guidance were specified in the announcement. According to the company, the release focuses on strategic brand and agent benefits rather than near-term financial figures.

Have other brokerages recently converted to REMAX (RMAX) as noted in March 2026?

Yes; recent conversions cited include large brokerages in Toronto, St. John's Florida, and Honolulu Hawaii. According to the company, these conversions illustrate an ongoing trend of high-performing brokerages joining REMAX.