I'm not entirely sure if @extend works the same as a "mixin", but it looks the same.
.myFakeClass(@textColor: #fff, @bgColor: #000 )
{
  color:@textColor;
  background-color:@bgColor;
}
.myRealClass
{
   .myFakeClass();
}
.myRealClass2
{
   .myFakeClass();
}
The out put for this would be the same as what you have above. I added variables in the mixin for easier customization for this mixin.
Example:
.myRealClass3
{
   .myFakeClass(#369, #00f);
}
The output for all three classes would be:
.myRealClass, .myRealClass2
{
    color:#fff;
    background-color:#000;
}
.myRealClass3
{
   color:#369;
   background-color:#00f;
}
Like I said, I'm not entirely sure if there is a big difference between extending a class in SASS and using a mixin in LESS. Hope this helps either way.
Oh, and just to clarify, if the .myFakeClass() class is in a separate .less file that is imported, it will not show up in your CSS unless it is used. I tested this on a website I'm building. I have:
.box-shadow(@a, @b, etc..) {
    box-shadow: @a @b etc..;
    -webkit-box-shadow: @a @b etc..;
    etc: @a...;
 }
The class .box-shadow does not show up in my CSS at all.
Link: http://lucienconsulting.com/gs-news/wp-content/themes/TheStone/css/style.css
However, if you write a mixin like this:
.myMixin{
  background: #000;
  color: #fff;
}
It will show up like a normal class even if not used. Obviously, it looks just like a normal class and could be used by itself, or as a mixin, like so:
.myClass{
   .myMixin;
   border: 1px solid #fff;
}
This would compile to:
.myClass{
  background: #000;
  color: #fff;
  border: 1px solid #fff;
}
It works, but .myMixin would also show up in your style sheet in this case. 
But, like I said, in my original example, it would not.