The Real Brokerage Inc. and RE/MAX Holdings, Inc. announced that the securityholders of both companies have approved Real’s proposed acquisition of RE/MAX. Once finalized, the two companies will combine to form a holding company, Real REMAX Group.
“We’re grateful for the strong support from securityholders of both companies, and appreciate the confidence this signals in our vision for a more connected, innovative real estate ecosystem,” said Tamir Poleg, Real Chairman and Chief Executive Officer. “Together, through Real REMAX Group, we’ll have the scale, talent and resources to invest more, build faster and create even greater value for the more than 180,000 real estate professionals who choose our brands, and for the clients they serve.”
Approximately 99% of Real shareholders voted in favor of the acquisition, with 78.8% of RE/MAX holders voting to approve the deal. The transaction is still subject to closing conditions, as well as a final order of the Supreme Court of British Columbia, which is expected to occur over the coming weeks.
Together, upon closing, Real REMAX Group will support more than 180,000 real estate professionals across more than 120 countries and territories, representing approximately $2.3 billion in pro forma 2025 revenue and $157 million in adjusted EBITDA before synergies. Real stated that it expects the combined company will “have the scale and financial strength to invest in technology, AI, education and innovation while continuing to support the distinct brands, business models and communities that have made Real and RE/MAX Holdings leaders in real estate.”
“Today’s vote is an important milestone for REMAX franchise owners and the broader REMAX network,” said Erik Carlson, RE/MAX Holdings Chief Executive Officer. “This combination provides the opportunity to strengthen the value for Broker/Owners and their agents while preserving the entrepreneurial culture, local leadership and trusted REMAX brand that have fueled success for more than 50 years.”