The Real Brokerage and RE/MAX—one of the world’s leading franchisors of real estate brokerage services—recently announced that shareholders of both companies approved Real’s proposed acquisition of RE/MAX at their respective special meetings, moving the major consolidation one step closer to finalization.
Upon closing, the combined company will operate as Real REMAX Group, a holding company that brings together Real’s brokerage platform with REMAX’s franchisor network.
“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, chairman and CEO of Real. “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.”
Erik Carlson, CEO of RE/MAX Holdings, added, “Today’s vote is an important milestone for REMAX franchise owners and the broader REMAX network. 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.”
Poleg and Carlson joined RISMedia Founder and CEO John Featherston in a recent RISMedia Industry Briefing, where the company leaders discussed the landmark deal, including how Real’s technology will gel with REMAX’s independent franchises and how the combined company will operate the separate brands.
The special resolution approving the previously announced arrangement was approved by approximately 99.0% of the votes cast by Real shareholders, and 98.9% of the votes cast by Real shareholders, optionholders and restricted share unit holders, voting together as a single class. Holders of approximately 78.8% of the voting power of RE/MAX Holdings common stock voted to approve the acquisition.
The transaction remains subject to the satisfaction of specified closing conditions, including obtaining the final order of the Supreme Court of British Columbia approving the arrangement aspects of the transaction. The parties expect the transaction to close shortly after satisfaction of all closing conditions, which is expected to take place in the next couple of weeks, according to a release.
Upon closing, Real REMAX Group will support more than 180,000 real estate professionals across more than 120 countries and territories. With approximately $2.3 billion in pro forma 2025 revenue and $157 million in Adjusted EBITDA (before projected synergies), the combined company will have the scale and financial strength to invest in technology, AI, education and innovation, according to a press release.
The merger is one of several major consolidations in the industry over the last year or so, notably including Compass’s purchase of Anywhere and a recent deal by eXp for NextHome.
