Real, REMAX shareholders approve acquisition
The proposed M&A received “strong support,” Real’s CEO said, and RE/MAX Holdings CEO Erik Carlson called the vote “an important milestone” for franchise owners.
The Real Brokerage's proposed purchase of RE/MAX Holdings cleared a key hurdle today as investors of both companies voted to approve the deal.
The $880 million acquisition, first announced in late April, has also been greenlit by antitrust regulators at the DOJ.
Investors overwhelmingly support deal: During special meetings on Aug. 14, investors of both Real and REMAX voted in favor of the acquisition.
The M&A was backed by 99% of Real shareholders, while nearly 79% of REMAX shareholders voted to approve the deal, according to a news release. Real told investors last month that its board was unanimously recommending voting in favor of the acquisition.
What the CEOs had to say: Real CEO Tamir Poleg and REMAX CEO Erik Carlson applauded the votes in statements after the Friday meetings.
"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," Poleg said, adding that the combined company will "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."
The votes mark "an important milestone" for the broader REMAX community, according to Carlson.
"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," Carlson added.
What happens next: Now that the deal has been cleared by federal regulators and received investors' backing, it could close in as soon as two weeks, pending transaction approval by the Supreme Court of British Columbia and other closing conditions.
Under the acquisition agreement, the combined companies are set to begin operating as Real REMAX Group. The REMAX brand will remain, and Motto Mortgage, REMAX's mortgage business, will also retain its name.
Poleg will serve as CEO of the combined company, which will be based in Miami with continued operations at REMAX's current Denver headquarters.
How we got here: Real and REMAX announced the acquisition on April 27, less than four months after Compass closed its blockbuster acquisition of Anywhere. The Real-REMAX deal unites a franchise giant with a fast-growing cloud-based brokerage, with Real serving as the fifth-largest brokerage by sales volume in 2025, according to T3 Sixty data.
In media appearances after the April announcement, Poleg and Carlson described the deal as "an accelerator" for both firms' business strategies. Poleg has also said that he anticipates Real's tech stack will help REMAX agents boost their productivity.