Securityholders of both The Real Brokerage Inc. and Re/Max Holdings Inc. voted to approve Real’s proposed acquisition of Re/Max Holdings at special meetings held Friday, moving the two companies closer to forming the Real Remax Group.
The approval follows the companies’ announcement in April of a US$880-million deal that would combine Real’s technology-powered brokerage platform with Remax’s global franchise network.
Vote breakdown
The special resolution approving the arrangement was backed by 99 per cent of votes cast by Real shareholders, and 98.9 per cent of votes cast by Real shareholders, optionholders and restricted share unit holders voting together as a single class. Holders of 78.8 per cent of the voting power of Re/Max Holdings common stock also voted in favour.
Deal still subject to closing conditions
The transaction still requires the final order of the Supreme Court of British Columbia approving the deal, among other conditions. In a statement, the companies said they expect the deal to close within “the next couple of weeks.”
Once complete, Real Remax Group will support more than 180,000 real estate professionals across more than 120 countries and territories. On a pro forma basis, the combined company reported about $2.3 billion in 2025 revenue.
“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, called the vote “an important milestone” for franchise owners and the broader 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 fuelled success for more than 50 years,” Carlson said.
Jordana is the editor of Real Estate Magazine. You can reach her by email.
