Real Brokerage Shareholders Approve REMAX Acquisition

Shareholders of The Real Brokerage Inc. and REMAX Holdings Inc. have approved Real's proposed acquisition of REMAX, a significant step toward the formation of the combined entity, Real REMAX Group. The approvals were granted during special meetings held on Friday, with the transaction first announced in April 2026. This strategic merger aims to integrate Real's technology-centric brokerage platform and agent network with REMAX's extensive global franchise system and established brand.

The shareholder votes demonstrated overwhelming support for the acquisition. Approximately 99% of the votes cast by Real shareholders were in favor of the arrangement. Similarly, 98.9% of Real shareholders, optionholders, and restricted share unit holders, voting collectively, approved the deal. At REMAX Holdings, approximately 78.8% of the voting power of common stock was exercised in favor of the acquisition. Despite these strong endorsements, the transaction remains contingent on fulfilling remaining closing conditions. A critical condition includes obtaining a final order from the Supreme Court of British Columbia to approve the arrangement aspects of the deal.

Both companies anticipate that the closing of the acquisition will occur shortly after all stipulated closing conditions are met, with expectations that this will happen within the next couple of weeks. Upon completion, Real REMAX Group is projected to encompass a vast network of over 180,000 real estate professionals operating in more than 120 countries and territories worldwide. The combined entity is forecasted to generate approximately $2.3 billion in pro forma revenue for 2025. Furthermore, it is expected to achieve $157 million in adjusted EBITDA before the realization of any synergies. This financial projection highlights the anticipated scale and profitability of the merged organization.

Leadership from both companies has emphasized that this vote represents a crucial advancement in their objective to construct a larger-scale platform. This platform is intended to provide enhanced technology, comprehensive education, and robust support services tailored for real estate agents and brokers. Tamir Poleg, chairman and CEO of Real, expressed gratitude for the substantial backing from the securityholders of both companies. He stated that this confidence signals a shared belief in their vision for a more interconnected and innovative real estate ecosystem. The integration is expected to foster greater collaboration and leverage the strengths of both organizations to drive future growth and service innovation within the industry.