Real Estate Giants Merge
Real and RE/MAX Shareholders Overwhelmingly Approve Acquisition, Forming New Global Real Estate Platform.
Key Points
During the August 14, 2026 special meetings, Real approved issuing new Class A shares to RIHI, Inc. and the adoption of the merger agreement to acquire RE/MAX Holdings, clearing major corporate steps ahead of forming Real REMAX Group.
TipRanks’ Spark AI Analyst rates RE/MAX Holdings (RMAX) as Neutral, noting a mix of positives (a de-risked balance sheet and positive cash flow) and negatives (net losses and soft multi-year revenue trends), with valuation hampered by a high price-to-earnings multiple.
SEC filings detail meeting participation, including 135,750,781 common shares representing 62.29% of outstanding common shares being present or represented, along with counts for options and RSUs.
In its quarterly context, Real posted Q2 revenue of $700.6 million, up 30% year over year, while REMAX revenue declined 5.8% in Q2 and its U.S. agent count was at a multi-year low.
Shareholders of both The Real Brokerage Inc. and RE/MAX Holdings voted overwhelmingly to approve Real's $880 million acquisition of RE/MAX, clearing a major hurdle toward forming Real REMAX Group Inman Real Estate News. The deal received backing from roughly 99% of Real's shareholders and 78.8% of RE/MAX Holdings common stockholders during special meetings held August 14, 2026 HousingWire.
Once all closing conditions are met — including a final order from the Supreme Court of British Columbia — the combined company is expected to support more than 180,000 real estate professionals across 120-plus countries, with pro forma 2025 revenue around $2.3 billion TipRanks.
How the Votes Broke Down at Both Companies
At Real's special meeting, shareholders representing 62.29% of outstanding common shares — totaling 135,750,781 shares — were present or represented TipRanks. Of those, approximately 99% backed the deal. Real shareholders approved two key items: issuing new Class A shares to RIHI, Inc. and adopting the merger agreement HousingWire.
On the RE/MAX side, 78.8% of common stockholders voted yes Real Estate News. That margin is notably lower than Real's near-unanimous result, but still well above the threshold needed to proceed. Votes from options and RSU holders were also counted and detailed in SEC filings TipRanks.
What Closing Looks Like and When It Could Happen
The deal is not done yet. It still needs a final court order from the Supreme Court of British Columbia before it can officially close Inman. Once that order comes through and remaining regulatory steps are satisfied, closing is expected within a few weeks Real Estate News.
When closed, Real REMAX Group will be a technology-focused global real estate platform. Both companies' CEOs said the merger will preserve the entrepreneurial cultures of both brands while unlocking more value for franchise owners and their clients HousingWire TipRanks.
Real Is Growing Fast While RE/MAX Has Been Shrinking
The two companies arrive at this merger from very different places. Real posted Q2 2026 revenue of $700.6 million, up 30% year over year HousingWire. That kind of growth shows why Real can afford to make a major acquisition right now.
RE/MAX told a different story. Its Q2 revenue fell 5.8%, and its U.S. agent count sat at a multi-year low TipRanks. TipRanks' Spark AI rated RE/MAX Holdings as Neutral, flagging net losses and soft revenue trends as concerns, even as its balance sheet improved and cash flow turned positive.
A $2.3 Billion Platform Built on Tech and Agent Support
The combined Real REMAX Group is projected to generate about $2.3 billion in pro forma 2025 revenue and $157 million in adjusted EBITDA before synergies TipRanks. Leaders at both companies said that number could grow as shared technology, education tools, and back-office support are rolled out across agents.
Real's leadership framed the deal as building a larger, more connected ecosystem for agents and brokers worldwide Inman. With more than 180,000 real estate professionals across 120 countries, the combined brand would rank among the largest real estate networks on the planet.
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