Court Approves Real Brokerage Combination With RE/MAX Holdings
AI-generated image · Bay Street Wire
The Supreme Court of British Columbia has granted the final order for the proposed arrangement between the two real estate firms.
The Supreme Court of British Columbia has issued a final order approving the proposed arrangement between The Real Brokerage Inc. (NASDAQ: REAX) and RE/MAX Holdings, Inc. (NYSE: RMAX), according to a report from the Financial Post.
The court's decision follows special meetings held on August 14, 2026, where securityholders of Real and stockholders of RE/MAX Holdings approved the acquisition. The transaction is governed by a Merger Agreement and Plan of Merger originally dated April 26, 2026, and subsequently amended on June 12, 2026.
Pending the waiver or satisfaction of remaining closing conditions, the companies expect the deal to close on August 24, 2026.
Real operates as a real estate experience company with a presence in Canada and all 50 U.S. states, supporting more than 36,000 agents. RE/MAX Holdings, founded in 1973 by Gail and Dave Liniger, is a global franchisor with more than 145,000 agents across nearly 8,500 offices in over 120 countries and territories. RE/MAX Holdings also operates Motto Mortgage, a national mortgage brokerage franchise brand with offices in more than 40 U.S. states.