Real Brokerage Acquires Re/Max for $550 Million
Real Brokerage has agreed to acquire Re/Max for $550 million, with the total deal value reaching $880 million when including debt. The merger will create a new entity, Real Remax Group, led by Real CEO Tamir Poleg. The deal reflects ongoing consolidation in the real estate brokerage sector amid challenging market conditions.
Topics: acquisition brokerage market consolidation Re/Max Real Brokerage real estate