Real Brokerage Acquires Re/Max in $13.80-a-Share Deal
businessreal-estate 2 posts · 2 accounts
Real Brokerage is acquiring Re/Max Holdings in a deal valued at $13.80 a share, or roughly $550 million, combining a tech-focused brokerage with one of the best-known brands in US residential real estate.
The transaction is the latest sign of consolidation in the US real estate brokerage industry as firms pursue scale in a challenging housing market.
From the sources (2 posts)
@wsjExclusive: Real-estate firm Re/Max Holdings is set to be sold to tech-focused The Real Brokerage in a deal valued at roughly $550 million
@businessReal Brokerage is acquiring Re/Max Holdings in a deal valued at $13.80 a share, in the latest example of consolidation in the US real estate brokerage industry