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Alex Vidal named REMAX president following Real Brokerage acquisition

Created at 1 Sep · 8:36 PM1 source↑ Market-relevant
IN SHORT

Alex Vidal has been appointed president of REMAX, succeeding Chris Lim. Vidal's move follows the recent acquisition of REMAX Holdings by The Real Brokerage, forming the Real REMAX Group. Vidal brings extensive experience in the real estate sector to his new global leadership role.

Key Numbers

29 yearsVidal's real estate experience
145,000+REMAX global agent network
30,000+real estate professionals coached by Vidal

Who's Involved

Alex Vidal
New president of REMAX, formerly brand president of ERA Real Estate
REMAX Holdings
Company acquired by The Real Brokerage
The Real Brokerage
Acquirer of REMAX Holdings, forming Real REMAX Group
Chris Lim
Former REMAX president, now Growth Ambassador for Real REMAX Group
Tamir Poleg
CEO of Real REMAX Group
Jenna Rozenblat
President of Real REMAX Group
Vic Lombardo
Former president of REMAX's mortgage services
Kate Gurevich
President of REMAX's mortgage services
Alex Vidal named REMAX president following Real Brokerage acquisition

↳ Why This Matters

The leadership changes and integration following the Real Brokerage's acquisition of REMAX signal a significant restructuring aimed at leveraging technology and consolidating services to drive growth and efficiency across the combined real estate network.

Key facts

  • Alex Vidal has been appointed president of REMAX.
  • Vidal joins REMAX from ERA Real Estate.
  • The appointment follows the acquisition of REMAX Holdings by The Real Brokerage, creating Real REMAX Group.
  • Vidal replaces Chris Lim, who will serve as Growth Ambassador.
  • Vidal has 29 years of real estate experience and previously led ERA Real Estate.
  • He will lead the REMAX brand globally and report to Real REMAX Group CEO Tamir Poleg.

Alex Vidal has been appointed the new president of REMAX, a move that follows the recent acquisition of REMAX Holdings by The Real Brokerage, which has now formed the Real REMAX Group. Vidal transitions to this role from his previous position as brand president of ERA Real Estate.

Vidal's appointment comes just over a week after the completion of the Real Brokerage's acquisition of REMAX. He succeeds Chris Lim, who had been REMAX president since February and will now serve as the Growth Ambassador for the newly formed Real REMAX Group. Lim expressed pride in his tenure and confidence in the brand's future.

With 29 years of experience in the real estate industry, Vidal is recognized as the first Hispanic president of a major national real estate brand. He will be responsible for leading the REMAX brand globally, overseeing its network of over 145,000 agents. His duties will include driving regional growth, developing services for broker-owners and agents, and contributing to the long-term strategic vision of the brand, reporting directly to Real REMAX Group CEO Tamir Poleg. Poleg highlighted Vidal's deep understanding of the business and his ability to help organizations achieve growth.

In addition to Vidal's appointment, Real REMAX Group has announced other leadership changes. Jenna Rozenblat, formerly Real's COO, has been named president of the Real REMAX Group and is also serving as chief integration officer. Erik Carlson, the former REMAX CEO, has stepped down and joined the Real REMAX board of directors.

Furthermore, the company is halting the growth of its mortgage franchise system, Motto Mortgage, to concentrate investment on a unified, scalable mortgage platform for its agents. This strategic shift has led to the departure of Vic Lombardo, president of REMAX's mortgage services, with Kate Gurevich, CEO of One Real Mortgage, assuming his responsibilities.

Frequently asked questions

Alex Vidal is the new president of REMAX, bringing 29 years of real estate experience. He previously served as brand president of ERA Real Estate.

The Real REMAX Group is the entity formed after The Real Brokerage acquired REMAX Holdings.

Alex Vidal has been appointed as the new president of REMAX, replacing Chris Lim.

The growth of Motto Mortgage is being halted as the company focuses on developing a single, scalable mortgage platform for its agents.

What Happens Next

01Vidal will work with Real REMAX Group leaders to shape the brand's long-term strategic vision.
02Future investment will focus on building a single, scalable mortgage platform for agents.

How It Developed

The Real Brokerage closed its acquisition of REMAX Holdings, forming Real REMAX Group.
Chris Lim departed as REMAX president, becoming Growth Ambassador for Real REMAX Group.
Alex Vidal was appointed president of REMAX, moving from ERA Real Estate.
Jenna Rozenblat was named president of the new Real REMAX Group.
Motto Mortgage, a former REMAX-owned franchise, will halt growth to focus on a single mortgage platform.
Vic Lombardo stepped down as president of REMAX's mortgage services.
Kate Gurevich took over as president of REMAX's mortgage services.

Sources

T1
Alex Vidal joins REMAX as president after Real REMAX dealHousingWire

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