RE/MAX (RMAX) SC 13G/A RE/MAX / MAGNOLIA CAPITAL FUND ownership change

CUSIP NO. 75524W108 13G

EXHIBIT 1

JOINT FILING AGREEMENT

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned agree, as of February 14, 2024, that only one statement containing the information required by Schedule 13G, and each amendment thereto, need be filed with respect to the ownership by each of the undersigned of shares of Class A Common Stock of Re/Max Holdings, Inc., and such statement to which this Joint Filing Agreement is attached as Exhibit 1 is filed on behalf of each of the undersigned.

Dated: February 14, 2024

Magnolia Capital Fund, LP

By:	The Magnolia Group, LLC
	General Partner
By:	/s/ Adam K. Peterson
	Adam K. Peterson, Manager
The Magnolia Group, LLC
By:	/s/ Adam K. Peterson
	Adam K. Peterson, Manager
By:	/s/ Adam K. Peterson
	Adam K. Peterson