Welcome to our dedicated page for Real Brokerage news (Ticker: REAX), a resource for investors and traders seeking the latest updates and insights on Real Brokerage stock.
Real Brokerage Inc. (REAX) is a forward-thinking, technology-driven real estate brokerage firm. The company is dedicated to enhancing the real estate experience by leveraging advanced technologies that cater to both mobile and desktop users. Real Brokerage Inc. offers a unique, cloud-based platform that streamlines operations for its agents, allowing them to deliver a seamless, end-to-end experience to homebuyers and sellers. This platform integrates various tools that improve efficiency and empower real estate agents to better serve their clients.
With the majority of its revenue generated from the United States, Real Brokerage Inc. has established a significant presence in the American real estate market. The company's innovative approach includes the development and integration of cutting-edge technologies, which help reduce operational costs and increase productivity. Real Brokerage Inc. continuously invests in technological advancements to stay ahead in the competitive real estate industry.
Recent achievements include the expansion of their agent network, enhancements to their cloud-based platform, and strategic partnerships aimed at furthering their technological and operational capabilities. The company remains focused on providing top-notch services to its agents and clients, ensuring that both homebuying and selling processes are as smooth and efficient as possible.
In conclusion, Real Brokerage Inc. stands out in the real estate brokerage sector through its commitment to technological innovation and superior agent support. By continuously improving its platform and expanding its reach, the company aims to redefine the real estate experience for all stakeholders involved.
Real Brokerage (NASDAQ: REAX) released its January 2025 Agent Survey showing positive market momentum. The Transaction Growth Index reached 51.3, marking the first time in expansion territory, with U.S. at 50.2 and Canada at 60.5.
The Agent Optimism Index recorded 74.0, near its survey high, with 76% of agents feeling more optimistic about their local market outlook. Market conditions show 36% balanced, 34% seller's market, and 30% buyer's market. Affordability remains the primary challenge at 60%, followed by inventory constraints at 23%.
Lead generation insights reveal 66% of agents rely on relationship-driven strategies, with 42% focusing on referrals and networking. 61% of agents spent under $5,000 on marketing in 2024. Looking ahead, 47% plan to increase marketing budgets in 2025, while 40% will maintain current levels. Only 31% of agents plan to use residential search portals, with most keeping portal spending under $5,000.
Real Brokerage (NASDAQ: REAX) announced that YEGPro Realty, Edmonton's top-producing independent brokerage, has joined their platform. The addition of YEGPro's 57 agents pushes Real's presence in Alberta beyond 1,000 agents. Led by Jessie McCracken and Will Hickey, YEGPro has achieved $1.4 billion in home sales since 2021.
YEGPro, which was acquired by McCracken and Hickey in 2017 as a three-agent brokerage, has grown to become Edmonton's leading independent brokerage. The firm is known for its strong focus on agent training, mentorship, and ability to attract top performers. McCracken consistently ranks among the top 5% of the region's producing agents.
The Real Brokerage (NASDAQ: REAX) has scheduled its fourth quarter and full year 2024 earnings conference call for Thursday, March 6, 2025, at 8:30 a.m. ET. The financial results will be released before the market opens on the same day.
The company will provide two ways to access the call: via telephone dial-in and through an audio webcast. The webcast will be available on the company's Investor Relations website, and a replay will be accessible for one year. North American participants can dial toll-free at 888-506-0062, while international callers can use 973-528-0011, with access code 951707.
Real Brokerage (NASDAQ: REAX) has reached 25,000 agents, with January 2025 projected to be its fastest growth month ever, adding nearly 1,000 agents monthly in 2024. The company operates across all 50 U.S. states and four Canadian provinces, offering agents proprietary technology through its reZEN platform.
Real has recently launched several key programs: Private Label, ProTeams, and Real Wallet. The latter provides financial services including business checking accounts in the U.S. and credit lines in Canada. Notable recent additions include Harvest Realty (550 agents, $2.4B in 2024 sales), The Burgman Group, Spyglass Realty (140 agents, $400M in 2024 sales), and Craft & Bauer Real Estate (60 agents, $512M in sales).
Real Brokerage (NASDAQ: REAX) has released its December 2024 Agent Survey, showing increased optimism for market recovery in 2025. The Agent Optimism Index reached a new high of 76.4, with 81% of agents feeling more optimistic about their local market outlook.
The survey revealed notable stability in commission rates. In the US, 55% of agents reported no significant changes in buy-side commission rates, while 64% noted stable listing-side rates in 2024. Looking ahead to 2025, 52% expect buy-side rates to remain steady, and 60% anticipate stable listing-side commissions.
Market conditions show a balanced distribution: 30% of agents describe their market as buyer-dominated, 30% as seller-dominated, and 40% as balanced. Affordability remains the primary concern for homebuyers, cited by 59% of agents, followed by inventory constraints at 23%. The Transaction Growth Index showed modest contraction at 47.7 in December, with Canada maintaining expansion at 56.7 while the US slightly declined to 46.8.
The Real Brokerage Inc. (NASDAQ: REAX) has announced that Ryan Rodenbeck's Spyglass Realty is joining Real under their Private Label program. Spyglass, with 140 agents and projected 2024 sales volume of nearly $400 million, will nearly double Real's presence in Austin.
Rodenbeck, host of the #RealtyHack podcast and a nine-time Austin Platinum Top 50 Realtors award recipient, founded Spyglass in 2008. The brokerage has expanded significantly since 2015, recently entering the Houston market. Spyglass has earned notable recognition, including being named Indy Broker of the Year by the Austin Board of Realtors in 2019 and ranking as a Best Place to Work by the Austin Business Journal for five consecutive years.
The Private Label program allows Spyglass to maintain its brand identity while accessing Real's technology and compensation programs. This strategic move aims to enhance Real's growth in central Texas while expanding Spyglass's capabilities.
Real Brokerage (NASDAQ: REAX), a technology platform transforming real estate services, has announced its participation in the 27th Annual Needham Growth Conference. Chairman and CEO Tamir Poleg will deliver a presentation on Tuesday, January 14, 2025, at 1:30 p.m. ET in New York.
The presentation will be accessible through a live webcast, with a replay available for one year afterward. Interested parties can access the webcast through the provided link or through the investor relations section of Real's website.
The Real Brokerage Inc. (NASDAQ: REAX) has expanded its Florida Space Coast presence by acquiring The Burgman Group. Led by Shane Burgman, a former U.S. Navy Nuclear Submarine Missile Technician, the three-person team has established itself as a top performer with an average of 50 home sales annually, totaling over $200 million in sales during Burgman's 10-year career.
Burgman, who transitioned to real estate in 2015 after serving 10 years in the military, has built a significant social media presence with 22,000 Instagram followers and 5,000 YouTube subscribers, accumulating over 1 million views. At Real, he will join the company's Military Division, specializing in serving Veterans and active-duty service members.
The team was attracted to Real's collaborative community, technology platform, and entrepreneurial focus, including its commission structure and revenue share model.
Real Brokerage (NASDAQ: REAX) announced that Harvest Realty, a Southern California-based independent brokerage, has joined their platform, bringing 550 agents specialized in serving the Chinese community. This addition pushes Real's total agent count above 24,000 across North America.
Harvest Realty, founded in 2014 by Christine Li and John Zhang, has completed 5,210 home sales totaling $6.8 billion, including 1,627 sales valued at $2.4 billion in 2024. The brokerage joins Real under their Private Label program, maintaining their brand while accessing Real's resources and compensation programs.
Harvest's agents will gain access to Real's virtual community platform with automatic translation in over 90 languages, along with revenue share and stock options tied to company success.
The Real Brokerage (NASDAQ: REAX) has released its first-ever Sustainability Report, marking a significant milestone in its commitment to responsible business practices. The report highlights several key initiatives including:
- Enhancement of Leo, an AI-powered virtual assistant for agent productivity
- Expansion of the One Real Impact program supporting agents during hardship
- Implementation of flexible PTO policies for employee well-being
- Development of cybersecurity framework for data protection
With a network of over 23,000 agents across North America, Real's growth strategy emphasizes sustainable practices while leveraging technology to transform the real estate experience for buyers and sellers.
FAQ
What is the current stock price of Real Brokerage (REAX)?
What is the market cap of Real Brokerage (REAX)?
What does Real Brokerage Inc. do?
Where does Real Brokerage Inc. generate most of its revenue?
What makes Real Brokerage Inc. unique?
How does Real Brokerage Inc. support its real estate agents?
What recent achievements has Real Brokerage Inc. made?
How does Real Brokerage Inc. enhance the homebuying and selling experience?
What is the primary focus of Real Brokerage Inc.?
What technologies does Real Brokerage Inc. use?
What kind of support does Real Brokerage Inc. offer to its clients?
How does Real Brokerage Inc. plan to stay competitive in the real estate market?
