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REAL BROKERAGE INC - REAX STOCK NEWS

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.

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Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) announced its Q2 2023 results, with revenue increasing 65% YoY to $185.3 million. Gross profit increased 91% YoY to $17.8 million. The company achieved adjusted EBITDA profit of $2.6 million, compared to a loss of $583,000 in Q2 2022. Real now has an agent base that is more than twice the size it was a year ago. The number of transactions executed in Q2 2023 grew 72% YoY to 17,537, and the total value of completed real estate transactions grew 66% YoY to $7.0 billion.
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Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) announces Kofi Nartey, a renowned real estate broker for celebrities and luxury homebuyers, as the new national growth leader. Nartey will focus on building visibility for the company, attracting agents, and driving performance. He brings his 12-member Globl RED team to Real and aims to continue growing his team through The Real Brokerage network.
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Real Brokerage Inc. (REAX) to voluntarily delist from the Toronto Stock Exchange and continue trading on the NASDAQ. The decision was made after considering the costs and benefits of maintaining a dual listing, with minimal trading volume on the TSX. The delisting will be effective as of August 11, 2023.
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The Real Brokerage Inc. has expanded its presence in the Dallas-Fort Worth area by adding the Hershenberg Group, a 14-agent team led by Michael Hershenberg. The team is one of the highest producing in North Texas and has consistently ranked among the top producers in the Dallas metro. They had a record month in April 2023 with closed sales of nearly $36 million and are on track to double their sales volume this year. The team also formed Team for New Texans, a network for professionals offering services to families moving to the Dallas-Fort Worth area.
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FAQ

What is the current stock price of REAL BROKERAGE (REAX)?

The current stock price of REAL BROKERAGE (REAX) is $4.79 as of December 24, 2024.

What is the market cap of REAL BROKERAGE (REAX)?

The market cap of REAL BROKERAGE (REAX) is approximately 955.6M.

What does Real Brokerage Inc. do?

Real Brokerage Inc. is a technology-driven real estate brokerage firm that provides a cloud-based platform to enhance the real estate experience for agents, homebuyers, and sellers.

Where does Real Brokerage Inc. generate most of its revenue?

Real Brokerage Inc. generates the majority of its revenue from the United States.

What makes Real Brokerage Inc. unique?

Real Brokerage Inc. stands out due to its use of advanced, integrated technologies that improve efficiencies and empower real estate agents.

How does Real Brokerage Inc. support its real estate agents?

The company provides a comprehensive, cloud-based platform that includes various tools to help agents operate more efficiently and deliver better services to their clients.

What recent achievements has Real Brokerage Inc. made?

Recent achievements include expanding their agent network, enhancing their platform, and forming strategic partnerships to boost technological capabilities.

How does Real Brokerage Inc. enhance the homebuying and selling experience?

By leveraging technology, the company ensures a seamless end-to-end experience for homebuyers and sellers, making the process smoother and more efficient.

What is the primary focus of Real Brokerage Inc.?

Real Brokerage Inc. focuses on using technology to streamline real estate operations and support agents, aiming to redefine the real estate experience.

What technologies does Real Brokerage Inc. use?

The company utilizes a cloud-based platform with integrated mobile and desktop-focused technologies to assist its operations and support agents.

What kind of support does Real Brokerage Inc. offer to its clients?

Real Brokerage Inc. offers a seamless end-to-end real estate experience through its technology-driven platform, ensuring efficient and effective services for homebuyers and sellers.

How does Real Brokerage Inc. plan to stay competitive in the real estate market?

The company continuously invests in technological advancements and strategic partnerships to improve its platform and expand its reach.

REAL BROKERAGE INC

Nasdaq:REAX

REAX Rankings

REAX Stock Data

955.61M
153.15M
21.31%
44.6%
1.32%
Real Estate Services
Real Estate
Link
United States of America
Miami