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.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX) has announced that The Barron Team, led by Emma Barron Lefkowitz and Brian Tague, has joined the brokerage from Compass, Inc. This addition increases the agent count to over 9,000. The Barron Team, which was ranked No. 1 in San Diego County for four consecutive years, closed over 150 transactions worth more than $200 million in 2022. Since joining, they have signed seven new listings and moved eight transactions to escrow. The leadership believes this will drive growth opportunities for the company, which focuses on enhancing technology and resources for agents.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX) has launched a transformative Co-Sponsored Revenue Share program, effective February 1, 2023, across the U.S. and Canada. This first-of-its-kind initiative allows agents to partner in sponsoring new recruits, enabling shared revenue from commission splits. The program aims to foster collaboration among agents and enhance recruitment, reflecting positive feedback from existing agents. Real's rapid expansion was highlighted, noting a doubling of agent count in 2022. The initiative emphasizes the company's commitment to building a culture of teamwork and economic incentives.
The Real Brokerage Inc. (NASDAQ: REAX) will present at the virtual Q1 2023 Investor Summit on January 26, 2023, at 9:00 a.m. EST. The presentation will be led by Tamir Poleg, Chairman and CEO, and will be broadcast live. Interested parties can access the live webcast at this link. Founded in 2014, Real is transforming the residential real estate market with a technology-driven platform for agents, currently serving 45 states, D.C., and three Canadian provinces with over 8,000 agents.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX), a leading real estate brokerage, will present at the Sidoti Micro Cap Virtual Conference on January 18, 2023, at 10:00 am ET. The presentation by Chairman and CEO Tamir Poleg will be accessible live via a webcast, which can be found on the company’s official website. Established in 2014, Real has more than 8,000 agents across 45 states, D.C., and three Canadian provinces, innovating the industry with technology-driven solutions for a better home buying experience.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX), a leader in real estate brokerage, announced that CEO Tamir Poleg will present at the Needham Growth Conference on January 11, 2023, at 2:15 PM ET. The presentation will be broadcast live, accessible through the company's website. Founded in 2014, Real operates in 45 states and three Canadian provinces, leveraging technology to enhance the real estate experience with over 8,000 agents.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX) welcomes the Platinum Group Real Estate Team, enhancing its network to over 8,000 agents in the U.S. and Canada. Founded by Karen Cooper and Vicky Noufal, the Platinum Group has closed over $1 billion in transactions since 2015, with $250 million in the last year alone. This growth aligns with Real's expansion strategy, which has seen a 108% increase in agents in 2023, aimed at reimagining the residential real estate experience.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX) has officially launched operations in Alabama, marking its presence in 45 states and three Canadian provinces. This expansion involves 25 agents who collectively closed approximately $30 million in real estate transactions last year. Danny Kushmer has been appointed as Principal Broker, aiming to enhance agent recruitment and market presence in Alabama. CEO Tamir Poleg emphasized the company's commitment to meeting agent needs and expanding its footprint in the Southeastern U.S.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX) has appointed Sharran Srivatsaa as its new President, effective immediately. In this newly created role, he will oversee the company’s growth initiatives, including agent recruitment and education. Srivatsaa brings over 20 years of experience in real estate, finance, and technology, having previously led Teles Properties to significant growth. His expertise aims to enhance Real's tech-powered, agent-centric platform, expediting market entry and expanding its agent network.
The Real Brokerage has completed the acquisition of LemonBrew Lending for $1.25 million, enhancing its mortgage brokerage services. The deal involves $800,000 in cash and 351,837 common shares, valued at $1.279 each. With this acquisition, Real aims to simplify the home buying process by integrating mortgage services, allowing customers to finance their purchases through Real directly. This strategic move follows Real's earlier acquisition of Expetitle, further expanding its capabilities in the real estate market.
The Real Brokerage Inc. (TSX: REAX, NASDAQ: REAX) has welcomed The Dean Aguilar Group, a 115-agent team from San Diego, enhancing its network in California. Founded in 2012, the team closed over $425 million in transactions in the last year. CEO Tamir Poleg expressed enthusiasm for this partnership, citing the team's tech-forward approach and people-first culture as key factors. The Real Brokerage aims to revolutionize residential real estate with a cloud-based platform, currently operating in 44 states and three Canadian provinces with over 7,000 agents.
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