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. (NASDAQ: REAX), a rapidly growing real estate brokerage, announced its third quarter 2022 financial results will be released before market open on November 10, 2022.
A conference call will follow at 11:00 AM EST to discuss these results, with a replay available for a year. This event highlights the company's ongoing commitment to transparency regarding its business performance and strategic growth initiatives.
The Real Brokerage Inc. (NASDAQ: REAX) has successfully obtained a receipt for a final short form base shelf prospectus, allowing the company to distribute up to US$200 million in securities over a 25-month period. This includes common shares, warrants, units, debt securities, and subscription receipts. The registration statement has been filed with the SEC but is not yet effective, meaning securities cannot be sold in the U.S. until it becomes effective. The Shelf Prospectus will provide further details on any upcoming offerings.
The Real Brokerage Inc. (NASDAQ: REAX) has surpassed 7,000 agents, highlighted during its inaugural One Real Conference in San Antonio, Texas, held from October 17-19, 2022. Key initiatives include launching an early version of a consumer app aimed at enhancing the home buying experience, the rollout of its proprietary reZEN platform to U.S. and Canadian agents, in-house coaching for agents, and expansion of Real Title operations to 19 states. The company continues to focus on tools and frameworks designed to boost agent productivity and improve financial performance.
The Real Brokerage Inc. (NASDAQ: REAX) will live stream select sessions from the inaugural One Real Conference on October 18, 2022, in San Antonio, Texas. The conference runs from October 17 to 19, 2022, featuring insights from Real’s leadership and Board of Directors. Attendees can register for live streaming sessions to learn about new initiatives and the company's future vision. The event schedule includes sessions on technology, training, and a leadership Q&A. More details and registration links are available on their website.
The Real Brokerage Inc. (NASDAQ: REAX) has expanded its agent network by onboarding Cook & Associates Real Estate Advisors from the Greater Phoenix area, which closed approximately $220 million in sales over the past year. Founded in 2005 by Kelly Cook, the team emphasizes a collaborative culture to enhance individual and collective success in real estate. CEO Tamir Poleg expressed excitement over this partnership, aiming to strengthen their market presence in Arizona. This strategic move aligns with Real's mission to leverage technology in real estate, serving over 6,000 agents across 44 states and Canada.
The Real Brokerage Inc. (NASDAQ: REAX) announced its acquisition of LemonBrew Lending Corp., a tech-enabled home loan platform operating in 20 U.S. states. The acquisition, valued at $1.25 million, will enhance Real's end-to-end home buying strategy. The payment includes $800,000 in cash and shares worth $450,000. CEO Samir Dedhia and 25 employees from LemonBrew will join Real, creating synergies in the mortgage sector. The deal is expected to close in Q4 2022, pending regulatory and employment agreements.
The Real Brokerage Inc. has announced the appointment of Dre Madden as Chief Marketing Officer. Madden, a seasoned marketer with over 20 years of experience, will focus on enhancing brand awareness and expanding the company's agent base. Her previous roles include leadership positions at StubHub and OpenTable. CEO Tamir Poleg expressed enthusiasm for Madden's addition, emphasizing her alignment with the company's growth objectives. The company aims to leverage Madden's expertise to boost visibility and demand generation across national and international markets.
The Real Brokerage Inc. (NASDAQ: REAX) announced that CEO Tamir Poleg will present at the Singular Research Autumn Equinox Webinar on September 14, 2022, at 10:00am PT (1:00pm ET). Interested parties can access the live broadcast via the company's website or directly at the provided webcast link. Real Brokerage is transforming residential real estate with its cloud-based platform, serving over 6,000 agents across 44 states, D.C., and two Canadian provinces since its founding in 2014.
The Real Brokerage Inc. (NASDAQ: REAX) has announced the expansion of its brokerage network in Canada with the addition of The Crew Real Estate, a well-established team from Ontario. This team, founded by Ryan Campbell, comprises 17 agents who have achieved approximately $300 million in home transactions over the past year. The partnership aims to enhance Real's market presence and leverage cutting-edge technology to improve agent performance and client experience.
The Real Brokerage Inc. (NASDAQ: REAX) announced that 24/7 Realty South has joined its agent network, expanding its team to over 300 agents. In the past year, these agents closed over 900 transactions, totaling more than $640 million in volume. Co-founders Claudia Zaker and Mo Perez expressed excitement over the partnership, which aims to create a supportive environment for agents and enhance their financial opportunities. Real Brokerage provides a technology-driven platform that enhances agent efficiency across 44 states and Canada.
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