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) announced that The Carin Nguyen Real Estate Network, based in Greater Phoenix, Arizona, has joined its expanding agent network. Founded in 2014, the team has closed over 500 transactions, amounting to more than $210 million in volume over the past year. The network is recognized as one of the top ten real estate teams in Arizona and the U.S. Real aims to enhance its presence in Arizona and aligns with Carin Nguyen’s mission to empower agents. The company operates in 44 states and two Canadian provinces with over 6,000 agents.
The Real Brokerage Inc. (NASDAQ: REAX) announced that Chief Financial Officer Michelle Ressler will present at the D.A. Davidson Big Sky Technology Summit on August 22, 2022, at 10:30 am MT (12:30 pm ET). The presentation will be accessible via live broadcast on Real’s website, specifically in the 'Investors' section. Founded in 2014, Real combines technology with agent-led services, operating across 44 states and two Canadian provinces with over 6,000 agents. For further details, visit www.onereal.com.
The Real Brokerage Inc. (NASDAQ: REAX) has announced that Chief Financial Officer Michelle Ressler will present at the Investor Summit Group's Q3 Virtual Conference on August 16, 2022, at 9:30 AM ET. The presentation aims to provide insights into the company's operations and strategy.
The event will be accessible via a live webcast, ensuring interested parties can tune in. Real is a technology-driven real estate brokerage operating across the U.S. and Canada, focusing on enhancing agent efficiency through a cloud-based platform.
The Real Brokerage Inc. (NASDAQ: REAX) announced that its Chairman and CEO, Tamir Poleg, will present at the Sidoti Micro-Cap Virtual Conference on August 18, 2022, at 11:30am ET. The conference aims to showcase the company's innovative approach in the real estate industry, leveraging technology to enhance efficiency and agent performance. Interested parties can access the live presentation through the provided webcast link. Real operates in 44 states and two Canadian provinces, employing over 6,000 agents.
The Real Brokerage Inc. (NASDAQ: REAX) reported substantial growth for Q2 2022, with a 386% year-over-year increase in revenue to $112.4 million and 283% growth in gross profit to $9.3 million. Despite a net operating loss of $4.2 million, an increase from $2.8 million in Q2 2021, operating expenses as a percentage of revenue decreased significantly to 12%. The agent count surged to over 5,600, a 129% increase. The Company emphasized its strong growth amidst market challenges, alongside a cash reserve of $32.5 million.
The Real Brokerage Inc. (NASDAQ: REAX) has surpassed 6,000 agents, highlighting its attractive financial incentives and innovative technology. Over the past year, it expanded its operations to 44 states and Washington, D.C., and entered Canada with new operations in Alberta and Ontario. The company transitioned from the TSX Venture Exchange to the Toronto Stock Exchange, marking significant growth since its Nasdaq listing on July 21, 2022. CEO Tamir Poleg expressed confidence in the firm’s collaborative culture and technology-driven model.
The Real Brokerage Inc. (NASDAQ: REAX) will release its second quarter 2022 financial results on August 11, 2022, before market open. A conference call will follow at 11:00 AM EST to discuss the results. The company employs over 5,000 agents across 44 states, D.C., and two Canadian provinces, aiming to revolutionize real estate through technology. Participants can access the call via dial-in or webcast. An archived replay will be available for one year.
The Real Brokerage Inc. (NASDAQ: REAX) has received final approval to list its common shares on the Toronto Stock Exchange (TSX), transitioning from the TSX Venture Exchange.
This uplisting is set to commence on July 26, 2022, aiming to increase the company's global visibility and attract a broader investor base. Shareholders are not required to take any action regarding their share certificates, as there will be no change in the trading symbol or CUSIP for the shares.
The Real Brokerage Inc. (NASDAQ: REAX) has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX), graduating from the TSX Venture Exchange (TSXV). This milestone reflects the company's significant growth in the international real estate market. Final listing approval is subject to certain conditions, with a subsequent press release to confirm the trading commencement date. No action is required from shareholders, as share certificates and trading symbols will remain unchanged.
The Real Brokerage Inc. (NASDAQ: REAX) has announced that the Chamberlain Group, a Calgary-based real estate team led by
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