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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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The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) will present at the 34th annual Roth Conference on March 14, 2022, at 8:30 am PT. A webcast of the presentation is available here. Real is a technology-driven real estate brokerage active in 41 U.S. states and parts of Canada, boasting over 4,000 agents. The company focuses on financial opportunities for agents through improved commission structures and technology.

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The Real Brokerage Inc. (REAX) will announce its fourth quarter and full year 2021 financial results on March 18, 2022, before market open. A conference call will follow on the same day at 11:00 a.m. EST to discuss the outcomes. The brokerage operates in 41 U.S. states and Canada, focusing on technology-led solutions for over 4,000 agents. Real aims to enhance agents' financial prospects through favorable commission structures and equity incentives.

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The Real Brokerage Inc. (TSXV: REAX; NASDAQ: REAX) announced the integration of North Group, a prominent real estate team based in Ontario, into its expanding network. This partnership aims to leverage North Group's established presence in the Canadian market, which boasts over 40,000 clients. North Group’s founder, Amy Youngren, expressed confidence that this collaboration will enhance their growth through advanced technology and a focus on community. CEO Tamir Poleg welcomed North Group, highlighting the synergies in growth and innovation.

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The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) has announced its expansion into New Mexico, marking its operations in 41 states and Canada. The company has appointed Olga C'de Baca as the Qualifying Broker, who aims to leverage her experience to promote homeownership. CEO Tamir Poleg emphasized the significance of this expansion, enhancing ties in the Southwest. Real's technology-driven platform offers agents better commission structures and growth opportunities.

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The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) announced reaching over 4,000 real estate agents in its network, up from 3,000 in October 2021. The company expanded its operations across 40 U.S. states and into Ontario, Canada, launching new services like Instant Payment for agents and acquiring Expetitle, Inc. Key leadership additions include Katharine Mobley as CMO and Raj Naik as COO. CEO Tamir Poleg emphasized the focus on providing agents with attractive commission structures and innovative technology as part of its growth strategy.

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The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) announced the addition of The Invidiata Team, a luxury real estate group based in Ontario, Canada, to its network. Led by Christopher Invidiata, the team has achieved over $4 billion in sales and has been recognized as a leading RE/MAX team. This integration aims to enhance Real's presence in the Canadian luxury market. Additionally, the company granted 176,854 restricted share units to certain directors, vesting over a year. The move signals growth potential for Real in Ontario's real estate sector.

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The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) has officially launched operations in Ontario, Canada, marking its expansion into the second Canadian province. Scott Benson has been appointed as Canada Growth Leader, bringing a decade of real estate experience and a proven sales record exceeding $350 million in 2021. Melissa Puklicz has been named Ontario Broker of Record, aiming to leverage Real's robust technology and culture for potential industry disruption. CEO Tamir Poleg expressed optimism about growth opportunities in Ontario and Canada.

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The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) has acquired Expetitle, Inc. for US$8.232 million, enhancing its technology-driven real estate services. The acquisition aims to streamline the title and eEscrow processes, improving efficiency for agents and clients. US$7.432 million is payable at closing, with US$800,000 held in escrow. Expetitle’s technology allows for a simplified closing experience, aligning with Real's mission to leverage technology in real estate. The transaction includes granting 700,000 incentive stock options and 1.1 million RSUs to Expetitle's team.

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Real Brokerage Inc. (REAX) will present at the 24th Annual Needham Virtual Growth Conference on January 14, 2022, at 9:15 a.m.. A webcast will be available for those interested in attending. This conference provides a platform for Real to showcase its technology-powered real estate services, which operate across 40 U.S. states, D.C., and Canada. The company aims to enhance financial opportunities for over 3,700 agents through superior commission structures and innovative technology.

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The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) announced its expansion into Wyoming, marking its operations in 40 U.S. states and Canada. James 'JP' Fluellen has been appointed Principal Broker to lead the new market. Fluellen brings extensive experience from eXp Realty and Coldwell Banker. Furthermore, the Company acquired Scott Benson Real Estate Inc. and rebranded it as Real Broker Ontario Ltd. This move is part of Real's strategy to enhance its presence in the Western U.S. and leverage technology in real estate.

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FAQ

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

The current stock price of REAL BROKERAGE (REAX) is $4.71 as of December 20, 2024.

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

The market cap of REAL BROKERAGE (REAX) is approximately 917.7M.

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

917.70M
153.17M
21.31%
44.6%
1.32%
Real Estate Services
Real Estate
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United States of America
Miami