Real Brokerage Stock Price, News & Analysis

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.

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.