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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.

News

The Real Brokerage Appoints Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis

Rhea-AI Summary
Real Brokerage Inc. appoints Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis.
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3.7%
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District South Joins The Real Brokerage

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Real Brokerage Inc. announces the addition of District South Real Estate Co. to their team, bringing 40 agents and increasing total agent count to over 12,000. District South recorded 960 transactions totaling nearly $252 million in sales in 2022.
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-3.57%
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The Real Brokerage Welcomes David Newman Partners

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Luxury agent David Newman and his team join The Real Brokerage, expanding the company's luxury presence in Phoenix and Scottsdale.
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-4.28%
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The Real Brokerage Now Open in West Virginia

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The Real Brokerage Inc. expands its presence in West Virginia, adding to its rapid growth and ability to serve buyers and sellers throughout the D.C. metro. It is now operational in 48 states and the District of Columbia in the U.S. and four Canadian provinces. The expansion offers long-term wealth building opportunities and benefits for agents, including stock ownership, revenue-sharing opportunities, and high commission splits. The addition of West Virginia allows Real to serve buyers, sellers, and investors in a popular destination for second home buyers. Independent brokerages in West Virginia can now plug into Real's model.
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1.65%
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Fast Company Recognizes The Real Brokerage’s Proprietary Transaction Management Platform as a 2023 Innovation by Design Awards Honoree

Rhea-AI Summary
reZEN, the transaction management platform by Real Brokerage Inc., was recognized as an honorable mention in Fast Company's Innovation by Design Awards for 2023. It allows agents to manage commissions, documents, payments, and communications on a single mobile-first cloud platform. Real is honored to receive this award and sees reZEN as a solution to streamline real estate transactions and maximize agent productivity. The platform also serves as the foundation for Leo, Real's 24/7 concierge powered by GPT technology and machine learning. Overall, this recognition highlights Real's commitment to innovation and efficiency in the real estate industry.
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4%
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The Real Brokerage to Present at the August 24th Virtual Investor Summit Conference

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Real Brokerage Inc. announces CEO presentation at Investor Summit
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4%
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The Real Brokerage to Present at the Sidoti Virtual Micro Cap Conference

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2.27%
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The Real Brokerage Elevates Jenna Rozenblat to Chief Operating Officer

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2.73%
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The Real Brokerage Inc. Announces Second Quarter 2023 Financial Results

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Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) announced its Q2 2023 results, with revenue increasing 65% YoY to $185.3 million. Gross profit increased 91% YoY to $17.8 million. The company achieved adjusted EBITDA profit of $2.6 million, compared to a loss of $583,000 in Q2 2022. Real now has an agent base that is more than twice the size it was a year ago. The number of transactions executed in Q2 2023 grew 72% YoY to 17,537, and the total value of completed real estate transactions grew 66% YoY to $7.0 billion.
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15.09%
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The Real Brokerage Leads the Way With AI-Powered Personal Concierge, Supercharging Agent Productivity and Creating Significant Operating Efficiencies

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-1.24%
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AI

FAQ

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

The current stock price of REAL BROKERAGE (REAX) is $5.34 as of November 22, 2024.

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

The market cap of REAL BROKERAGE (REAX) is approximately 1.0B.

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.

Stock REAX logo
REAL BROKERAGE INC

Nasdaq:REAX

REAX Rankings

#2539 Ranked by Market Cap
N/A Ranked by Dividends

REAX Stock Data

1.04B
157.19M
22.01%
44.57%
1.6%
Real Estate Services
Real Estate
Link
United States of America
Miami