The Real Brokerage Inc. Commences Trading on NASDAQ Today

Rhea-AI Summary

The Real Brokerage Inc. has commenced trading its Common Shares on the Nasdaq Capital Market under the symbol REAX as of June 15, 2021. This move follows a significant year-over-year growth, with a 90% increase in agent sign-ups, totaling over 2,300 agents. The company operates in 31 U.S. states and the District of Columbia, offering advanced technology that enhances the homebuying process for agents, buyers, and sellers. Additionally, the shares will continue trading on the TSX Venture Exchange under the same symbol.

Positive

• Commencement of trading on Nasdaq under symbol REAX enhances visibility and accessibility.
• 90% year-over-year increase in agent sign-ups, totaling over 2,300 agents.
• Technology-driven platform improves efficiency in homebuying for agents and clients.

Negative

• None.

NEW YORK and TORONTO, June 15, 2021 /PRNewswire/ -- The Real Brokerage Inc. ("Real" or the "Company") (TSXV: REAX) (OTCQX: REAXF) (NASDAQ: REAX), a national, technology powered real estate brokerage in the United States, announces that its common shares (the "Common Shares") will commence trading on The Nasdaq Capital Market ( "Nasdaq") under the symbol "REAX" at the opening of the market today.

Real provides state-of-the-art technology that improves the homebuying experience for buyers, sellers and agents. Agents have the ability to advance all tasks and processes related to the transaction through Real's platform, which makes for a better, quicker, and smoother experience for all parties involved. The company has generated impressive traction, seeing a 90 percent increase in agents signing on year-over-year, with a total number now topping 2,300.

Trading of the Common Shares will continue trading on the TSX Venture Exchange under the same symbol, "REAX".

About Real

Real (www.joinreal.com) is a technology-powered real estate brokerage operating in 31 U.S. states and the District of Columbia. Real is building the future, together with agents and their clients. Real creates financial opportunities for agents through better commission splits, best-in-class technology, revenue sharing and equity incentives.

Contact Information

Press, for more information, please contact:
The Real Brokerage Inc.
Ryan Birchmeier
ryan@therealbrokerage.com
201-564-4221

Investors, for more information, please contact:
Hayden IR
James Carbonara
james@haydenir.com
646-755-7412

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "likely" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to the timing of the listing of the Common Shares on NASDAQ. Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real's business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQX has neither approved nor disapproved the contents of this press release.

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SOURCE The Real Brokerage Inc.

FAQ

When did Real Brokerage start trading on Nasdaq under symbol REAX?

Real Brokerage commenced trading on Nasdaq under the symbol REAX on June 15, 2021.

What is the significance of Real Brokerage trading on Nasdaq?

Trading on Nasdaq increases the visibility and accessibility of Real Brokerage to a broader range of investors.

What is the recent growth in agent sign-ups for Real Brokerage?

Real Brokerage has seen a 90% year-over-year increase in agent sign-ups, totaling over 2,300 agents.

In how many states does Real Brokerage operate?

Real Brokerage operates in 31 U.S. states and the District of Columbia.

Will Real Brokerage continue trading on TSX Venture Exchange?

Yes, Real Brokerage will continue trading on the TSX Venture Exchange under the same symbol REAX.