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Top-Performing Team The Burgman Group Joins Real

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The Real Brokerage Inc. (NASDAQ: REAX) has expanded its Florida Space Coast presence by acquiring The Burgman Group. Led by Shane Burgman, a former U.S. Navy Nuclear Submarine Missile Technician, the three-person team has established itself as a top performer with an average of 50 home sales annually, totaling over $200 million in sales during Burgman's 10-year career.

Burgman, who transitioned to real estate in 2015 after serving 10 years in the military, has built a significant social media presence with 22,000 Instagram followers and 5,000 YouTube subscribers, accumulating over 1 million views. At Real, he will join the company's Military Division, specializing in serving Veterans and active-duty service members.

The team was attracted to Real's collaborative community, technology platform, and entrepreneurial focus, including its commission structure and revenue share model.

The Real Brokerage Inc. (NASDAQ: REAX) ha ampliato la sua presenza nella Florida Space Coast acquisendo The Burgman Group. Guidato da Shane Burgman, un ex tecnico di missili nucleari della Marina degli Stati Uniti, il team di tre persone si è affermato come uno dei migliori, con una media di 50 vendite di case all'anno, totalizzando oltre $200 milioni di vendite durante i 10 anni di carriera di Burgman.

Burgman, che è passato al settore immobiliare nel 2015 dopo aver prestato servizio per 10 anni nelle forze armate, ha costruito una notevole presenza sui social media con 22.000 follower su Instagram e 5.000 iscritti su YouTube, accumulando oltre 1 milione di visualizzazioni. Presso Real, si unirá alla divisione militare dell'azienda, specializzandosi nel servire i veterani e i membri attivi delle forze armate.

Il team è stato attratto dalla comunità collaborativa di Real, dalla piattaforma tecnologica e dall'orientamento imprenditoriale, incluso il modello di commissioni e la ripartizione dei ricavi.

The Real Brokerage Inc. (NASDAQ: REAX) ha ampliado su presencia en la Florida Space Coast adquiriendo The Burgman Group. Dirigido por Shane Burgman, un ex técnico de misiles nucleares de la Marina de EE. UU., el equipo de tres personas se ha establecido como uno de los mejores, con un promedio de 50 ventas de casas al año, totalizando más de $200 millones en ventas durante los 10 años de carrera de Burgman.

Burgman, que hizo la transición al sector inmobiliario en 2015 después de servir 10 años en el ejército, ha construido una presencia significativa en las redes sociales con 22,000 seguidores en Instagram y 5,000 suscriptores en YouTube, acumulando más de 1 millón de visualizaciones. En Real, se unirá a la División Militar de la empresa, especializándose en atender a veteranos y miembros en servicio activo.

El equipo se sintió atraído por la comunidad colaborativa de Real, su plataforma tecnológica y su enfoque emprendedor, incluyendo su estructura de comisiones y modelo de reparto de ingresos.

The Real Brokerage Inc. (NASDAQ: REAX)는 The Burgman Group를 인수하여 플로리다 스페이스코스트에 대한 존재감을 확장했습니다. 전 미 해군 핵 잠수함 미사일 기술자인 Shane Burgman이 이끄는 3인 팀은 매년 평균 50채의 주택 판매로 정평이 나 있으며, Burgman의 10년 경력 동안 총 $200백만 이상의 판매를 기록했습니다.

2015년 군 복무 후 부동산 분야로 전환한 Burgman은 Instagram에서 22,000명의 팔로워와 YouTube에서 5,000명의 구독자를 보유하며 100만 건 이상의 조회수를 기록하는 상당한 소셜 미디어 존재감을 구축했습니다. Real에서 그는 회사의 군사 부문에 합류하여 재향군인과 현역 군인들에게 서비스를 제공하는 데 전문화할 것입니다.

이 팀은 Real의 협업 커뮤니티, 기술 플랫폼 및 기업가 정신에 매력을 느꼈으며, 커미션 구조와 수익 공유 모델이 포함되어 있습니다.

The Real Brokerage Inc. (NASDAQ: REAX) a élargi sa présence sur la Florida Space Coast en acquérant The Burgman Group. Dirigé par Shane Burgman, un ancien technicien de missiles nucléaires de la Marine américaine, l'équipe de trois personnes s'est établie comme un performeur de premier plan, avec une moyenne de 50 ventes de maisons par an, totalisant plus de $200 millions de ventes durant les 10 années de carrière de Burgman.

Burgman, qui est passé au secteur immobilier en 2015 après avoir servi 10 ans dans l'armée, a construit une présence significative sur les réseaux sociaux avec 22 000 abonnés sur Instagram et 5 000 abonnés sur YouTube, accumulant plus d'un million de vues. Chez Real, il rejoindra la division militaire de l'entreprise, spécialisée dans le service aux vétérans et aux membres d'active.

L'équipe a été attirée par la communauté collaborative de Real, sa plateforme technologique et son orientation entrepreneuriale, y compris sa structure de commissions et son modèle de partage des revenus.

The Real Brokerage Inc. (NASDAQ: REAX) hat seine Präsenz an der Florida Space Coast durch die Akquisition von The Burgman Group erweitert. Geleitet von Shane Burgman, einem ehemaligen Techniker für nukleare U-Boot-Raketen der US Navy, hat sich das dreiköpfige Team als Leistungsträger etabliert, mit durchschnittlich 50 Wohnungsverkäufen jährlich, die während Burgmans 10-jähriger Karriere über $200 Millionen an Verkäufen insgesamt ausmachten.

Burgman, der 2015 nach 10 Jahren im Militär in die Immobilienbranche wechselte, hat eine bedeutende Präsenz in den sozialen Medien mit 22.000 Followern auf Instagram und 5.000 Abonnenten auf YouTube, die zusammen über 1 Million Aufrufe erzielt haben. Bei Real wird er der Militärdivision des Unternehmens beitreten und sich auf die Betreuung von Veteranen und aktiven Soldaten spezialisieren.

Das Team wurde von der kollaborativen Gemeinschaft von Real, der Technologieplattform und dem unternehmerischen Ansatz angezogen, einschließlich der provisionsstruktur und des Erlösverteilungsschemas.

Positive
  • Addition of high-performing team with $200 million in total sales
  • Expansion into Florida's Space Coast market
  • Team leader brings strong social media presence with 22,000 Instagram followers and 1 million+ YouTube views
  • Strategic enhancement of Military Division with experienced veteran leadership
Negative
  • None.

Insights

The addition of The Burgman Group to Real Brokerage represents a strategic expansion in Florida's Space Coast market, but the impact on REAX's 849.87M market cap is likely minimal. While Shane Burgman's team brings impressive credentials with 200M in total sales over his career and an average of 50 home sales annually, this acquisition is more about regional market positioning than immediate financial impact.

The team's social media presence (22,000 Instagram followers and 5,000 YouTube subscribers) and specialized focus on military relocations align with Real's technology-forward approach and expansion strategy. However, in the context of Real's overall operations, this is a routine team acquisition that, while positive for regional growth, doesn't materially impact the company's financial outlook or stock value.

For retail investors, this news signals Real's continued execution of its growth strategy and ability to attract high-performing teams, but shouldn't be considered a major catalyst for stock movement. The Space Coast market, while growing due to aerospace industry expansion, represents a relatively small portion of Real's total addressable market.

High-volume team, led by industry influencer Shane Burgman, expands Real’s presence throughout Florida’s Space Coast

TORONTO & NEW YORK--(BUSINESS WIRE)-- The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced it has expanded its presence throughout Florida’s Space Coast with the addition of The Burgman Group. Led by industry influencer Shane Burgman, the three-person team has built a reputation for its tenacious work ethic, which has made it one of the top-producing teams in the market. During his 10-year career, Burgman has averaged 50 home sales a year valued at more than $200 million in total sales.

Burgman began his real estate career in 2015 following 10 active-duty years in the U.S. Navy as a Nuclear Submarine Missile Technician. He credits his military service for his passion to make a difference in people’s lives and core values of hard work and high ethical standards, qualities that enabled him to make a successful transition to real estate. In addition to his strong track record, Burgman has built a loyal social media following based on his high-quality production value, market insights and real estate advice. He currently has 22,000 followers on Instagram and 5,000 on YouTube with more than 1 million views.

Having experienced multiple military transfers during his time in the Navy, Burgman understands the difficulties that relocations pose and has used this experience to help other military families looking to settle on Florida’s Space Coast. At Real, he will be part of the company’s Military Division, which specializes in serving the needs of Veterans and active-duty service members and their families.

“Shane’s unwavering honesty and relentless work ethic have earned him a reputation as one of the most trusted names in real estate and a leader among his peers,” Real President Sharran Srivatsaa said. “I’m thrilled to welcome Shane and his team to Real and look forward to seeing how our platform helps them elevate their impact on clients while inspiring their peers.”

Burgman said Real’s collaborative community, technology and entrepreneurial focus are what drew him and this team to Real.

“I’ve been following Real for a while. I’m stoked about this new opportunity and thrilled to enhance my clients’ overall experience. Real’s commission structure and revenue share provide upside potential that allows us to build long-term wealth, while the company’s technology platform is designed for teams like ours that are always looking to better serve clients. We couldn’t be more excited to make the move to Real,” Burgman said.

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the U.S. and Canada, Real supports more than 24,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

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 of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s ability to continue to attract agents.

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. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents and those risk factors discussed under the heading “Risk Factors'' in the Company’s Annual Information Form dated March 14, 2024, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. 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.

Investor inquiries, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com

908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com

201.564.4221

Source: The Real Brokerage Inc.

FAQ

What is the total sales volume achieved by The Burgman Group joining REAX?

The Burgman Group has achieved over $200 million in total sales during Shane Burgman's 10-year career, averaging 50 home sales annually.

How will The Burgman Group acquisition impact REAX's presence in Florida?

The acquisition expands Real Brokerage's presence throughout Florida's Space Coast region, adding a top-performing three-person team to their operations.

What social media presence does The Burgman Group bring to REAX?

The team brings 22,000 Instagram followers, 5,000 YouTube subscribers, and over 1 million YouTube views, providing significant social media reach.

How does The Burgman Group strengthen REAX's Military Division?

Shane Burgman's 10 years of U.S. Navy experience and expertise in helping military families relocate strengthens REAX's Military Division, which serves Veterans and active-duty service members.

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