Top-Producing Real Estate Teams and Agents Join The Real Brokerage Inc.

Rhea-AI Summary

The Real Brokerage Inc. announced that high-performing real estate teams and agents have joined the firm. In the previous 12 months, these new members collectively closed over $1 billion in home sales. Notable teams include the 10X Team and several agents from various U.S. locations. CEO Tamir Poleg emphasized the company's culture and community focus. Real operates in 24 states and the District of Columbia, aiming to enhance agents' lives with better commission splits, technology, and incentives.

Positive

• New real estate teams and agents added, indicating growth potential.
• Collectively closed over $1 billion in home sales before joining, reflecting strong market presence.
• Real's technology-driven approach offers agents better commission splits and incentives.

Negative

• None.

TORONTO and NEW YORK, Feb. 9, 2021 /PRNewswire/ -- The Real Brokerage Inc. (Real) (TSXV: REAX) (OTCQX: REAXF), a national, technology powered real estate brokerage in the United States, today announced high-producing real estate teams have joined Real in the fourth quarter of 2020 and first quarter of 2021 to date.

In the 12 months prior to joining Real, the new teams and agents had a closed volume of over US $1 billion in home sales

In the 12 months prior to joining Real, the new teams and agents had a closed volume of over US $1 billion in home sales.

"Real welcomes these high-performing teams and agents who embrace our culture of collaboration," said Tamir Poleg, co-founder and CEO of Real. "We are like-minded about doing great things for our local communities and the agent community at Real."

A selection of Real's new teams and individual agents include the following: 

• 10X Team led by Matt Mittlestadt & Dan Fitzgerald in Austin & San Antonio, Texas 
• Andrew Robinson in Columbus, Ohio
• Brayson Verzella in San Antonio, Texas
• Cavalry Group led by Enrique (Tre) Serrano in San Antonio, Texas
• Daniel Crawley in American Fork, Utah
• Kenneth McKeon in Dallas, Texas
• Krista Frauenholtz in Dripping Springs, Texas
• Lance Bertolino in Houston, Texas
• Lewis Weaver in Plain City, Utah
• McLaughlin Group led by Brendan McLaughlin in Warwick, Rhode Island
• Mona London in Seattle, Washington
• Robert Climer in Westlake, Ohio
• Ryan Ferguson in Cedar Park, Texas
• The Knight Group led by Jeremy & Eileen Knight in Austin, Texas
• The Needle Group led by Dianne Needle in Boston, Massachusetts
• Sara Tufano in Wallingford, Connecticut
• The Goss Team led by Thomas Goss in Harrisville, Rhode Island 
• Team Hastings led by Zanthia Hastings in Hunterville, North Carolina
• Tirado Group led by Martin Tirado in San Antonio, Texas 

About Real

Real (www.joinreal.com) is a technology-powered real estate brokerage operating in 24 U.S. states and the District of Columbia. Real is on a mission to make agents' lives better, creating financial opportunities for agents through higher commission splits, best-in-class technology, revenue sharing and equity incentives.

For more details, please contact:

The Real Brokerage Inc.
Lynda Radosevich
lynda@joinreal.com
917-922-7020

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act)

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 Real's future growth plans and strategy, and eligibility of agents to receive performance-based or equity incentives as part of Real's incentive program.

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

What teams have recently joined Real Brokerage Inc. (REAXF)?

High-performing teams, such as the 10X Team and several agents across various states, have joined Real.

What is the total closed volume of sales by new agents at Real (REAXF)?

The new teams and agents had a closed volume exceeding $1 billion in home sales in the prior 12 months.

What is the business model of Real Brokerage Inc. (REAXF)?

Real focuses on technology-driven brokerage, providing better commission splits, technology, and incentives for agents.

How many states does Real Brokerage Inc. (REAXF) operate in?

Real operates in 24 U.S. states and the District of Columbia.

Who is the CEO of Real Brokerage Inc. (REAXF)?

Tamir Poleg is the co-founder and CEO of Real Brokerage Inc.