Real Increases Its Presence in Chicago and Surrounding States With the Addition of Qamar Group
19 Avril 2024 - 1:30PM
Business Wire
Top-ranked team brings 36 agents and its 24/7
approach to Real
The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing,
publicly traded brokerage, today announced that Qamar Group has
joined the company. Led by CEO Rafay Qamar and COO Jana Pierce, the
team brings 36 agents who serve Chicago and its suburbs, Michigan
and Wisconsin.
Ranked among the top 1% of teams in Illinois, Qamar Group has
sold more than 1,500 homes valued at $500 million since its
founding in 2019. The team has received numerous awards, including
the Chicago Association of Realtors’ highest honor, the Carly
Award, for the past three years. It also has distinguished itself
with a commitment to serve home buyers and sellers around the
clock, which it refers to as a “eyes open to eyes shut,” approach
to client service. Qamar Group also prides itself on its team’s
diversity and ability to connect with local and international
clients in 11 languages.
“We are thrilled to partner with Rafay, Jana and the rest of the
Qamar Group,” Real President Sharran Srivatsaa said. “At Real, our
mission is to support our agents so they can better support their
clients and grow their businesses. Rafay, Jana and the rest of the
Qamar Group align with that vision, which makes them the perfect
team from which to grow Real’s presence in Chicago and throughout
the Midwest.”
Rafay Qamar entered the real estate industry in 2014 with a goal
of helping others achieve their homeownership dreams. Even after
building a successful career in banking, he said witnessing his
parents achieve their dream of homeownership after immigrating to
the U.S. resonated with him and inspired him to support others.
Since then, Qamar has risen to the level of industry leader.
During his decade as a top-producing agent and multi-franchise
owner in the Chicago and North Shore markets Qamar has achieved a
number of accolades, including Rookie of the Year. In 2023, he was
elected to the North Shore Barrington Association of Realtors,
where he serves as Strategic Advisor to the President and Chair of
Membership and Member Benefits.
The team is co-led by Pierce, who in addition to being a
producing agent, serves as the team’s COO and oversees operations
and agent engagement. The team’s partners include Stephen Davis,
Edward Henderson and Emma LaCosse, who each generate in excess of
$10 million a year in home sales.
“Our team is so excited to be joining Real. No other brokerage
offers the combination of compensation opportunities, tools and
technology and culture that Real does,” Qamar said. “Our vision is
to expand exponentially throughout the Midwest, and Real offers the
platform that will allow us to achieve our goals.”
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
17,000 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 the success of Real’s programs
that are available to agents and 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, the success of Real’s programs and Real’s
ability to attract new agents and retain current agents. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240419867748/en/
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
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