Record Start to 2025 Propels Real Over the 25,000-Agent Mark
23 Janvier 2025 - 1:30PM
Business Wire
January 2025 on track to be the fastest growth
month in the company’s history
The Real Brokerage Inc. (NASDAQ: REAX), a technology platform
reshaping real estate for agents, home buyers and sellers, today
announced that it has reached the 25,000-agent mark. The milestone
comes on the heels of nearly 1,000 agents joining Real each month
in 2024, with January 2025 on track to be the fastest growth month
in the company’s history.
“Our mission and our vision from Day 1 has been to make agents'
lives better. I’m thankful to our leadership team and the Real
employees who wake in the morning and go to sleep at night with our
agents in mind. We couldn’t have reached this milestone without
each member of our collective community,” said Tamir Poleg, Real
Founder, Chairman and CEO. “I am also grateful to the growing
number of agents who have chosen to partner with us. Although
25,000 feels like a big number, we are just getting started, and
their partnership and the trust they have placed in Real means
everything.”
With a presence in all 50 states in the U.S. and four Canadian
provinces, Real is dedicated to providing agents with advanced
technology and unparalleled support. Real is unique among public
brokerages for its proprietary software platform, reZEN, utilized
by every agent to enable rapid scalability without adding
significant costs.
Over the past year, Real leveraged this platform to introduce
several agent-focused programs, including Private Label, ProTeams
and Real Wallet. Designed for independent brokerages and large
teams, the Private Label and ProTeams programs make it easier to
join Real while allowing agents to maintain the brands that they’ve
worked hard to build and existing compensation structures. Real
Wallet, a fintech platform, centralizes an agent’s access to
Company-branded financial products. Through Real Wallet, U.S.
agents can open a business checking account, while agents in Canada
have access to a line of credit based on their earnings history
with the Company. Additional features, including tax planning
business checking accounts and revenue share advances, are expected
to launch for Real Wallet users in the U.S. later this quarter.
“25,000 strong and counting! Reaching this incredible milestone
isn't just about numbers—it’s about the community we’ve built
together. Every agent, every story, every deal—it all adds up to
something extraordinary. This isn’t just growth; it’s a movement,”
said Sharran Srivatsaa, President of Real. Here’s to celebrating
what we've accomplished and charging forward with passion and
purpose. The future is Real!”
Since the start of the year, Real has onboarded a number of high
profile teams, including:
- Harvest Realty, a high-producing independent brokerage serving
Southern California with 550 agents and $2.4 billion in 2024 home
sales.
- The Burgman Group, led by industry influencer Shane Burgman,
has averaged 50 home sales a year throughout Florida's Space Coast
for the past decade.
- Austin-based Spyglass Realty, with 140 agents and a 2024 sales
volume of nearly $400 million.
- Craft & Bauer Real Estate Co., a 60-agent firm with 865
homes sales totaling $512 million across California and
Arizona.
The Real Brokerage is a real estate technology company and is
not a bank. Banking services provided by Thread Bank, Member FDIC.
The Real Wallet Visa debit card is issued by Thread Bank, Member
FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used
anywhere Visa cards are accepted.
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 25,000 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 successfully launch
additional Real Wallet features and products, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250123968173/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
Real Brokerage (NASDAQ:REAX)
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