Toronto-Based Luxury Real Estate Team to be Led by Founder
Christopher Invidiata
TORONTO and NEW YORK, Feb. 2, 2022 /CNW/ -- The Real Brokerage
Inc. ("Real" or the "Company") (TSXV: REAX) (NASDAQ:
REAX), an international, technology-powered real estate brokerage,
today announced that The Invidiata Team, based in Ontario, Canada, is joining its growing
network of agents.
With 35 years of success in real estate, The Invidiata Team
prides itself in understanding the needs of their clients,
achieving their goals and developing long-lasting relationships.
Invidata Founder, Christopher
Invidiata, is an established real estate professional in
Ontario and has been recognized as
one of RE/MAX's leading residential realtors in North America. The Invidiata Team services the
Oakville, Burlington, Mississauga and Toronto markets.
With a focus on luxury homes, Invidiata has sold more than
$4 billion in residential real estate
since 1985 and has been named the number one RE/MAX team in
Canada 15 times. The Invidiata
Team was the number one RE/MAX team worldwide in 2007 and 2012.
"We are truly a family business, even though many of our
listings are high-end," Christopher
Invidiata said. "My daughter Shae, son Caleb, and other
family members are working with clients now and carrying on the
tradition of exceptional service. It is important to make our
clients feel like part of our family. Developing lasting
relationships with our clients is at the core of our business.
Whether a client is buying a home that is a few hundred thousand
dollars or a few million dollars, we enjoy the opportunity to be on
our clients' journey."
Last month, Real's announced its launch of operations in
Ontario. Scott Benson was named Real's Canada Growth
Leader and Melissa Puklicz was named
Broker of Record for Ontario. The
Invidiata Team will be one of the first high-end luxury teams to
join the brokerage.
"We are beyond excited to welcome The Invidiata Team to our
family here at Real," said Real co-founder and CEO Tamir Poleg. "Working with Christopher and his
team will not only expand our footprint in Canada, but it will also allow Real to be part
of the luxury market. The team's impressive track record speaks for
itself and we look forward to working with them and creating more
opportunities in Ontario."
Corporate Update
Real also announced today that pursuant to the Company's
Restricted Share Unit Plan, on January 25,
2022, an aggregate of 176,854 restricted shares units
("RSUs") were granted to certain directors of the Company.
The RSUs will vest over a one-year period.
About Real
Real (www.joinreal.com) is a technology-powered real estate
brokerage operating in 40 U.S. states, the District of Columbia, and Ontario and Alberta,
Canada. Real is building the future, together with more than
3,800 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
For additional information, please contact:
The Real Brokerage Inc.
Caroline Glennon
thunder11@therealbrokerage.com
1+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 Invidiata Team
joining Real, and the business and strategic plans of Real.
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 NASDAQ has neither approved nor disapproved
the contents of this press release.
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SOURCE The Real Brokerage Inc.