VANCOUVER, BC, Nov. 22,
2023 /CNW/ - RESAAS Services Inc. (TSXV: RSS) (OTCQB:
RSASF), ("RESAAS" or the "Company"), a leading provider of
technology solutions for the Real Estate Industry, has announced a
program for RESAAS Agents to access up to $32,000 in Federal Relief Funds from the United
States Government.
"RESAAS was founded to help Real Estate Agents succeed,
especially during challenging Real Estate markets," said
Tom Rossiter, CEO of RESAAS. "With
higher interest rates and a lower number of housing transactions,
Real Estate Agents are in need of additional sources of funds. Most
Real Estate Agents are unaware of their Federal Relief eligibility.
RESAAS is solving this problem by bringing visibility to a
Congressional Program and streamlining the online application
process across our extensive network of U.S.-based Real Estate
Agents. RESAAS is proud to once again bring a First-to-Market,
Exclusive offering to the Real Estate Industry, and help all
American Real Estate Agents in a time of need."
Federal Relief Funds have been made available through the
"Families First Coronavirus Response Act" (FFCRA), a federal law
from the United States Congress that provides self-employed
individuals with tax credits that reimburse them, dollar for
dollar, for the cost of being unable to work due to COVID-related
issues.
In the USA, Real Estate Agents
are not employed by their Real Estate Brokerages. They are
classified as "1099" self-employed individuals.
RESAAS entered into an Exclusive Partnership Agreement with
Adesso Capital on November 21, 2023,
granting RESAAS exclusive rights within the Real Estate Brokerage
and Real Estate Technology industries, for a one-year term.
RESAAS generates revenue from a Royalty on all applications
successfully submitted to the FFCRA Program.
About RESAAS Services
Inc.
RESAAS is an award-winning technology company serving the Real
Estate Industry, uniting all Real Estate Brokerages and Agencies in
one Global, Centralized Industry Platform.
Over 600,000 RESAAS Agents in 160 countries have access to
unique Real Estate Data, providing access to qualified
international referrals and Coming Soon listings only available
inside RESAAS.
Some of Real Estate's biggest brands leverage RESAAS to provide
Business Intelligence, new business opportunities, and real-time
industry-wide communication. For more information, please
visit www.resaas.com.
Disclaimer
The TSX Venture Exchange has neither approved nor
disapproved the contents of this news release. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
The statements made in this news release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially
from RESAAS Services Inc.'s expectations and projections.
SOURCE RESAAS SERVICES INC.