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Real Pushes Past the 20,000-Agent Mark as it Celebrates the Company’s 10th Anniversary – Information Important Internet

The fastest ontogeny impact marks digit momentous milestones with daylong occasion that includes hundreds of its agents and bell sound at Nasdaq

TORONTO & NEW YORK, July 09, 2024–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), the world’s fastest-growing, publically traded actualised realty brokerage, today declared the company’s businessperson calculate today stands at more than 20,000. Real additional roughly 1,000 agents per period during the prototypal half of 2024 and surpassed this primary evaluation as it famous its 10th anniversary.

Real is rating both milestones by hosting a occasion at the Nasdaq mercantilism today that includes a intellectual businessperson activity seminar, a celebratory sound of the approaching bell and a getting that includes more than 250 agents and employees. In its travelling toward achievement 20,000 agents, Real issued a contest in May for its agents to advance $20,000 to One Real Impact, the company’s businessperson resource fund. The consort sworn to correct these contributions, and agents exceeded this content by more than 200%.

“I can’t verify you what an awful opinion it is to accomplish this milestone. Thank you to our agents and Real employees who embellish to impact apiece period sworn to creating a assorted identify of actualised realty experience. It wouldn’t be doable without you,” Tamir Poleg, Real Founder, Chairman and CEO, said. “From the rattling prototypal our North Star has been to attain agents’ lives better, and that hasn’t changed. Our ontogeny demonstrates that we’ve filled a vacuum in our industry, and it makes me modify more observed to oppose our assignment of dynamical the actualised realty undergo for our agents and the clients they serve.”

Committed to revolutionizing the actualised realty dealings by empowering agents with modern profession and unparalleled support, Real has a proximity in every 50 states in the U.S. and quaternary river provinces and offers an desegrated papers of brokerage, mortgage and denomination services. Real is the exclusive impact with a copyrighted school papers used by every agent, allowing the consort to bit apace without adding momentous costs. RealTrends titled Real the crowning mastermind of 2023 by both dealings sides and volume, and Real was the exclusive publically traded impact to inform ontogeny in businessperson count, dealings calculate and income throughout 2023 and in the prototypal lodge of 2024.

“At Real, we conceive that ‘we’ are large than ‘me’. So achievement the 20,000-agent evaluation is more than meet a number. It effectuation we today hit a bigger, stronger accord of like-minded agents that we crapper every touch into,” said Sharran Srivatsaa, President of Real. “As we move to grow, we’ll move to pore on what differentiates Real – an entrepreneurial fiber that supports our agents, celebrates differences and comes unitedly as OneReal.”

The mass are whatever of the teams connexion Real crossways North USA actuation the consort over the 20,000-agent mark:

  • Carolina Collective Realty, led by Mahala Landin. Founded in 2009, the 29-agent aggroup serves North Carolina’s Research Triangle. The aggroup winking income totaling nearly $120 meg in 2023.

  • Jill & Co. Realty Group, led by the mother-daughter aggroup of Jill and Hannah O’Shaughnessy. A family-owned and women-led business, Jill & Co. Realty Group is the prototypal autarkical impact to tie Real in New Hampshire. The 37-agent aggroup serves Southern New county and the Greater Beantown area. A 20-year playing veteran, Jill O’Shaughnessy has ingrained a estimation for work agents to succeed. Since its origination in 2018, the aggroup has oversubscribed 2,000 homes totaling $815 meg in sales, including $110 meg in 2023.

  • Tafoya Real Estate, led by histrion Tafoya. The 40-agent aggroup serves California’s San Joaquin Valley, including Fresno, Frank and Madera. Specializing in residential and rural properties, the aggroup winking income totaling $98 meg in 2023.

  • The Ethridge Team, led by Erin Ethridge. Founded in 2017, the 33-agent aggroup serves the constellation Metro with a pore on the East Valley. The aggroup hierarchical in the crowning 1% of Realtors in constellation by RealTrends and winking income totaling $97 meg in 2023.

  • Think Real Estate Group, led by Dave Robles. The 16-agent aggroup serves the north Los Angeles Atlantic from tone to Pasadena. With bag income totaling $73 meg in 2023, the aggroup hierarchical No. 76 in the realty of Calif. by RealTrends supported on income volume.

  • Jenkins Real Estate Group, led by Brandon Jenkins. The nine-agent aggroup serves Mechanicsville, Va., and winking income totaling $53 meg in 2023.

  • Good Day Home Team (Formerly SC Real Estate Mamas), led by Raquel Marchant, Kimberly Thurman and Tami Sims. The eight-agent aggroup serves Southern Calif. and Middle Tennessee. Ranked among the crowning 1% of teams bringing Santa Clarita Valley, Calif., Good Day Home Team winking income totaling $50 meg in 2023.

  • ALANTE Real Estate, led by Susana Murphy. The nine-agent aggroup specializes in wealth bag income throughout Massachusetts’ South Shore and Cape Cod communities. Founded in 2013, the autarkical impact is a acquirer of the Luxury Institute’s “Best Luxury Property Marketing Campaign” award. It winking bag income totaling $42 meg in 2023, and connected low Real’s Private Label program.

  • Make It Home, led by Shaun Simpson. Founded in 2018, the seven-agent aggroup serves Central Ohio, including Columbus. A striking topical actualised realty figure, doc serves on the commission of directors of the metropolis REALTORS and river REALTORS associations. Since 2020, the aggroup has winking bag income valued at more than $110 million, including $40 meg in 2023.

  • Robinett Group, led by Jake Robinett. The eight-agent aggroup serves Washington’s Snohomish County and close areas. The team, which specializes in realty and newborn construction, winking income totaling $180 meg since 2018, including $40 meg in 2023.

  • Live Local Real Estate Group, led by Theresa Zech and Mike Zahn. The eight-agent aggroup serves the constellation metropolitan area. It winking bag income totaling $37 meg in 2023.

  • Core Maryland, led by Lou Chirgott. The 15-agent aggroup serves Central Maryland, including Baltimore. The aggroup has winking bag income totaling $37 meg in 2023.

  • The Couv Group, led by author Couvillion. The four-agent aggroup serves the Greater Baton Rouge, La., metropolitan area. Ranked in the crowning 1% of every Realtors in Louisiana, the aggroup winking income totaling $30 meg in 2023.

  • The choreographer histrion Group, led by choreographer Martin. The four-agent aggroup serves Central Maryland. Since its origination in 2020, the aggroup has grown to embellish the No. 30 diminutive aggroup in the realty supported on creation with bag income totaling $30 meg in 2023.

  • Blue Chip Presales Team, led by Akaash Bali. Founded in 2023, the five-agent aggroup primarily serves nation Columbia’s Fraser Valley, including county and Langley. The aggroup winking income totaling $28 meg in 2023; its income in the prototypal half of 2024 hit exceeded $22 million.

  • Real Estate Done Right, led by Melissa Tetreault. The two-agent aggroup serves the Coeur d’Alene, Idaho and Spokane, Wash. markets. Ranking No. 29 in Idaho and No. 20 in the realty of Washington, the aggroup winking income totaling $25 meg in 2023.

About Real

Real (NASDAQ: REAX) is a actualised realty undergo consort employed to attain life’s most Byzantine dealings simple. The fast-growing consort combines primary actualised estate, mortgage and approaching services with coercive profession to have a azygos unseamed end-to-end consumer experience, guided by trusty agents. With a proximity throughout the U.S. and Canada, Real supports more than 20,000 agents who ingest its digital impact papers and tight-knit professed accord to noesis their possess forward-thinking businesses.

Forward-Looking Information

This advise promulgation contains forward-looking aggregation within the message of practical river securities laws. Forward-looking aggregation is often, but not always, identified by the ingest of text much as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an circumstance or termination “may”, “will”, “should”, “could” or “might” become or be achieved and another kindred expressions. These statements emit management’s underway beliefs and are supported on aggregation currently acquirable to direction as of the fellow hereof. Forward-looking aggregation in this advise promulgation includes, without limiting the foregoing, expectations regarding Real’s businessperson count.

Forward-looking aggregation is supported on assumptions that haw establish to be incorrect, including but not restricted to Real’s playing objectives, due growth, results of operations, performance, playing projects and opportunities and business results. Real considers these assumptions to be commonsensible in the circumstances. However, forward-looking aggregation is person to famous and uncharted risks, uncertainties and another factors that could drive actualised results, action or achievements to dissent materially from those spoken or tacit in the forward-looking information. Important factors that could drive much differences include, but are not restricted to, slowdowns in actualised realty markets, scheme and playing downturns, Real’s knowledge to draw newborn agents and keep underway agents and those venture factors discussed low the way “Risk Factors” in the Company’s Annual Information Form dated March 14, 2024, a double of which is acquirable low the Company’s SEDAR+ strikingness at www.sedarplus.ca. These factors should be carefully thoughtful and readers should not locate unreasonable certainty on the forward-looking statements. Although the forward-looking statements contained in this advise promulgation are supported upon what direction believes to be commonsensible assumptions, Real cannot verify readers that actualised results module be conformable with these forward-looking statements. These forward-looking statements are prefabricated as of the fellow of this advise release, and Real assumes no obligation to update or reorganise them to emit newborn events or circumstances, eliminate as required by law.

View maker edition on businesswire.com: https://www.businesswire.com/news/home/20240709025240/en/

Contacts

Investor inquiries, gratify contact:
Ravi Jani
Vice President, Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com
908.280.2515

For media inquiries, gratify contact:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221

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