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Nation’s Largest Minority and Woman-Owned Brokerage Joins Real

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The Real Brokerage Inc. announced that Village Premier Collection, the largest minority and woman-owned independent brokerage, has joined their Private Label program, bringing $665 million in annual home sales across six states. Cheri Benjamin, an accomplished entrepreneur and U.S. Air Force veteran, leads Village Premier, which has rapidly grown under her leadership. Real's programs offer independent brokerages the benefits of their tech-first platform while maintaining their own brand.

The Real Brokerage Inc. ha annunciato che Village Premier Collection, la più grande agenzia immobiliare indipendente gestita da minoranze ed e gestita da donne, è entrata a far parte del loro programma Private Label, con vendite annuali di case per un valore di 665 milioni di dollari in sei stati. Cheri Benjamin, un'imprenditrice di successo e veterana della U.S. Air Force, guida Village Premier, che è cresciuta rapidamente sotto la sua direzione. I programmi di Real offrono alle agenzie indipendenti i vantaggi della loro piattaforma tecnologica, mantenendo al contempo il proprio marchio.
The Real Brokerage Inc. ha anunciado que Village Premier Collection, la mayor correduría independiente propiedad de minorías y mujeres, se ha unido a su programa de Etiqueta Privada, aportando ventas anuales de casas por un valor de $665 millones en seis estados. Cheri Benjamin, una emprendedora exitosa y veterana de la Fuerza Aérea de EE. UU., lidera Village Premier, que ha crecido rápidamente bajo su liderazgo. Los programas de Real ofrecen a las corredurías independientes los beneficios de su plataforma orientada a la tecnología mientras conservan su propia marca.
The Real Brokerage Inc.는 소수 및 여성이 소유한 가장 큰 독립 중개 회사인 Village Premier Collection이 자사의 프라이빗 레이블 프로그램에 합류했다고 발표했습니다. 이 회사는 여섯 개 주에서 연간 6억6500만 달러의 주택 판매를 달성했습니다. 성공적인 기업가이자 미 공군 베테랑인 Cheri Benjamin이 Village Premier를 이끌고 있으며, 그녀의 리더십 아래 빠르게 성장하고 있습니다. Real의 프로그램은 독립 중개업체들이 기술 중심의 플랫폼의 이점을 누리면서 자신들의 브랜드를 유지할 수 있도록 지원합니다.
The Real Brokerage Inc. a annoncé que Village Premier Collection, la plus grande agence immobilière indépendante détenue par des minorités et dirigée par des femmes, a rejoint leur programme Private Label, apportant 665 millions de dollars de ventes de maisons annuelles à travers six états. Chéri Benjamin, entrepreneur à succès et vétéran de l'US Air Force, dirige Village Premier, qui a connu une croissance rapide sous sa direction. Les programmes de Real offrent aux agences indépendantes les avantages de leur plateforme axée sur la technologie tout en conservant leur propre marque.
The Real Brokerage Inc. gab bekannt, dass Village Premier Collection, die größte von Minderheiten und Frauen geführte unabhängige Maklerfirma, ihrem Private Label-Programm beigetreten ist und Immobilienverkäufe in Höhe von 665 Millionen Dollar jährlich in sechs Bundesstaaten erbringt. Cheri Benjamin, eine erfolgreiche Unternehmerin und Veteranin der US-Luftwaffe, leitet Village Premier, das unter ihrer Führung schnell gewachsen ist. Die Programme von Real bieten unabhängigen Maklerfirmen die Vorteile ihrer technologieorientierten Plattform, während sie ihre eigene Marke beibehalten.
Positive
  • Real Brokerage Inc. continues to grow its network by bringing in Village Premier Collection, the largest minority and woman-owned independent brokerage with $665 million in annual home sales.
  • Under the leadership of Cheri Benjamin, Village Premier Collection has experienced significant growth, expanding from three offices to nearly 500 agents across multiple states.
  • Real's Private Label program offers independent brokerages like Village Premier the opportunity to leverage Real's tech-focused platform while preserving their own brand identity.
Negative
  • None.

With $665 million in 2023 home sales, Village Premier Collection joins under Real’s Private Label Program

TORONTO & NEW YORK--(BUSINESS WIRE)-- The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced that Village Premier Collection, the nation’s largest minority and woman-owned independent brokerage, has joined the company under its recently launched Private Label program. Based in Atlanta, Village Premier brings $665 million in annual home sales across six states and the District of Columbia.

An accomplished entrepreneur, coach, speaker, author and U.S. Air Force veteran, Cheri Benjamin began her real estate career in 2000. She was hired as Village Premier’s first agent in 2013, and ultimately acquired the brokerage in 2019. Under her leadership the brokerage has grown rapidly over the past five years. Real’s Private Label program offers independent brokerages like Village Premier the ability to benefit from Real's tech-first, entrepreneur-centric platform while maintaining and continuing to invest in their own brand.

“I’ve known and admired Cheri for many years, and I couldn’t be more excited that she sees the value of aligning Village Premier with Real. Her values and business approach mesh seamlessly with Real so this couldn’t be a better fit,” Real President Sharran Srivatsaa said. “The Private Label program was designed for brokerages like Village Premier Collection that have built successful businesses on their own, but that will benefit from the resources of a larger platform. I’m excited to welcome Village Premier to Real and look forward to a long and beneficial partnership.”

Since Benjamin’s acquisition just prior to the pandemic, Village Premier has grown from three offices with 67 agents serving the Atlanta area to become the nation’s largest minority and woman-owned independent brokerage. Today, its nearly 500 agents serve the District of Columbia, Florida, Maryland, North Carolina, South Carolina, Virginia and Washington state.

“At Village Premier, our priority has been to build a community where every agent feels safe and is connected by a shared vision. We believe in reaching down and pulling someone up, and that’s in complete alignment with how Real has built its business. It’s a culture that accepts differences, rewards collaboration over competition and where agents are given the ability to build profitable careers,” Benjamin said.

Benjamin began as an agent in 2006. Her insights and expertise on the real estate industry have garnered national and local recognition.

Introduced in January 2024, Real’s Private Label and ProTeams programs make it easy for independent brokerages and teams to join the company. Through Private Label, Real’s white label program, independent brokerages are able to maintain their own brand, while reaping the benefits associated with being a part of Real. ProTeams, which is available to all teams, leverages Real’s proprietary transaction management platform to provide the flexibility to customize team members’ caps, splits and fees down to the individual team member level, allowing them to maintain their current structure.

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.

Investor inquiries:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com

908.280.2515

For media inquiries:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com

201.564.4221

Source: The Real Brokerage Inc.

FAQ

What is the name of the publicly traded real estate brokerage mentioned in the press release?

The Real Brokerage Inc.

Who is the leader of Village Premier Collection?

Cheri Benjamin

How much in annual home sales does Village Premier Collection bring to Real's Private Label program?

$665 million

In which states does Village Premier Collection operate besides Georgia?

District of Columbia, Florida, Maryland, North Carolina, South Carolina, Virginia, and Washington state.

What programs did Real announce in January 2024 to enable independent brokerages and teams to join the company?

Real's Private Label and ProTeams programs.

The Real Brokerage Inc.

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