Real Brokerage Stock Price, News & Analysis

The Real Brokerage Inc. (NASDAQ: REAX), a rapidly growing real estate brokerage, announced its third quarter 2022 financial results will be released before market open on November 10, 2022.

A conference call will follow at 11:00 AM EST to discuss these results, with a replay available for a year. This event highlights the company's ongoing commitment to transparency regarding its business performance and strategic growth initiatives.

The Real Brokerage Inc. (NASDAQ: REAX) has successfully obtained a receipt for a final short form base shelf prospectus, allowing the company to distribute up to US$200 million in securities over a 25-month period. This includes common shares, warrants, units, debt securities, and subscription receipts. The registration statement has been filed with the SEC but is not yet effective, meaning securities cannot be sold in the U.S. until it becomes effective. The Shelf Prospectus will provide further details on any upcoming offerings.

The Real Brokerage Inc. (NASDAQ: REAX) has surpassed 7,000 agents, highlighted during its inaugural One Real Conference in San Antonio, Texas, held from October 17-19, 2022. Key initiatives include launching an early version of a consumer app aimed at enhancing the home buying experience, the rollout of its proprietary reZEN platform to U.S. and Canadian agents, in-house coaching for agents, and expansion of Real Title operations to 19 states. The company continues to focus on tools and frameworks designed to boost agent productivity and improve financial performance.

The Real Brokerage Inc. (NASDAQ: REAX) will live stream select sessions from the inaugural One Real Conference on October 18, 2022, in San Antonio, Texas. The conference runs from October 17 to 19, 2022, featuring insights from Real’s leadership and Board of Directors. Attendees can register for live streaming sessions to learn about new initiatives and the company's future vision. The event schedule includes sessions on technology, training, and a leadership Q&A. More details and registration links are available on their website.

The Real Brokerage Inc. (NASDAQ: REAX) has expanded its agent network by onboarding Cook & Associates Real Estate Advisors from the Greater Phoenix area, which closed approximately $220 million in sales over the past year. Founded in 2005 by Kelly Cook, the team emphasizes a collaborative culture to enhance individual and collective success in real estate. CEO Tamir Poleg expressed excitement over this partnership, aiming to strengthen their market presence in Arizona. This strategic move aligns with Real's mission to leverage technology in real estate, serving over 6,000 agents across 44 states and Canada.

The Real Brokerage Inc. (NASDAQ: REAX) announced its acquisition of LemonBrew Lending Corp., a tech-enabled home loan platform operating in 20 U.S. states. The acquisition, valued at $1.25 million, will enhance Real's end-to-end home buying strategy. The payment includes $800,000 in cash and shares worth $450,000. CEO Samir Dedhia and 25 employees from LemonBrew will join Real, creating synergies in the mortgage sector. The deal is expected to close in Q4 2022, pending regulatory and employment agreements.

The Real Brokerage Inc. has announced the appointment of Dre Madden as Chief Marketing Officer. Madden, a seasoned marketer with over 20 years of experience, will focus on enhancing brand awareness and expanding the company's agent base. Her previous roles include leadership positions at StubHub and OpenTable. CEO Tamir Poleg expressed enthusiasm for Madden's addition, emphasizing her alignment with the company's growth objectives. The company aims to leverage Madden's expertise to boost visibility and demand generation across national and international markets.

The Real Brokerage Inc. (NASDAQ: REAX) announced that CEO Tamir Poleg will present at the Singular Research Autumn Equinox Webinar on September 14, 2022, at 10:00am PT (1:00pm ET). Interested parties can access the live broadcast via the company's website or directly at the provided webcast link. Real Brokerage is transforming residential real estate with its cloud-based platform, serving over 6,000 agents across 44 states, D.C., and two Canadian provinces since its founding in 2014.

The Real Brokerage Inc. (NASDAQ: REAX) has announced the expansion of its brokerage network in Canada with the addition of The Crew Real Estate, a well-established team from Ontario. This team, founded by Ryan Campbell, comprises 17 agents who have achieved approximately $300 million in home transactions over the past year. The partnership aims to enhance Real's market presence and leverage cutting-edge technology to improve agent performance and client experience.