Real Brokerage - REAX STOCK NEWS

Real Brokerage (NASDAQ: REAX) has reached 25,000 agents, with January 2025 projected to be its fastest growth month ever, adding nearly 1,000 agents monthly in 2024. The company operates across all 50 U.S. states and four Canadian provinces, offering agents proprietary technology through its reZEN platform.

Real has recently launched several key programs: Private Label, ProTeams, and Real Wallet. The latter provides financial services including business checking accounts in the U.S. and credit lines in Canada. Notable recent additions include Harvest Realty (550 agents, $2.4B in 2024 sales), The Burgman Group, Spyglass Realty (140 agents, $400M in 2024 sales), and Craft & Bauer Real Estate (60 agents, $512M in sales).

Real Brokerage (NASDAQ: REAX) has released its December 2024 Agent Survey, showing increased optimism for market recovery in 2025. The Agent Optimism Index reached a new high of 76.4, with 81% of agents feeling more optimistic about their local market outlook.

The survey revealed notable stability in commission rates. In the US, 55% of agents reported no significant changes in buy-side commission rates, while 64% noted stable listing-side rates in 2024. Looking ahead to 2025, 52% expect buy-side rates to remain steady, and 60% anticipate stable listing-side commissions.

Market conditions show a balanced distribution: 30% of agents describe their market as buyer-dominated, 30% as seller-dominated, and 40% as balanced. Affordability remains the primary concern for homebuyers, cited by 59% of agents, followed by inventory constraints at 23%. The Transaction Growth Index showed modest contraction at 47.7 in December, with Canada maintaining expansion at 56.7 while the US slightly declined to 46.8.

The Real Brokerage Inc. (NASDAQ: REAX) has announced that Ryan Rodenbeck's Spyglass Realty is joining Real under their Private Label program. Spyglass, with 140 agents and projected 2024 sales volume of nearly $400 million, will nearly double Real's presence in Austin.

Rodenbeck, host of the #RealtyHack podcast and a nine-time Austin Platinum Top 50 Realtors award recipient, founded Spyglass in 2008. The brokerage has expanded significantly since 2015, recently entering the Houston market. Spyglass has earned notable recognition, including being named Indy Broker of the Year by the Austin Board of Realtors in 2019 and ranking as a Best Place to Work by the Austin Business Journal for five consecutive years.

The Private Label program allows Spyglass to maintain its brand identity while accessing Real's technology and compensation programs. This strategic move aims to enhance Real's growth in central Texas while expanding Spyglass's capabilities.

Real Brokerage (NASDAQ: REAX), a technology platform transforming real estate services, has announced its participation in the 27th Annual Needham Growth Conference. Chairman and CEO Tamir Poleg will deliver a presentation on Tuesday, January 14, 2025, at 1:30 p.m. ET in New York.

The presentation will be accessible through a live webcast, with a replay available for one year afterward. Interested parties can access the webcast through the provided link or through the investor relations section of Real's website.

The Real Brokerage Inc. (NASDAQ: REAX) has expanded its Florida Space Coast presence by acquiring The Burgman Group. Led by Shane Burgman, a former U.S. Navy Nuclear Submarine Missile Technician, the three-person team has established itself as a top performer with an average of 50 home sales annually, totaling over $200 million in sales during Burgman's 10-year career.

Burgman, who transitioned to real estate in 2015 after serving 10 years in the military, has built a significant social media presence with 22,000 Instagram followers and 5,000 YouTube subscribers, accumulating over 1 million views. At Real, he will join the company's Military Division, specializing in serving Veterans and active-duty service members.

The team was attracted to Real's collaborative community, technology platform, and entrepreneurial focus, including its commission structure and revenue share model.

Real Brokerage (NASDAQ: REAX) announced that Harvest Realty, a Southern California-based independent brokerage, has joined their platform, bringing 550 agents specialized in serving the Chinese community. This addition pushes Real's total agent count above 24,000 across North America.

Harvest Realty, founded in 2014 by Christine Li and John Zhang, has completed 5,210 home sales totaling $6.8 billion, including 1,627 sales valued at $2.4 billion in 2024. The brokerage joins Real under their Private Label program, maintaining their brand while accessing Real's resources and compensation programs.

Harvest's agents will gain access to Real's virtual community platform with automatic translation in over 90 languages, along with revenue share and stock options tied to company success.

The Real Brokerage (NASDAQ: REAX) has released its first-ever Sustainability Report, marking a significant milestone in its commitment to responsible business practices. The report highlights several key initiatives including:

• Enhancement of Leo, an AI-powered virtual assistant for agent productivity
• Expansion of the One Real Impact program supporting agents during hardship
• Implementation of flexible PTO policies for employee well-being
• Development of cybersecurity framework for data protection

With a network of over 23,000 agents across North America, Real's growth strategy emphasizes sustainable practices while leveraging technology to transform the real estate experience for buyers and sellers.

Real Brokerage (NASDAQ: REAX) released its November 2024 Agent Survey showing increasing optimism for the 2025 housing market. 89% of agents expect higher home sales transactions in 2025, with 60% forecasting growth of 5% or more. 75% of agents predict rising home prices, and 90% anticipate mortgage rates falling below current levels (6.5%-7.0%) by end-2025.

The Agent Optimism Index reached 73.1 in November, up from 68.5 in October, with 75% of agents feeling more optimistic. The survey revealed a shift toward a buyer's market, reaching a year-to-date high of 32%. Affordability remains the primary challenge at 62%, while inventory constraints eased to 19%. The Transaction Growth Index improved to 48.3 in November, indicating narrowing market contractions.

Urban Nest Realty, Las Vegas' No. 1 real estate branch, has joined The Real Brokerage Inc. (NASDAQ: REAX). The powerhouse team brings 400 agents and $11 billion in lifetime sales to Real's platform. Led by David J. Tina, David R. Tina, and Angela Tina, Urban Nest has closed over 35,000 home sales, including 2,500 transactions valued at $1.5 billion in 2023.

Founded in 2012, Urban Nest has become known for its agent-first philosophy and strong focus on the metro's luxury sector. The brokerage has received numerous accolades, including Vegas Inc.'s Agency of the Year in 2021 and Agents of the Year in 2023. The merger strengthens Real's footprint in the Las Vegas real estate market and aligns with both organizations' commitment to agent success and industry excellence.