Real Brokerage Stock Price, News & Analysis

The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) reported impressive financial results for Q4 2021 and FY 2021, achieving 612% growth in Q4 revenue to $50 million and 635% annual revenue growth to $122 million. Gross profit rose 415% to $11 million for the year. However, net operating loss increased to $11.7 million from $3.6 million in 2020. The company also reported cash flow from operations surged 342% to $3.9 million. With $38 million in cash, Real continues to pursue growth strategies, focusing on enhancing technology and expanding revenue streams.

The Real Brokerage Inc. (REAX) has expanded its operations into Arkansas, marking its presence in 42 U.S. states, the District of Columbia, and Canada. The company has appointed David Dunlap as Principal Broker, who will lead the new venture. Accompanying this launch, Pixel Properties Realty, led by Ray Ellen and Sarah Bailey, has joined Real, bringing an additional 40 agents. Real aims to enhance its market position in Arkansas, leveraging technology and resources to empower its agents and expand in the southern U.S.

The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) has announced that The Perry Group, a leading real estate team from Salt Lake City with over 85 agents, will join its network. The Perry Group was recognized as the top team in Utah by RealTrends in 2021. Co-founders Jack and Michael Perry emphasized the integration of traditional brokerage with advanced technology as essential for future success in real estate. This addition aligns with Real's strategy to incorporate successful teams and cater to the increasing buyer interest in Utah.

The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) will present at the 34th annual Roth Conference on March 14, 2022, at 8:30 am PT. A webcast of the presentation is available here. Real is a technology-driven real estate brokerage active in 41 U.S. states and parts of Canada, boasting over 4,000 agents. The company focuses on financial opportunities for agents through improved commission structures and technology.

The Real Brokerage Inc. (REAX) will announce its fourth quarter and full year 2021 financial results on March 18, 2022, before market open. A conference call will follow on the same day at 11:00 a.m. EST to discuss the outcomes. The brokerage operates in 41 U.S. states and Canada, focusing on technology-led solutions for over 4,000 agents. Real aims to enhance agents' financial prospects through favorable commission structures and equity incentives.

The Real Brokerage Inc. (TSXV: REAX; NASDAQ: REAX) announced the integration of North Group, a prominent real estate team based in Ontario, into its expanding network. This partnership aims to leverage North Group's established presence in the Canadian market, which boasts over 40,000 clients. North Group’s founder, Amy Youngren, expressed confidence that this collaboration will enhance their growth through advanced technology and a focus on community. CEO Tamir Poleg welcomed North Group, highlighting the synergies in growth and innovation.

The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) has announced its expansion into New Mexico, marking its operations in 41 states and Canada. The company has appointed Olga C'de Baca as the Qualifying Broker, who aims to leverage her experience to promote homeownership. CEO Tamir Poleg emphasized the significance of this expansion, enhancing ties in the Southwest. Real's technology-driven platform offers agents better commission structures and growth opportunities.

The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) announced reaching over 4,000 real estate agents in its network, up from 3,000 in October 2021. The company expanded its operations across 40 U.S. states and into Ontario, Canada, launching new services like Instant Payment for agents and acquiring Expetitle, Inc. Key leadership additions include Katharine Mobley as CMO and Raj Naik as COO. CEO Tamir Poleg emphasized the focus on providing agents with attractive commission structures and innovative technology as part of its growth strategy.

The Real Brokerage Inc. (TSXV: REAX, NASDAQ: REAX) announced the addition of The Invidiata Team, a luxury real estate group based in Ontario, Canada, to its network. Led by Christopher Invidiata, the team has achieved over $4 billion in sales and has been recognized as a leading RE/MAX team. This integration aims to enhance Real's presence in the Canadian luxury market. Additionally, the company granted 176,854 restricted share units to certain directors, vesting over a year. The move signals growth potential for Real in Ontario's real estate sector.