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Real Brokerage Inc V.REAX


Primary Symbol: REAX

The Real Brokerage Inc. is a Canada-based technology-powered real estate brokerage company. The Company operates in the United States and Canada through a network of approximately 7,000 agents. The Company offers agents a mobile-focused tech-platform to run their business, as well as providing business terms and wealth building opportunities. The Company is also focused on developing a consumer-facing mobile application to integrate existing and planned ancillary services. Its product portfolio also includes mortgage brokerage services, through LemonBrew Lending, a tech-enabled home loan platform. It delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The Company's subsidiaries include Real Technology Broker Ltd., Real Pipe LLC and Redline Real Estate Group (BC) Inc.


NDAQ:REAX - Post by User

Post by Betteryear2on Aug 16, 2021 8:02am
223 Views
Post# 33708713

Opens in Canada

Opens in Canada

Technology-Powered Real Estate Brokerage Develops International Footprint

TORONTO and NEW YORKAug. 16, 2021 /PRNewswire/ -- The Real Brokerage Inc. ("Real" or the "Company") (TSXV: REAX) (NASDAQ: REAX), an international, technology-powered real estate brokerage, today announced it has launched in Alberta, Canada as "Real Broker AB." With this announcement, Real has launched its first international operations, in addition to operating in 31 states and the District of Columbia in the United States. 

"This expansion into Canada is a major milestone for us," said Real co-founder and CEO Tamir Poleg. "The real estate market in Canada is growing, with significant areas of opportunity. We believe Real can play a key role in the Canadian market and we look forward to building strong relationships with agents and clients in the country and increasing our international footprint."

As part of the expansion, Real has appointed Dan Stante as the provincial broker for Alberta, and will be the first Real agent in Canada. Mr. Stante is currently a director of the Calgary Real Estate Board. In this role, he served on the Technology Standing Committee, where he assisted in implementing technological changes for the board to move to the Matrix MLS Platform. This included integrating ShowingTime and developing in-house mapping and tax tools. Mr. Stante is also on the board's Governance Standing Committee. The remaining Sano Stante Real Estate's Calgary-based team will be joining Real.

"We saw joining Real as a great opportunity to not only grow our business, but leverage our established local brand," said Dan Stante. "We are always keen to sharpen the edges and Real is equipped with the right technology, culture and people to provide an advantage to agents in this competitive business." 

The Company further announced today that Tyrel Laqua will also be joining Real in Canada as a branch manager. Mr. Laqua has been in the real estate industry since 2005 and became a broker in 2010. 

"I believe that with Real's technology, business model and brand, we will be able to quickly grow a great team here," said Mr. Laqua, "I can now offer my agents things that as a small company we would never have had access to. Real will provide agents the ability to build their own brand, hold stock in the company and create a future in today's real estate market." 

About Real

Real (www.joinreal.com) is a technology-powered real estate brokerage operating in 31 U.S. states, the District of Columbia and Canada. Real is building the future, together with agents and their clients. Real creates financial opportunities for agents through better commission splits, best-in-class technology, revenue sharing and equity incentives.

 
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