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Resaas Services Inc V.RSS

Alternate Symbol(s):  RSASF

RESAAS Services Inc. is a technology company serving the real estate industry. The Company is engaged in uniting all real estate brokerages and agencies in one global, centralized industry platform. It is focused on the development of Web and mobile communications software for the real estate industry. It has developed a cloud-based technology platform for the real estate industry servicing multiple listing services (MLSs), franchises, real estate brokerage and real estate agents on a business-to-business (B2B) basis. Its Platform enables Agents to communicate with other Agents globally, find leads, send and receive referrals to generate business opportunities, create pre-market property listings before they are made available to the MLS, create off-market property listings that are intended for a closed group and create on-market property listings. Its solutions include RealTimeMLS, RESAAS CODE and BrokerOS. RealTimeMLS is a real-time listing solution and communication platform.


TSXV:RSS - Post by User

Post by GARPInvestoron May 31, 2019 9:07pm
329 Views
Post# 29790516

Nice results, RE scl mktg, better growth than MJ stocks, lol

Nice results, RE scl mktg, better growth than MJ stocks, lolReal Estate market is ripe for disruption, great hunting in this area. UI.v also posted some boker numbers this week. RESAAS is building a Realtor social network, looks like some are willing to pay for subscription to participate in their referral network. What other perks are there that make it worth paying for? UI.v provides immersive tours of houses and RE photographer enterprise system....helping full service realtors distinguish their properties. Great numbers there too: Highlights Revenue of $1,219,000 with a growth of $798,000 or 190% for the three-month period ended March 31, 2019, compared to the three-month period ended March 31, 2018; Gross profit of $602,000 for the three-month period ended March 31, 2019, compared to $65,000 for the three-month period ended March 31, 2018; Net earnings of $58,734 for the three-month period ended March 31, 2019, compared to a net loss of $354,398 for the three-month period ended March 31, 2018; Completion of Tourbuzz products technological integration;
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