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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 is revolutionizing the residential real estate industry by pairing technology with the guidance of agent-led experience. It delivers a cloud-based platform to improve efficiencies and enable agents to provide a seamless end-to-end experience for home buyers and sellers. The Company is focused on developing technology to enhance real estate agent performance while building a scalable, efficient brokerage operation. It provides a seamless end-to-end home buying experience for consumers, including access to ancillary services, such as mortgage and title services. Its technology stack puts agents at the center of a real estate transaction and supports agents in helping their customers. The Company serves 50 states, the District of Columbia, and four Canadian provinces with more than 20,000 agents.


NDAQ:REAX - Post by User

Comment by Redrum180on Sep 03, 2020 7:34am
86 Views
Post# 31500304

RE:shoots

RE:shootsI came to this bulletin board to find out that very thing!  One speculation I have is that since they're operating in NYC, they could be doing a land office business in selling condos being that an estimated 420,000 New Yorkers moved out from March1-May 1, a 90-day period.  I bought the stock partially on that basis, that they would get a share of that move out/move in business.


It's widely reported that California is losing a lot of peeps as well.  Maybe that is what is driving the price of the stock.  Their business model seems disruptive but I'm not an expert on that.  

There should be scuttlebut about this but I am not close to the company or any of its sales people.

Mark
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