Bullboard - Stock Discussion Forum 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... see more

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Resaas Services Inc > Resaas news - a bit of profit!

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Post by hipfner on Dec 02, 2020 8:49am

Resaas news - a bit of profit!

VANCOUVER, BC, Dec. 2, 2020 /CNW/ - RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce that November 2020 was the Company's first profitable month.

"This is a significant milestone for RESAAS, and a turning point for the Company. Throughout 2020, the Company signed several strategic and revenue-generating agreements, reduced expenses, and expanded our product offering," said Tom Rossiter, CEO of RESAAS. "Since launching our $99/month Ultimate subscription tier at the beginning of October, we have seen a tremendous response from real estate agents that depend on the RESAAS Platform. The RESAAS network of near 500,000 real estate agents holds tremendous value, positioning the Company for continued growth throughout the fourth quarter of 2020 and into an exciting 2021."

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