The Real Brokerage Inc. Announces First Quarter 2024 Financial Results [Yahoo! Finance]
The Real Brokerage, Inc. - Common Shares (REAX)
Company Research
Source: Yahoo! Finance
real estate for agents, home buyers, and sellers, announced today financial results for the first quarter ended March 31, 2024. "Real delivered exceptional results in what is traditionally the lowest revenue quarter of the year, while setting a new quarterly record for net agent additions, which surpassed 3,000. This performance clearly demonstrates the strong appeal of our agent value proposition in the marketplace," said Tamir Poleg, Real's Chairman and Chief Executive Officer. "Despite higher interest rates and tight inventory impacting overall housing market activity, our strong start to 2024 and our robust transaction pipeline — currently at an all-time high — position Real well for continued significant revenue growth and improved profitability, irrespective of how the end market recovers." "Our ProTeams and Private Label initiatives, which formally launched in January, have received an enthusiastic response. Over 200 agents joined Real this quarter through the Private Label
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News
- The Real Brokerage Renews Normal Course Issuer Bid, Authorizing Share RepurchasesBusiness Wire
- The Real Brokerage Inc. (NASDAQ:REAX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers [Yahoo! Finance Canada]Yahoo! Finance Canada
- Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Fort Worth's Largest Independent Brokerage Joins Real as Part of Private Label Program [Yahoo! Finance]Yahoo! Finance
REAX
Earnings
- 5/7/24 - Miss
REAX
Sec Filings
- 5/17/24 - Form 144
- 5/16/24 - Form 144
- 5/16/24 - Form 144
- REAX's page on the SEC website