Real Begins September With More than 21,000 Agents
September 10 2024 - 7:30AM
Business Wire
Top-performing teams continue to join Real’s
technology-powered platform
The Real Brokerage Inc. (NASDAQ: REAX), a
technology platform reshaping real estate for agents, home buyers
and sellers, today announced it continued to add top teams
throughout North America in August. The company’s agent count now
stands at more than 21,000.
“Real continues to attract high-performing teams and independent
brokerages who are looking for a brokerage partner dedicated to
serving them and their evolving needs,” said Sharran Srivatsaa,
President of Real. “The agents joining in August bring a wide range
of experience serving clients throughout the U.S. and Canada, and
we are thrilled to welcome them to Real.”
The following are some of the teams joining Real during the
month of August:
- Story House Real Estate, led by Sasha Tripp. Consistently
ranked as one of the best brokerages in Charlottesville, Va., the
boutique firm brings six agents to Real. Since its founding in
2018, Story House has distinguished itself by giving back to the
community through volunteer hours, local sponsorships and a
donation on behalf of each closed client to a charity of their
choice. The brokerage completed home sales totaling $120 million in
2023 and joins as part of Real’s Private Label program, designed
for brokerages looking to maintain the brand they’ve built.
- Wendy Rodriguez Real Estate Team, led by Wendy Rodriguez. The
six-agent team is based in Bay Shore, N.Y. and serves Long Island’s
South Shore. Founded in 2020, the team closed home sales totaling
$50 million in 2023.
- Capital and Coast, led by Pam Saxman. The team’s 11 agents
serve the Raleigh area to the North Carolina Coast. Since 2022,
Capital and Coast has closed home sales valued at more than $90
million, including $50 million in 2023.
- More Estates, led by Zack Sperow and Jacque Gaitan. The
three-agent team serves California's Napa Valley, Solano and Sonoma
counties. Sperow was named a Rising Star during his first year as
an agent. Since 2017 the independent brokerage has closed home
sales totaling over $192 million, including $39 million in 2023.
More Estates joins as part of Real’s Private Label program,
designed for brokerages looking to maintain the brand they’ve
built.
- Reach Home Group, led by Matthew Kochis. Founded in 2022, the
10-agent team serves the Greater Phoenix metro. It closed sales of
$39 million in 2023.
- HBH Realty, led by Jordan Hosey. The six-agent team serves the
Birmingham, Ala., metropolitan area and has distinguished itself by
offering a comprehensive approach designed to help their clients
achieve their financial goals. Named Rookie of the Year by the
Birmingham Association of Realtors in 2017, Hosey and her team
closed home sales valued at $31 million in 2023.
- Talia & Associates, led by Talia Gila. The newly formed
team brings four agents to Real who will serve the Greenville, S.C.
metro. As a solo agent, Gila sold 83 homes valued at $29 million in
2023.
- Expand Real Estate Group, led by Omar Alfaro. Founded in 2016,
the team’s 15 agents serve California’s Inland Empire, including
Rancho Cucamonga, Ontario, Victorville, Apple Valley, Hesperia, San
Bernardino, Big Bear Lake, Arrowhead Lake and Sugarloaf. It closed
home sales totaling $25 million in 2023.
- The Logan Home Group, led by John Logan. Logan leverages his
military background to help Veterans and military service members
and their families with their real estate needs throughout
Maryland, Northern Virginia and D.C. The four-agent team closed 55
home sales valued at more than $24 million in 2023.
About Real
Real (NASDAQ: REAX) is a real estate experience company working
to make life’s most complex transaction simple. The fast-growing
company combines essential real estate, mortgage and closing
services with powerful technology to deliver a single seamless
end-to-end consumer experience, guided by trusted agents. With a
presence throughout the U.S. and Canada, Real supports more than
21,000 agents who use its digital brokerage platform and tight-knit
professional community to power their own forward-thinking
businesses.
Forward-Looking Information
This press release contains forward-looking information within
the meaning of applicable Canadian securities laws. Forward-looking
information is often, but not always, identified by the use of
words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”,
“expect”, “likely” and “intend” and statements that an event or
result “may”, “will”, “should”, “could” or “might” occur or be
achieved and other similar expressions. These statements reflect
management’s current beliefs and are based on information currently
available to management as of the date hereof. Forward-looking
information in this press release includes, without limiting the
foregoing, expectations regarding Real’s agent count.
Forward-looking information is based on assumptions that may
prove to be incorrect, including but not limited to Real’s business
objectives, expected growth, results of operations, performance,
business projects and opportunities and financial results. Real
considers these assumptions to be reasonable in the circumstances.
However, forward-looking information is subject to known and
unknown risks, uncertainties and other factors that could cause
actual results, performance or achievements to differ materially
from those expressed or implied in the forward-looking information.
Important factors that could cause such differences include, but
are not limited to, slowdowns in real estate markets, economic and
industry downturns, Real’s ability to attract new agents and retain
current agents and those risk factors discussed under the heading
“Risk Factors'' in the Company’s Annual Information Form dated
March 14, 2024, a copy of which is available under the Company’s
SEDAR+ profile at www.sedarplus.ca. These factors should be
carefully considered and readers should not place undue reliance on
the forward-looking statements. Although the forward-looking
statements contained in this press release are based upon what
management believes to be reasonable assumptions, Real cannot
assure readers that actual results will be consistent with these
forward-looking statements. These forward-looking statements are
made as of the date of this press release, and Real assumes no
obligation to update or revise them to reflect new events or
circumstances, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240910972019/en/
Investor inquiries, please contact: Ravi Jani Vice President,
Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com 908.280.2515
For media inquiries, please contact: Elisabeth Warrick Senior
Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com 201.564.4221
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