Seasoned Real Estate Veteran to Expand Services, Support
Growth
NEW YORK and TORONTO, Aug. 13,
2021 /CNW/ -- The Real Brokerage Inc. ("Real" or
the "Company") (TSXV: REAX) (NASDAQ: REAX), + in
the United States, today announced
that Eric Eckardt will join its
management team as Chief Consumer Officer.
In this role, Eckardt will join the executive team to support
market expansion and ancillary revenue opportunities. He will also
explore new partnerships and services to benefit Real's customers
and enable Real agents to expand their service offering as trusted
advisers.
"I have known Tamir at Real for a few years now and have been
impressed with his entrepreneurial passion and leadership along
with the company's consistent growth year-over-year," said Chief
Consumer Officer, Eric Eckardt.
"Furthermore, the people and culture are values I align with. At
Real, they genuinely care about their agents and employees. I look
forward to joining their team and supporting their next phase."
Eckardt is a versatile real estate executive, with 25 years
of proven experience working in real estate, technology and
finance. He has previously held leadership positions for public and
private companies, including companies on the NASDAQ and London
Stock Exchange. Eckardt previously sold a company he founded to a
fintech company and was formerly the United States CEO of
Purplebricks. Eckardt served as Vice President for Online Real
Estate at Altisource, where he was responsible for the growth,
market penetration and profitability of Hubzu.com and other online
assets. Eckardt has founded several start-up companies during his
career, including a mortgage and real estate company with two
successful exits in 2009 and in 2018.
A licensed real estate broker in New
York since 2004, Eckardt received his bachelor's degree in
Finance from Pace University and
completed executive education programs at both the Columbia Business School and The Tuck School of
Business at Dartmouth. Eckardt was
also recognized by SP200 as one of The Most Powerful Leaders in The
Residential Real Estate Brokerage Industry in 2019 and REAL Trends
GC2019 Game Changer.
"This is an exciting time to have Eric join the executive team
here at Real," said Real co-founder and CEO Tamir Poleg. "Our organization is expanding and
given Eric's strong background and key relationships in the
industry, we are confident that Eric will play a key role in
creating opportunities with and for our customers to ensure they
have the best home-buying experience."
Corporate Update
Real also announced today that pursuant to Real's stock option
plan, on August 11, 2021, an
aggregate of 250,000 stock options were granted to an officer of
Real. The options will vest over a 3-year period.
About Real
Real (www.joinreal.com) is a
technology-powered real estate brokerage operating in 31 U.S.
states and the District of
Columbia. Real is building the future, together with agents
and their clients. Real creates financial opportunities for agents
through better commission splits, best-in-class technology, revenue
sharing and equity incentives.
Contact Information
For additional information, please
contact:
The Real Brokerage Inc.
Caroline Glennon
ryan@therealbrokerage.com
1+201-564-4221
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 at the date hereof. Forward-looking information in
this press release includes, without limiting the foregoing,
information relating to Real appointing Eric Eckardt as its Chief Consumer Officer and
the business and strategic plans of Real.
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.
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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release, and the NASDAQ has neither approved nor disapproved
the contents of this press release.
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SOURCE The Real Brokerage Inc.