Technology-Powered Real Estate Brokerage Develops
International Footprint
TORONTO and NEW YORK, Aug. 16,
2021 /CNW/ -- The Real Brokerage Inc. ("Real" or the
"Company") (TSXV: REAX) (NASDAQ: REAX), an international,
technology-powered real estate brokerage, today announced it has
launched in Alberta, Canada as
"Real Broker AB." With this announcement, Real has launched its
first international operations, in addition to operating in 31
states and the District of
Columbia in the United States.
"This expansion into Canada is
a major milestone for us," said Real co-founder and CEO
Tamir Poleg. "The real estate market
in Canada is growing, with
significant areas of opportunity. We believe Real can play a key
role in the Canadian market and we look forward to building strong
relationships with agents and clients in the country and increasing
our international footprint."
As part of the expansion, Real has appointed Dan Stante as the provincial broker for
Alberta, and will be the first
Real agent in Canada. Mr. Stante
is currently a director of the Calgary Real Estate Board. In this
role, he served on the Technology Standing Committee, where he
assisted in implementing technological changes for the board to
move to the Matrix MLS Platform. This included integrating
ShowingTime and developing in-house mapping and tax tools. Mr.
Stante is also on the board's Governance Standing Committee. The
remaining Sano Stante Real Estate's Calgary-based team will be joining Real.
"We saw joining Real as a great opportunity to not only grow our
business, but leverage our established local brand," said
Dan Stante. "We are always keen to
sharpen the edges and Real is equipped with the right technology,
culture and people to provide an advantage to agents in this
competitive business."
The Company further announced today that Tyrel Laqua will also be joining Real in
Canada as a branch manager. Mr.
Laqua has been in the real estate industry since 2005 and became a
broker in 2010.
"I believe that with Real's technology, business model and
brand, we will be able to quickly grow a great team here," said Mr.
Laqua, "I can now offer my agents things that as a small company we
would never have had access to. Real will provide agents the
ability to build their own brand, hold stock in the company and
create a future in today's real estate market."
About Real
Real (www.joinreal.com) is a technology-powered real estate
brokerage operating in 31 U.S. states, the District of Columbia and Canada. 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's expansion to
Canada, members of the Sano Stante
Real Estate team joining Real 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.