Business
The Real Brokerage Inc. Announces First Quarter 2025 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)-- The Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”), a technology platform reshaping real estate for
About this update from The Real Brokerage, Inc.
[{"type":"text","content":" TORONTO & NEW YORK--(BUSINESS WIRE)--\nThe Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”), a technology platform reshaping real estate for agents, home buyers, and sellers, announced today financial results for the first quarter ended March 31, 2025.\n\n“Real delivered outstanding results to start 2025, continuing our track record of differentiated growth,” said Tamir Poleg, Real’s Chairman and Chief Executive Officer. “Our focus on innovation remains central to our success. With Leo CoPilot, our AI-powered agent assistant, and continued momentum in Real Wallet, we believe we are building moats that increase the value of our platform to agents — helping them grow their businesses and attracting top talent to Real. We are committed to building a platform that generates sustainable, long-term growth and returns.”\n\n“At Real, our focus is simple - we want what’s best for agents and their clients,” said Sharran Srivatsaa, President of Real. “Markets shift and rules change, but our model was built to win in any environment — by helping our agents stay ahead, grow their businesses, and deliver for home buyers and sellers. As the market continues to recover, we will lead the industry with grace, transparency, and a spirit of collaboration over competition.”\n\n“Our first quarter results demonstrate the strength, scalability, and resilience of our platform,” said Ravi Jani, Real’s Chief Financial Officer. “Looking ahead, we remain focused on driving above-market growth and improving margins, with a disciplined approach to capital allocation. Our strategy is grounded in creating long-term value for our agents, partners, and shareholders.”\n\nQ1 2025 Operational Highlights1\n\n\nThe total value of completed real estate transactions reached $13.5 billion in the first quarter of 2025, an increase of 80% from $7.5 billion in the first quarter of 2024.\n\n\nThe total number of transactions closed was 33,617 in the first quarter of 2025, an increase of 77% from 19,032 in the first quarter of 2024.\n\n\nThe total number of agents on the platform increased to 26,870 at the end of the first quarter of 2025, an increase of 61% from the first quarter of 2024. As of May 8, 2025, approximately 27,700 agents are now on the Real platform.\n\n\nQ1 2025 Financial Highlights\n\n\nRevenue rose to $354.0 million in the first quarter of 2025,...