Business
Real Continues to Strengthen Presence Throughout North America
Fastest-growing, publicly traded brokerage wraps up another strong month of growth; Real’s agent count now exceeds 19,000 TORONTO & NEW YORK--(BUSINESS
About this update from The Real Brokerage, Inc.
[{"type":"text","content":"\nFastest-growing, publicly traded brokerage wraps up another strong month of growth; Real’s agent count now exceeds 19,000\n\n\n TORONTO & NEW YORK--(BUSINESS WIRE)--\nThe Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced that it continues to strengthen its footprint throughout North America following another strong month of agent attraction. Real’s agent count now exceeds 19,000.\n\n\n“We couldn’t be happier that the Real platform, which is rooted in a unique agent value proposition, proprietary technology and a culture of innovation and collaboration, continues to attract some of our industry’s top professionals,” Real President Sharran Srivatsaa said. “As Real’s footprint continues to grow, we owe our success to our agents and the talented individuals, teams and independent brokerages we attracted in May that make us stronger collectively.”\n\n\nKey drivers of Real’s rapid growth in 2024 include the company’s Private Label and ProTeams programs, which were introduced at the start of the year to make it easier for independent brokerage firms and teams to align with the company. Through Private Label, Real’s white label program, independent brokerages can maintain their own brand while benefiting from Real’s resources. The ProTeams program offers flexibility by allowing teams to customize team members’ caps, splits and fees down to the individual team member level, enabling them to embrace the structure that works best for them while enjoying the advantages associated with being a part of Real.\n\n\nBelow are some of the top-producing teams and agents who joined Real in May:\n\n\n\nInhabit Real Estate, led by Eric Hagstette. The independent brokerage serves the Portland, Ore., metropolitan area and Southwest Washington. It brings 30 agents and joins under Real’s Private Label program. Since its founding in 2013, Inhabit has developed a reputation for its highly trained agents, many of whom create their own inventory by building relationships with developers and builders to deliver new homes to the market. It is also known for its work in the luxury market. Inhabit has closed home sales totaling $720 million since 2020, including $134 million in 2023.\n\n\n\nTK Group & Club, led by Shyne Taghvaei and Ryan Krishnan. The 20-agent multicultural team serves Vancouver, Br...