Business
The Real Brokerage Expands Southern California Presence With the Addition of Active Realty and Power Real Estate Group
Top-producing teams bring 130 agents to Real TORONTO & NEW YORK--(BUSINESS WIRE)-- The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing
About this update from The Real Brokerage, Inc.
[{"type":"text","content":"\nTop-producing teams bring 130 agents to Real\n\n\n TORONTO & NEW YORK--(BUSINESS WIRE)--\nThe Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced today that Active Realty and Power Real Estate Group, two of Southern California's most productive real estate teams, have joined the Company.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230622027921/en/Justin Tye, who heads Active Realty, is bringing his 30-agent team to The Real Brokerage. (Photo: Business Wire)\nActive Realty is led by Justin Tye and Power Real Estate is led by Jose Samano and Jeff Mcgonigle. Together, they bring a total of 130 agents serving Southern California from Los Angeles to San Diego.\n\n\n“We are thrilled to welcome Active Realty and Power Real Estate to Real,” said Real President Sharran Srivatsaa. “Justin, Jose and Jeff are some of the most hard-working people in the residential real estate industry. They have built great teams founded on collaboration and putting the needs of their agents and clients first, and will significantly enhance the Real brand throughout Southern California.”\n\n\nFounded in 2014, Tye brings two decades of experience to Active Realty and has grown the team to rank No. 1 among the top real estate teams in Southern California, according to RealTrends. In addition to being an active producer, Tye is a mentor to real estate professionals and young entrepreneurs. Active Realty’s team of experienced agents serve 208 markets spanning from western Los Angeles to Orange County, Riverside, San Bernardino and San Diego. In 2022, the 30-agent team completed 1,000 transactions valued at $1 billion in total volume.\n\n\n“As a producing broker who is passionate about helping people find their dream home, Real provides the support that allows me to focus on my clients, knowing that my agents have what they need to succeed,” Tye said.\n\n\nFormed in 2021, Anaheim-based Power Real Estate has built a reputation for embracing diversity. It brings a total of 100 agents who hail from more than two dozen different countries. In 2022, the team closed 675 transactions valued at more than $500 million. Samano is an award-winning real estate professional with more than 19 years of real estate experience. He has built top-p...