Business
The Real Brokerage Reaches 8,000 Agent Milestone with the Addition of Platinum Group Real Estate Team
TORONTO & NEW YORK--(BUSINESS WIRE)-- The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today
About this update from The Real Brokerage, Inc.
[{"type":"text","content":" TORONTO & NEW YORK--(BUSINESS WIRE)--\nThe Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced that Platinum Group Real Estate Team, a highly successful team serving the Mid-Atlantic region, is joining its growing network of agents. The team’s addition brings Real to over 8,000 agents serving the U.S. and Canada.\n\nPlatinum Group was founded by Karen Cooper and Vicky Noufal and has closed more than $1 billion in real estate transactions since it was founded in 2015. With nearly 40 years of combined real estate experience serving Virginia, Maryland and Washington, D.C., Cooper and Noufal sought to build a team that emphasized the strengths of more experienced agents. The team’s 26 agents average over nine years in the industry and successfully closed approximately $250 million in real estate transactions within the last year.\n\nMade up almost exclusively of women, supporting women’s growth is one of the team’s most foundational values. Cooper is the Founder and Chief Executive Officer of Empowering Women in Real Estate®, a community of over 31,000 women nationwide, and the host of Empowering Women in Real Estate® – The Podcast.\n\n“We are so happy to welcome Karen, Vicky and the entire Platinum Group to Real, which now boasts a community of more than 8,000 agents who share our vision of reimagining the residential transaction experience,” said Real Chairman and Chief Executive Officer Tamir Poleg. “Since the start of the year, we’ve increased our agent base more than 108 percent, and we are excited to continue our growth in 2023.”\n\nOn joining Real, Cooper said, “The real estate industry is shifting. Today’s agents work so hard to serve their clients and communities, but many find it difficult to plan for their financial futures. Real’s compensation model rewards all agents—not solely the most elite producers. Real offers something that’s accessible to everyone, and that’s what we wanted to provide for our team.”\n\nForward-Looking Information\n\nThis 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...