The Real Brokerage posts revenue gain as recruitment soars in Q3

The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million. Continue reading

Smarter AI, agent banking take stage at Real’s RISE conference

With a new level of omnipresence within an agent’s user experience indicated by a pulsing, always-on chat environment, the Siri-inspired Leo CoPilot is designed to be at the beck and call of Real dealmakers. Continue reading

Buyer-broker commissions remain mostly steady since Aug. 17: Survey

Business has largely continued as usual with 63 percent of agents reporting that sellers are “frequently” covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents. Continue reading

Real Brokerage sees new highs in revenue, gross profit during Q2

The cloud-based brokerage saw surprisingly positive second-quarter earnings results during a tough market. Real chairman and CEO Tamir Poleg said the results were a testament to the firm’s business model. Continue reading

Real Brokerage posts sharp uptick in revenue and agent count in Q1

The Real Brokerage reported revenue of $200.7 million in the first quarter of 2024 as gross profit soared to $20.8 million, according to Q1 earnings data released Tuesday morning. Continue reading

Real Brokerage posts sharp uptick in revenue and agent count in Q1

The Real Brokerage reported revenue of $200.7 million in the first quarter of 2024 as gross profit soared to $20.8 million, according to Q1 earnings data released Tuesday morning. Continue reading

Real Brokerage agrees to pay $9.25M to settle commission suits

The Real Brokerage agreed to change business operations as part of its proposed settlement agreement in Umpa v. NAR. Continue reading

The Real Brokerage posts dramatic spike in revenue, agent count in Q4

Celebrating a decade in operation this year, the cloud-based brokerage saw revenue skyrocket by 89 percent in the fourth quarter and its agent count soar by 66 percent, according to earnings data on Thursday. Continue reading