Utah Based Group of 275+ Agents is Largest Group to Date
Joining Brokerage
TORONTO and NEW YORK, Dec. 8, 2021 /CNW/ -- The Real Brokerage
Inc. ("Real" or the "Company") (TSXV: REAX) (NASDAQ:
REAX), an international, technology-powered real estate brokerage,
today announced that Red Rock Real Estate Group has joined its
growing network of agents.
Red Rock Real Estate Group, based in St. George, Utah, has been in business since
2011 and has grown to more than 275 agents across Utah. Last year, the brokerage generated
$1.2 billion in closed volume, and
was named the 122nd largest independent
brokerage in the United
States by Real Trends.
"We have had a number of big accomplishments over the past few
weeks and welcoming the Red Rock
team to our Real family is another step in growing our business to
be the brokerage agents want to be a part of," said Real co-founder
and CEO Tamir Poleg. "Red Rock
Estate is the largest independent brokerage to have joined Real to
date and comes amid strong growth and a series of key hires by
Real."
Real recently announced that it has hired senior technology
executives Katharine Mobley as
Chief Marketing Officer and Raj Naik as Chief Operating
Officer.
The Red Rock Real Estate Group team is led by managing broker
and partner Allen Holland, along
with his partners Adam Legg and
Matt Curtis.
"We have always looked out for the best interests of our agents,
and we truly believe joining Real gives our agents more opportunity
to succeed," said Allen Holland.
"Our Red Rock brand merging with Real was an opportunity we haven't
seen with any of the large brokerages that we have researched. We
were attracted to Real's tech-powered platform and a model that
enables agents to earn stock in Real. We see this as such an
amazing opportunity."
About Real
Real (www.joinreal.com) is a technology-powered real estate
brokerage operating in 38 U.S. states, the District of Columbia and Canada. Real is building the future, together
with more than 3,600 agents and their clients. Real creates
financial opportunities for agents through better commission
splits, best-in-class technology, revenue sharing and equity
incentives.
Contact Information
For additional information, please contact:
The Real Brokerage Inc.
Caroline Glennon
thunder11@therealbrokerage.com
1+201-564-4221
Investors, for more information, please contact:
Hayden IR
James Carbonara
james@haydenir.com
646-755-7412
Forward-Looking Information
This 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
event or result "may", "will", "should", "could" or "might" occur
or be achieved and other similar expressions. These statements
reflect management's current beliefs and are based on information
currently available to management as at the date hereof.
Forward-looking information in this press release includes, without
limiting the foregoing, information relating to Red Rock Real
Estate Group joining Real and the business and strategic plans of
Real.
Forward-looking information is based on assumptions that may
prove to be incorrect, including but not limited to Real's business
objectives, expected growth, results of operations, performance,
business projects and opportunities and financial results. Real
considers these assumptions to be reasonable in the circumstances.
However, forward-looking information is subject to known and
unknown risks, uncertainties and other factors that could cause
actual results, performance or achievements to differ materially
from those expressed or implied in the forward-looking information.
These factors should be carefully considered and readers should not
place undue reliance on the forward-looking statements. Although
the forward-looking statements contained in this press release are
based upon what management believes to be reasonable assumptions,
Real cannot assure readers that actual results will be consistent
with these forward-looking statements. These forward-looking
statements are made as of the date of this press release, and Real
assumes no obligation to update or revise them to reflect new
events or circumstances, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release, and the NASDAQ has neither approved nor disapproved
the contents of this press release.
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content:https://www.prnewswire.com/news-releases/red-rock-real-estate-group-joins-the-real-brokerage-inc-301440031.html
SOURCE The Real Brokerage Inc.