Michelle Ressler, the former chief financial officer of The Real Brokerage Inc., has filed a federal lawsuit alleging she was pushed out of the company after becoming pregnant and taking maternity leave. The complaint, filed June 10, 2025 in the U.S. District Court for the Southern District of Ne...
MIAMI, Fla. -- May 30, 2025 The Real Brokerage Inc. said its board of directors has authorized a new share repurchase program for up to the lesser of 150 million dollars in value or 35 million shares. "This new authorization reflects our Board's confidence in Real's long-term strategy, and our co...
TORONTO and NEW YORK -- May 8, 2025 The Real Brokerage Inc. reported first-quarter 2025 revenue of 354.0 million dollars, up 76 percent from 200.7 million dollars a year earlier, and a net loss attributable to owners of 5.0 million dollars, compared with 16.1 million dollars in the prior-year qua...
TORONTO and NEW YORK -- April 24, 2025 The Real Brokerage Inc. has promoted Ravi Jani to chief financial officer, effective immediately, succeeding Michelle Ressler. Jani joined Real in September 2023 as vice president of investor relations and financial planning and analysis, when the company ha...
TORONTO and NEW YORK -- March 12, 2025 The Real Brokerage Inc. said Sharran Srivatsaa will step down as president to join the company's board of directors, subject to corporate approvals, effective June 1, 2025. Chairman and CEO Tamir Poleg said Srivatsaa had been instrumental in shaping the comp...
TORONTO and NEW YORK -- March 6, 2025 The Real Brokerage Inc. reported full-year 2024 revenue of 1.26 billion dollars, up 84 percent from 689.2 million dollars in 2023, and a net loss attributable to owners of 26.5 million dollars, compared with 27.5 million dollars a year earlier. Gross profit r...
TORONTO and NEW YORK -- November 7, 2024 The Real Brokerage Inc. reported third-quarter 2024 revenue of 372.5 million dollars, up 74 percent from 214.6 million dollars a year earlier, and a net loss attributable to owners of 2.6 million dollars, narrower than the 4.0 million dollar loss a year ag...
TORONTO and NEW YORK -- October 31, 2024 Judge Stephen R. Bough of the U.S. District Court for the Western District of Missouri on October 31, 2024 granted final approval of The Real Brokerage Inc.'s settlement of the Umpa v. NAR commission antitrust class action, the company said. Real announced...
TORONTO and NEW YORK -- August 7, 2024 The Real Brokerage Inc. reported record second-quarter 2024 revenue of 340.8 million dollars, up 84 percent from 185.3 million dollars a year earlier, and a narrower net loss attributable to owners of 1.2 million dollars, compared with 4.1 million dollars. G...
TORONTO and NEW YORK -- May 7, 2024 The Real Brokerage Inc. reported first-quarter 2024 revenue of 200.7 million dollars, up 86 percent from 107.8 million dollars a year earlier, as the brokerage added a record of more than 3,000 net new agents in the quarter. Net loss attributable to owners wide...