Company announcements, direct sales updates and archived press coverage associated with REAL Brokerage.
TORONTO and NEW YORK -- April 8, 2024 The Real Brokerage Inc. has agreed to settle the Umpa v. NAR class action on a nationwide basis, committing to pay 9.25 million dollars into a qualified settlement fund within 30 days of the court's preliminary approval. The suit, filed in the U.S. District C...
Read full storyTORONTO and NEW YORK -- March 7, 2024 The Real Brokerage Inc. reported full-year 2023 revenue of 689.2 million dollars, up 81 percent from 381.8 million dollars in 2022, and a net loss attributable to owners of 27.5 million dollars, compared with a loss of 20.6 million dollars the prior year. Gro...
Read full storyTORONTO and NEW YORK -- December 28, 2023 The Real Brokerage Inc. said it has been named as a defendant in a putative class action lawsuit filed in the U.S. District Court for the Western District of Missouri. The suit, Umpa v. The National Association of Realtors, et al., alleges that certain re...
Read full storyTORONTO and NEW YORK -- November 9, 2023 The Real Brokerage Inc., the Nasdaq-listed cloud-based real estate brokerage, reported third-quarter 2023 revenue of 214.6 million dollars, up 92 percent from a year earlier, as its agent count rose 81 percent to 12,175. Gross profit rose 119 percent to 18...
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