REAL Brokerage news and press releases
Company announcements, direct sales updates and archived press coverage for REAL Brokerage.
REAL Brokerage news archive
Real Brokerage Posts First Quarterly Profit as Revenue Rises 59 Percent to 540.7 Million
MIAMI, Fla. -- August 7, 2025 The Real Brokerage Inc. reported its first-ever quarter of positive net income, with second-quarter 2025 net income attributable to owners of 1.5 million dollars, compared with a net loss of 1.1 million dollars a year earlier. Revenue rose 59 percent to 540.7 million...
Real Brokerage Acquires Flyhomes Home Search Technology and Invests in Flyhomes
MIAMI, Fla. -- July 1, 2025 The Real Brokerage Inc. has acquired the AI-powered consumer home search portal and related technology assets of Flyhomes and made an equity investment in Flyhomes to support its shift into a wholesale mortgage lender. Financial terms were not disclosed. Real plans to...
Former Real Brokerage CFO Michelle Ressler Sues Alleging Pregnancy and Gender Discrimination
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 New...
Real Brokerage Authorizes 150 Million Dollar Share Repurchase Program
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...
Real Brokerage First Quarter Revenue Rises 76 Percent to 354.0 Million
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...
Real Brokerage Promotes Ravi Jani to Chief Financial Officer Succeeding Michelle Ressler
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 had...
Real Brokerage President Sharran Srivatsaa to Step Down and Join Board
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...
Real Brokerage 2024 Revenue Rises 84 Percent to 1.26 Billion as Agent Count Tops 24000
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...
Real Brokerage Third Quarter Revenue Rises 74 Percent to 372.5 Million
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 ago....
Court Grants Final Approval of Real Brokerage 9.25 Million Umpa Settlement
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...