On its 10th anniversary, the publicly traded real estate brokerage achieved a major milestone by surpassing an agent count of 20,000. The company now aims to celebrate this accomplishment with a closing-bell ceremony at the Nasdaq exchange on Tuesday afternoon.
Join us at Inman Connect Las Vegas, taking place from July 30 – August 1, 2024, where all your questions will be answered, and new business opportunities will be revealed in a noise-free environment.
The Real Brokerage’s rapid growth in 2024 includes adding 1,000 agents each month. This growth has propelled the company from being a tech-smart independent player to a national powerhouse.
Although still behind competitors like eXp Realty, Anywhere, and Keller Williams in agent count, The Real Brokerage is now closing in on Compass, which boasts around 29,000 agents.
Real’s Chairman and CEO, Tamir Poleg, credited the company’s agents and staff for achieving the 20,000-agent milestone, emphasizing the company’s commitment to improving agents’ lives and the overall real estate experience for clients.
In the first quarter of 2024, Real reported significant revenue growth and set a new recruitment record. The company’s success is also attributed to its in-house software resources, which streamline agent services and transaction coordination.
Real’s unique operating system ensures that all agents work at the same pace, eliminating the need for learning new third-party systems or adhering to varying technology standards across different offices.
In recognition of its achievements, RealTrends named Real the top mover of 2023 in terms of transaction sides and volume. The company was also the only publicly traded brokerage to report growth in agent count, transaction count, and revenue throughout 2023 and into the first quarter of 2024.
Real’s flexible affiliation models have also been instrumental in attracting top teams and producers to the company.