Real Brokerage NASDAQ: REAX reported second-quarter revenue growth and higher adjusted EBITDA as the company continued to add agents and expand transaction volume in a challenging housing market, while preparing for a proposed combination with RE/MAX.
The Real Brokerage Inc. (REAX) Q2 2026 Earnings Call Transcript
The Real Brokerage Inc. (REAX) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.01 per share a year ago.
| Diversified Consumer Services Industry | Consumer Discretionary Sector | Tamir Poleg CEO | XFRA Exchange | CA75585H2063 ISIN |
| US Country | 489 Employees | - Last Dividend | 23 Jul 2021 Last Split | 15 Jun 2021 IPO Date |
The Real Brokerage Inc., which operates together with its subsidiaries, positions itself as a pioneering real estate technology company primarily within the United States and Canada. The company's business model is segmented into three core areas: North American Brokerage, Real Title, and One Real Mortgage, reflecting its comprehensive approach to the real estate market. Based in Miami, Florida, The Real Brokerage Inc. has tailored its operations to leverage technology in reforming traditional real estate transactions, thereby offering seamless, efficient services to its clients across North America.
This segment of The Real Brokerage Inc. provides traditional real estate brokerage services, with a twist of incorporating cutting-edge technology to enhance the buying and selling experience for clients. Through this service, clients gain access to a vast network of real estate professionals across the United States and Canada, facilitating smoother transactions.
Under the Real Title segment, The Real Brokerage Inc. offers specialized title insurance and settlement services. These services are crucial for the assurance of clear property titles and the facilitation of a smooth title transfer process during real estate transactions. Using technology, Real Title aims to streamline what is traditionally seen as complex and cumbersome processes.
With One Real Mortgage, The Real Brokerage Inc. extends its footprint into mortgage brokerage services, offering clients financing options and mortgage solutions. This segment is designed to simplify the traditionally complex process of securing real estate financing, providing clients with efficient, technology-driven solutions to meet their mortgage needs.