With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024, it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. The uptick in agent count contributed to a 74% yearly jump in transaction count to 19,032 sides, good [...]read moreDespite industry headwinds, Real believes it can continue growing agent count
Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The Umpa suit is the only commission lawsuit in which Real has been named as a defendant. The brokerage will pay $9.25 million into a qualified settlement fund, as part of the [...]read moreThe Real Brokerage settles Umpa commission lawsuit for $9.25M
March was a banner month for fast-growing firm The Real Brokerage. In addition to being named the top-moving brokerage in the 2024 RealTrends 500 rankings, Real also welcomed 13 real estate teams and independent brokerages into its fold. According to the firm, all of the teams joined under the firm’s ProTeam model, which allows the [...]read moreMore top producers join The Real Brokerage
With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. In 2023, Real recorded 48,905 sides, up 14,721 sides from 2022, and a sales volume of $21.2 billion, up $6.80 billion over [...]read moreThe Real Brokerage looks to build on 2023’s explosive growth