Real Begins May With More Than 17,000 Agents Following Another Strong Growth Month
May 03 2024 - 7:30AM
Business Wire
Top teams from coast to coast make the move to
Real for the flexibility of its technology platform and strong
culture
The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing,
publicly traded real estate brokerage, today announced that it
continues to attract top producing teams. In April, the company
added top producers and their teams from throughout the U.S.,
bringing the entrepreneur-centric brokerage that empowers agents
with technology to more than 17,000 agents across North
America.
“April was another strong growth month for Real. We welcomed an
amazing group of agents and teams who believe Real provides the
platform for them to take their businesses to the next level,” said
Real President Sharran Srivatsaa. “Our ability to continuously
attract top teams reflects Real’s platform of possibilities
centered on an unparalleled community, advanced technology and the
framework and flexibility to thrive in an uncertain and
ever-changing market.”
Below are some of the top-producing teams joining Real in
April:
- Simply Texas, founded by Kim Dean and her husband, Derek.
Simply Texas’ 70 agents serve the Dallas metropolitan area. Simply
Texas has distinguished itself by combining the benefits of both
worlds – the support and feel of a local boutique company with the
power and reach of a technology-based, virtual brokerage. Since its
founding in 2019, the team generated home sales in excess of $500
million, including $110 million in 2023.
- Edie Waters Network, led by Elizabeth Curry. The Kansas City,
Mo., relationship-based network comprises 32 agents who serve
Missouri, Kansas, Arkansas, Colorado, Kentucky and Hawaii. The team
brings 2023 home sales of more than $107 million.
- The MoJo Team Luxury Real Estate Services led by Morgan Hodges
and Josh Hintzen. Founded in 2014, MoJo serves the luxury markets
of Scottsdale and Paradise Valley, Ariz. With nearly 30 agents, the
team has total home sales of more than $376 million since 2020,
including $82.4 million in 2023. MoJo ranked No. 13 in RealTrends’
Arizona rankings and as a Top 25 Team by the Phoenix Business
Journal.
- Aimee & Co., led by Aimee Freeman. Ranked among the Top 10
teams serving the Wilmington, N.C. market, the 13-agent team sold
220 homes in 2023 valued at $79 million.
- Hillshire Realty Group, led by David Caldwell. The eight-agent
team serves the Portland, Ore., metropolitan market. Hillshire
closed 101 home sales valued at nearly $60 million in 2023.
- Wagner Real Estate Group, led by Maynard Wagner. With six
agents, the team serves the Seattle-Bellevue-Puget Sound area.
Consistently ranked among RealTrends top 1.5% medium-sized teams in
the nation, Wagner Real Estate Group has sold nearly 340 homes
valued at $280 million since 2020, including $58 million in
2023.
- The Lemus Group, led by Diana Lemus and Rudy Argueta. The team
brings eight agents and serves the greater Richmond, Va., area. The
team has closed total sales valued at more than $150 million since
its founding in 2018, including over $55 million in 2023 based on
224 sales.
- Persinger Real Estate Group, led by Cody Persinger. The team
brings eight agents, who serve Virginia’s Shenandoah Valley. With a
total of 161 transactions in 2022, Real Trends ranked Persinger
Real Estate No. 7 in the state of Virginia for sides. It closed
home sales valued at $50 million in 2023.
- Real Estate Reimagined Group, led by Jeremy Higgins. The group
of 15 agents serve Davis, Calif., and the surrounding markets. A
third-generation realtor, Higgins began his real estate career in
2005, following a successful career in law enforcement. Real Estate
Reimagined closed sales totaling $50 million in 2023.
- The Modern Day Team, led by Joe Brikman. The team serves Miami
and Greater South Florida markets, New Jersey, New York and Texas.
It brings 13 agents and nearly $43 million in home sales in
2023.
- Minnesotan Team, led by Darin Bjerknes and Noelle Nielsen. The
11-agent team serves Minneapolis/St. Paul and the surrounding areas
to the North Shore of Duluth, Minn. Bjerknes built his personal
brand through the production of local market and listing videos,
while Nielsen has grown a network of 600 agents who produce more
than $1.7 billion annually. The team completed 110 home sales
valued at $42 million in 2023.
- Dwell Home Team, led by Christina Fitzer. Based in Gig Harbor,
Wash., the team serves the greater Seattle area. Founded in 2018,
the four-agent team brings more than 50 years of combined real
estate experience and a total sales volume of more than $246
million, including $42 million in 2023.
- Shel's Home Team, LLC, led by Shelly Taylor. Operating in four
states, the team brings 20 agents who serve the Hampton Roads, Va.,
Greenville, N.C., Jacksonville, Fla., and Atlanta markets. The team
generated total home sales of $40 million in 2023.
- The Cullather Group, led by Matt Cullather. The team serves the
state of Virginia with a primary focus on the Richmond market. A
top producer, who has built one of the fastest growing teams in the
Richmond market, Cullather brings eight agents to Real. The team
completed home sales valued at $40 million in 2023.
- Rich Kim Group, led by Rich Kim. The team’s four agents serve
Northern New Jersey. Kim ranks among the Top 1.5% of Real Estate
Agents in the Real Trends America’s Best Real Estate Professionals.
He also received the New Jersey Realtors Circle of Excellence Sales
Platinum Award and Asian Real Estate Association of America's
"A-List" Award. The team sold 33 homes valued at $25 million in
2023.
With the introduction of its Private Label and ProTeams programs
at the beginning of 2024, Real removed the barriers for teams and
independent brokerages interested in aligning with the company.
Through Private Label, Real’s white label program, independent
brokerages are able to maintain their own brand. With ProTeams,
which provides the flexibility to customize team members’ caps,
splits and fees down to the individual team member level, teams are
able to embrace the structure that works best for them while
reaping the benefits associated with being a part of Real.
About Real
Real (NASDAQ: REAX) is a real estate experience company working
to make life’s most complex transaction simple. The fast-growing
company combines essential real estate, mortgage and closing
services with powerful technology to deliver a single seamless
end-to-end consumer experience, guided by trusted agents. With a
presence in all 50 states throughout the U.S. and Canada, Real
supports more than 17,000 agents who use its digital brokerage
platform and tight-knit professional community to power their own
forward-thinking businesses.
Forward-Looking Information
This press release contains forward-looking information within
the meaning of applicable Canadian securities laws. Forward-looking
information is often, but not always, identified by the use of
words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”,
“expect”, “likely” and “intend” and statements that an event or
result “may”, “will”, “should”, “could” or “might” occur or be
achieved and other similar expressions. These statements reflect
management’s current beliefs and are based on information currently
available to management as of the date hereof. Forward-looking
information in this press release includes, without limiting the
foregoing, expectations regarding Real’s ability to continue to
attract agents.
Forward-looking information is based on assumptions that may
prove to be incorrect, including but not limited to Real’s business
objectives, expected growth, results of operations, performance,
business projects and opportunities and financial results. Real
considers these assumptions to be reasonable in the circumstances.
However, forward-looking information is subject to known and
unknown risks, uncertainties and other factors that could cause
actual results, performance or achievements to differ materially
from those expressed or implied in the forward-looking information.
Important factors that could cause such differences include, but
are not limited to, slowdowns in real estate markets, economic and
industry downturns and Real’s ability to attract new agents and
retain current agents. These factors should be carefully considered
and readers should not place undue reliance on the forward-looking
statements. Although the forward-looking statements contained in
this press release are based upon what management believes to be
reasonable assumptions, Real cannot assure readers that actual
results will be consistent with these forward-looking statements.
These forward-looking statements are made as of the date of this
press release, and Real assumes no obligation to update or revise
them to reflect new events or circumstances, except as required by
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240503751980/en/
Investor inquiries: Ravi Jani Vice President, Investor Relations
and Financial Planning & Analysis
investors@therealbrokerage.com 908.280.2515
For media inquiries: Elisabeth Warrick Senior Director,
Marketing, Communications & Brand press@therealbrokerage.com
201.564.4221
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