Real Brokerage delivered robust Q3 results, with a 53% year-over-year revenue increase driven by significant agent growth and enhanced productivity, all while approaching breakeven on net loss.
- Revenue surged to $569 million, with brokerage revenue contributing $565 million, reflecting a 53% growth.
- Closed transactions increased nearly 50% year-over-year, surpassing 53,500 and pushing agent count above 30,100, marking a 39% year-on-year gain.
- Adjusted EBITDA improved by 54% to $20.4 million, supporting positive operating cash flow of approximately $9 million.
- Launch of Real Wallet Capital adds a unique financing solution for agents, enhancing both retention and competitive differentiation.
- Real continues to innovate with AI-driven operational efficiencies, saving over 10,000 hours annually through workflow automation.
Community Discussion