Technology Entrepreneur Executive to Grow Brokerage
Operations
NEW YORK and
TORONTO , Nov. 15,
2021 /CNW/ --The Real Brokerage Inc. ("Real"
or the "Company") (TSXV: REAX) (NASDAQ: REAX), an
international, technology-powered real estate brokerage, today
announced that Raj Naik will join its management team as Chief
Operating Officer.
Naik will be responsible for driving operational efforts, growth
initiatives, and transforming the service level offered to the
agents supported by Real's technology platform. As the organization
continues to scale, Naik will tap into his two decades of
experience leading fast-growing business units to guide Real
through its next pivotal phase.
"I was looking for a company that had interesting and proven
technology in place, but also had a strong desire to keep
developing cutting-edge solutions," said Real Chief Operating
Officer, Raj Naik. "Simply put, Real checked those boxes. There is
no reason Real cannot be the dominant player in the market, as
the company expands into more states and international
markets."
Naik has been an entrepreneur and technologist for over 20
years. Naik joins Real from Workrise (previously RigUp), a
workforce management platform for the skilled trades, where he
served as Managing Director for its construction business unit and
was a member of the executive leadership team. Naik also spent
nearly four years at Uber holding senior leadership positions in
the rides, vehicle solutions and UberEats business units. Prior to
Uber, Naik held executive or founding roles at start-ups in
election software, family safety technology, and business
performance and compliance software. Naik founded his first company
with friends while studying at the University
of North Carolina at Chapel Hill, later sold to
Oracle.
"On behalf of everyone at Real we are looking forward to having
Raj join the executive team," said Real co-founder and CEO
Tamir Poleg. "We are confident that
Raj can help grow our business through his extensive experience and
background. Raj also fits right into the welcoming and
people-oriented culture of the Real family."
About Real
Real (www.joinreal.com) is a technology-powered real estate
brokerage operating in 38 U.S. states and the District of Columbia. Real is building the
future, together with more than 3,000 agents and their clients.
Real creates financial opportunities for agents through better
commission splits, best-in-class technology, revenue sharing, and
equity incentives.
Contact Information
For additional information, please contact:
The Real Brokerage Inc.
Caroline Glennon
thunder11@therealbrokerage.com
1-201-564-4221
Investors, for more information, please contact:
Hayden IR
James Carbonara
james@haydenir.com
646-755-7412
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 at the date hereof.
Forward-looking information in this press release includes, without
limiting the foregoing, Raj Naik's role at the Company and the
business and strategic plans of Real.
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.
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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release, and the NASDAQ has neither approved nor disapproved
the contents of this press release.
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SOURCE The Real Brokerage Inc.