Tech-driven brokerage provides unequaled
search-to-close experience for homebuyers and realtors
TORONTO and NEW
YORK and MIAMI,
April 20,
2022 /CNW/ -- The Real Brokerage Inc. ("Real"
or the "Company") (NASDAQ: REAX) (TSXV: REAX), an
international, technology-powered real estate brokerage, today
announced that its wholly-owned subsidiary, Expetitle, Inc.
("Expetitle"), has been renamed as The Real Title Inc. Real
acquired Expetitle in January 2022,
creating an enhanced technology-driven experience from search to
close for realtors and their customers.
The Real Title simplifies the paper-intensive and time-intensive
title and escrow process, reducing errors and saving time. Tools
such as title orders and tracking, title information, contacts and
document storage that were a part of the original Expetitle app
will now be integrated into Real's app. Sean Daly will remain CEO of The Real Title.
"Expetitle has been able to integrate into Real incredibly
quickly," said Daly. "Since the acquisition, we have been embraced
by the Real team and we are fully supported as we work to align our
technology with their ecosystem. We are on track to be fully
integrated with Real in a few short months and look forward to
shaping the future of real estate together."
"Sean and the Expetitle team have proven to be a great addition
to the Real family," said Real's Chairman and CEO Tamir Poleg. "Having Expetitle as part of Real
has accelerated our efforts towards creating a much more
convenient, transparent and accelerated home buying experience.
Having the company under the Real name will strengthen our brand
and our position as a leader in real estate."
About Real
Real (www.joinreal.com) is a
technology-powered real estate brokerage operating in 44 U.S.
states, the District of Columbia
and Canada. Real is building the
future, together with more than 4,500 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.
Elisabeth Warrick
elisabeth@therealbrokerage.com
Caroline Glennon
thunder11@therealbrokerage.com
201-564-4221
Investors, for more information, please contact:
Jason Lee
Vice President, Capital Markets & Investor Relations
investors@therealbrokerage.com
908-280-2515
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, information relating to Real's rebrand of
Expetitle to The Real Title, the integration of Expetitle
technologies 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.
View original
content:https://www.prnewswire.com/news-releases/the-real-brokerage-inc-announces-rebrand-of-expetitle-inc-to-the-real-title-301528809.html
SOURCE The Real Brokerage Inc.
