Las Vegas-Based Real Estate Team to be Led by
Founder Nick Devitte
TORONTO and NEW
YORK, May 10, 2022 /CNW/ -- The Real Brokerage
Inc. ("Real" or the "Company") (NASDAQ: REAX) (TSXV:
REAX), an international, technology-powered real estate brokerage,
today announced that Forever Home Realty, based in Las Vegas, Nevada, is joining its growing
network of agents.
Forever Home Realty has a team of more than 180 agents. The team
handled approximately 750 transactions with an approximate value of
sold homes of $550 million in 2021.
Forever Home Realty was founded by Nick
Devitte in 2017. Devitte is a Las
Vegas native who started his career in hospitality, earning
his real estate license in 2015. Devitte has been named to the Las
Vegas Young Professionals Network's "Who's Who Under 40" for the
past year three years.
"Working with Real will help streamline our business at Forever
Home and can help us expand," said Nick
Devitte. "We are eager to be a part of a strong national
network of real estate professionals."
"We are beyond excited to welcome Forever Home Realty to the
Real family," said Real Chairman and CEO Tamir Poleg. "We have had success already in
Las Vegas and believe Nick and his
team will continue this impressive momentum. The team has
demonstrated true leadership in this area already and we look
forward to expanding Real in both Las
Vegas and Nevada."
About Real
Real (www.joinreal.com) is a technology-powered real estate
brokerage operating in 44 U.S. states, the District of Columbia, and Ontario and Alberta,
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
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 Forever Home Realty
joining Real, 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/forever-home-realty-joins-the-real-brokerage-301543439.html
SOURCE The Real Brokerage Inc.