Real August Agent Survey Reveals Stability Amid NAR Settlement-Related Practice Changes
The Real Brokerage, Inc. - Common Shares (REAX)
Company Research
Source: Business Wire
Minimal Market Disruption Observed as Declining Mortgage Rates Boost Agent Optimism TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its August 2024 Agent Survey, including early insights into the impact of the National Association of Realtors’ (“NAR”) settlement on the residential home sales market. With responses from nearly 300 agents across North America, the survey indicates minimal disruption in market activity and increasing agent optimism, driven by declining mortgage rates.“While it's still early days, our internal data shows no significant changes in average commission rates for buy-side or sell-side transactions since the rule changes took effect,” said Tamir Poleg, Chairman and CEO of Real. “This stability suggests buyers and sellers continue to recognize the essential role agents play in navigating a home sale transaction, whi
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REAX
Earnings
- 8/7/24 - Beat
REAX
Sec Filings
- 9/26/24 - Form 6-K
- 9/25/24 - Form 144
- 9/23/24 - Form 144
- REAX's page on the SEC website