Brokerage Leader Joins Real to Drive Company’s Continued Growth
Toronto & New York, December 12, 2022–(BUSINESS WIRE)–The Real Brokerage, Inc. (TSX: REAX) (NASDAQ: REAX), the fastest growing listed real estate brokerage, today announced the announced the appointment of Srivather as president. As President, the former Head of Brokerage and Industry Advisor will be responsible for all aspects of the company’s growth, including agent attraction and training. Srivatsaa will continue his senior leadership role in accelerating Real’s strategy to build a technology-powered, agent-centric platform that provides seamless end-to-end solutions for home buyers and sellers. Become a key member of the team of
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Sharran Srivatsaa joins The Real Brokerage Inc. as President to drive the company’s continued growth. (Photo: Business Wire)
Srivatsaa joins Real after 20 years of business and operational experience in real estate, finance and technology. A serial entrepreneur and acclaimed leader, speaker and adviser to sorts, he has made significant contributions over the past 19 years, including the sale of his Teles property to Douglas Elliman in 2017. Made 5 of his exits successful. His single office in Beverly Hills, California handles $300 million in real estate transactions annually, and his 22 offices in Southern California handle $3.4 billion in real estate transactions annually.
“Sharan is a highly experienced company with a deep understanding of residential real estate and what it takes to build a successful business that outperforms the market,” said Tamir Poleg, Chairman and CEO of Real. “Sharan’s combination of operational excellence and entrepreneurial spirit will be a great asset for us as we continue to enter new markets, sharpen our culture of performance and continue to grow our agent base.” .”
Most recently, Srivatsaa was a principal at Srilo Ventures. Srilo Ventures is an investment fund focused on investing and advising technology companies and operating businesses in the consumer space. In 2018, he launched Kingston Lane, a marketing software platform for realtors and brokers, and Highland Prime, his private equity firm focused on helping leadership teams grow and exit businesses. was established. Early in his career, Srivatsaa held investment advisory and corporate strategy positions at his Goldman Sachs and Credit Suisse.
“Tamir and the team have built a very unique model. It’s rare to find a culture where performance and collaboration co-exist, but that’s the case at Real. It provides a foundation from which to build something great.” Srivasa said. “We look forward to driving the growth of our platform while helping our agents reach their full potential.”
Srivatsaa is a member of the Young Presidents Organization. She earned her undergraduate degree from Luther University and her MBA from Vanderbilt University’s Owen School of Management.
All dollar figures shown here are in U.S. dollars.
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, “seeks,” “expects,” “believes,” “plans,” “estimates,” “expects,” “likely,” Identified using words such as “intended”. Statements that an event or outcome “could”, “could”, “could”, “could” or “could” and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date of this document. Without limiting the foregoing, forward-looking information contained in this press release includes projections regarding Real’s growth and our business and strategic plans. Forward-looking information includes, but is not limited to, Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities, and financial results, assumptions that may prove to be incorrect. It is based on. Real believes these assumptions are reasonable under the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors, and actual results, performance or achievements may not be expressed or implied in the forward-looking information. It can be very different from what you have. These factors should be considered carefully and readers should not place undue reliance on forward-looking statements. Although the forward-looking statements contained in this press release are based on what management believes to be reasonable assumptions, the reader is cautioned that actual results will be consistent with these forward-looking statements. These forward-looking statements are made only as of the date of this press release and Real does not reflect new events or circumstances, except as required by law. shall not be obliged to update or amend them in order to do so.
About Real
The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by combining best-in-class technology with trusted agent-driven guidance. Real provides a cloud-based platform to improve efficiency and enable agents to deliver a seamless end-to-end experience for homebuyers and sellers. The company was founded in his 2014 and serves 44 provinces, DC, and he three Canadian provinces, with over 7,000 agents. Additional information can be found on his website at www.onereal.com.
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contact address
Additional Information:
Jason Lee
Vice President of Capital Markets and Investor Relations
Investor@therealbrokerage.com
908.280.2515
Media contact:
Elizabeth Warwick
director, communication
elisabeth@therealbrokerage.com
201.564.4221
