The Real Brokerage kicked off 2025 with remarkable momentum, reporting $354 million in first-quarter revenue—a 76% year-over-year increase—driven by rapid agent onboarding and rising transaction volume. The company added over 2,000 agents in Q1 alone, with a total count reaching 26,870, and closed 33,617 transactions, totaling $13.5 billion in value.
Despite a net loss of $5 million, the figure marks a significant improvement from the $16.1 million loss a year ago. With no debt and an increase in cash reserves to $24.7 million, Real continues to demonstrate financial resilience while scaling aggressively.
CEO Tamir Poleg emphasized Real’s commitment to transparency and consumer-first innovation in home listings. “Any change in how homes are listed should ultimately benefit the consumer,” he stated, underscoring Real’s opposition to limited exposure via private listings.
The company is also doubling down on artificial intelligence. Its AI assistant, Leo, now handles all agent support calls, and a new AI-powered avatar of Poleg—so convincing it reportedly fooled his own mother—delivered the opening remarks of the earnings call. The virtual CEO affirmed Real’s future-focused ethos: “While others brace for change, we lean into it.”
On the leadership front, Sharran Srivatsaa participated in his final earnings call as president before transitioning to the board of directors on June 1. Srivatsaa, a prominent figure in the real estate industry, said his new role will amplify the agent’s voice as the company navigates industry transformation.