UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2021
Commission File Number: 001-40442
THE REAL BROKERAGE INC.
(Registrant)
133 Richmond Street West, Suite 302
Toronto, Ontario M5H 2L3 Canada
(Address of Principal Executive Offices)
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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THE REAL BROKERAGE INC. |
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(Registrant) |
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Date October 1, 2021 |
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/s/ Tamir Poleg |
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Tamir Poleg |
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Chief Executive Officer |
EXHIBIT INDEX
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Exhibit |
Description of Exhibit |
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Press Release dated October 1, 2021 - Redline Real Estate Joins The Real Brokerage Inc. |
Redline Real Estate Group Joins The Real Brokerage Inc.
Alberta Real Estate Brokers Brett Turner and Darren Langille to Lead 85 Agent Team
TORONTO AND NEW YORK -- October 1, 2021 /PRNewswire -- The Real Brokerage Inc. ("Real" or the "Company"), an international, technology-powered real estate brokerage, today announced that Canada's Redline Real Estate Group will be joining its growing network of agents.
Redline Real Estate Group, based in Calgary, Alberta, Canada, has been in business since 2009, and now has 85 agents and ten offices throughout the provinces of Alberta, Ontario and British Columbia.
As part of the expansion, Brett Turner and Darren Langille, owners and CEOs of Redline Real Estate Group and members of the Calgary Real Estate Board, will be leading the Redline team's transition to Real's platform. As an independent brokerage since 2009, Redline aims to provide a superior level of service than the typical franchise model and maximize the value of agents -- an approach which is aligned with that of Real's model.
"With Real's platform, technology, and network of almost 3,000 agents, we feel we are positioned for long-term success," said Darren Langille. "We feel that by joining Real we can both maintain the momentum we're proud to have achieved, and provide greater benefits to our agents."
"We are making this move from an independent operation into a cloud based agent owned model at a pivotal time for our brokerage," Turner said. "We are encouraged by our agents' performance and their passion for our brand and the industry that we wanted to give them a better platform. That is something that we are very proud of as we work our way into Real."
The addition of Redline Real Estate Group expands Real's growing business in Canada which began in August, marking the first launch of the Company's international operations.
"At Real, we have already made significant inroads and built relationships in Canada and Redline Real Estate Group will add to this progress," said Real co-founder and CEO Tamir Poleg. "Redline is a staple brokerage in Canada, with a network of agents that are trusted in the communities they serve. We are proud to say they are now part of the Real team and look forward to having them play an integral role in our operations."
About Real
Real (www.joinreal.com) is a technology-powered real estate brokerage operating in 35 U.S. states, the District of Columbia and Canada. Real is building the future, together with 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.
Caroline Glennon
ryan@therealbrokerage.com
1+201-564-4221
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 Redline Real Estate Group 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.