The Real Brokerage Inc.

NasdaqCM:REAX Stock Report

Market Cap: US$469.1m

Real Brokerage Management

Management criteria checks 2/4

Real Brokerage's CEO is Tamir Poleg, appointed in Jul 2014, has a tenure of 12.08 years. total yearly compensation is $4.15M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 3.46% of the company’s shares, worth $16.22M. The average tenure of the management team and the board of directors is 2.3 years and 5.7 years respectively.

Key information

Tamir Poleg

Chief executive officer

US$4.2m

Total compensation

CEO salary percentage13.44%
CEO tenure12.1yrs
CEO ownership3.5%
Management average tenure2.3yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

Narrative Update Jul 23

REAX: Share Repurchases And Agent Expansion Will Support Future Upside Potential

Analysts have reduced their price target on Real Brokerage, pointing to lower modeled revenue growth of 16.26%, a slimmer profit margin of 0.10%, a slightly lower discount rate of 8.28%, and a much higher assumed future P/E multiple. Together, these factors pull their fair value estimate from $5.00 to $4.00 per share.
Narrative Update Jul 09

REAX: Agent Expansion And Buybacks Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Real Brokerage stock from $8.00 to $7.00, citing updated assumptions that include a lower revenue growth outlook, a much thinner profit margin profile, a slightly reduced discount rate, and a significantly higher future P/E multiple. What’s in the News for Real Brokerage MTP, formerly Michigan Top Producers and Indiana Top Producers, joined Real Brokerage, bringing 105 agents and expanding the company’s reach across Southwest Michigan and Northern Indiana, with MTP rebranding as Midwest Top Producers.
Narrative Update Jun 25

REAX: Expanded Agent Network And Share Buyback Will Drive Future Upside

Analysts kept their fair value estimate for Real Brokerage steady at $5.15, with only minor tweaks to inputs such as the discount rate, revenue growth, profit margin, and long term P/E assumptions supporting the updated price target view. What’s in the News for Real Brokerage Expanded into New Brunswick through the addition of Creativ Realty, bringing Real Brokerage’s operations to six Canadian provinces: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and New Brunswick.
Narrative Update Jun 05

REAX: Expanded Agent Network And Completed Buyback Will Drive Future Upside

Analysts have lowered their price target on Real Brokerage by $0.20 to $5.15. This reflects updated views on discount rates, revenue growth, profit margins, and a very large forward P/E assumption.
Narrative Update May 03

REAX: Expanded Agent Network And Completed Buyback Will Support Future Upside

Analysts have lowered their price target on Real Brokerage to $27.57 from $48.40, citing updated assumptions for profit margin and a lower future P/E multiple while keeping fair value essentially unchanged at $5.35. What's in the News Legends Real Estate Group, a newly formed collective that evolved from RE/MAX Legends, has joined Real Brokerage, bringing 55 agents and multiple independent teams focused on Northeast Georgia and the Atlanta metro area (Key Developments).
Narrative Update Apr 18

REAX: Expanded Agent Network And Completed Buyback Will Drive Future Upside

Analysts have trimmed their average price target for Real Brokerage by $0.05 to $5.35, citing slightly higher discount rates and a modestly lower assumed future P/E multiple, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News Legends Real Estate Group, a newly formed collective that evolved from RE/MAX Legends, has joined Real, bringing 55 agents and multiple independent teams across Northeast Georgia and the Atlanta metro area (Key Developments).
Narrative Update Apr 03

REAX: Expanded Agent Network And Completed Buyback Will Support Future Upside

Analysts have nudged their price target for Real Brokerage to $5.40 from $5.38, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future price-to-earnings (P/E) assumptions. What's in the News Legends Real Estate Group has joined Real Brokerage, adding 55 agents and multiple independent teams focused on Northeast Georgia and the Atlanta metro area (Key Developments).
Narrative Update Mar 20

REAX: Agent Expansion And Completed Share Repurchase Will Support Future Upside

Analysts have adjusted their price target on Real Brokerage from $5.55 to $5.38, reflecting updated assumptions about discount rates, revenue growth, profit margins, and future P/E levels. What's in the News Legends Real Estate Group, a newly created collective formed for its move to Real, has joined the company, bringing 55 agents across Northeast Georgia and the Atlanta metro area (Key Developments).
Narrative Update Mar 06

REAX: Share Repurchase And AI Agent Tools Will Support Future Upside

Analysts have trimmed their price target on Real Brokerage to $5.55 from $5.93, citing slightly lower assumed revenue growth and profit margin, as well as a higher future P/E multiple in their updated models. What's in the News Real Brokerage completed a share repurchase of 3,900,000 shares, representing 1.85% of the company, between October 1, 2025 and December 31, 2025 (Key Developments).
Analysis Article Feb 12

Slammed 33% The Real Brokerage Inc. (NASDAQ:REAX) Screens Well Here But There Might Be A Catch

The Real Brokerage Inc. ( NASDAQ:REAX ) shares have had a horrible month, losing 33% after a relatively good period...
Narrative Update Feb 09

REAX: AI Agent Tools Will Drive Future Upside Despite Softer Near Term Margins

Analysts have raised their price target on Real Brokerage to US$5.93, reflecting updated assumptions around discount rate, revenue growth, profit margin, and a higher future P/E multiple. Valuation Changes Fair Value: The fair value estimate is unchanged at US$5.93 per share, indicating that the updated assumptions offset each other overall.
Narrative Update Jan 24

REAX: AI Agent Tools Will Drive Future Upside Despite Softer Near Term Margins

Analysts have trimmed their fair value estimate for Real Brokerage from US$6.00 to about US$5.93 as they update their models for a slightly higher discount rate, more moderate revenue growth assumptions, firmer profit margin forecasts, and a lower future P/E multiple. What's in the News Real launched HeyLeo, an in-house, AI-powered, voice-interactive home search concierge built on the reZEN platform, now in beta at HeyLeo.com and available across key markets in 20 U.S. states.
Narrative Update Nov 02

REAX: Share Repurchases And Expanding Market Presence Will Drive Future Upside

Analysts have revised their price target for Real Brokerage downward from $6.33 to $6.00. They cite shifts in discount rates and profitability estimates as key factors behind the change.
Analysis Article Aug 10

Results: The Real Brokerage Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

NasdaqCM:REAX 1 Year Share Price vs Fair Value Explore Real Brokerage's Fair Values from the Community and select yours...
Analysis Article Jul 30

It's A Story Of Risk Vs Reward With The Real Brokerage Inc. (NASDAQ:REAX)

The Real Brokerage Inc.'s ( NASDAQ:REAX ) price-to-sales (or "P/S") ratio of 0.6x might make it look like a strong buy...
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New Narrative Mar 25

Leo CoPilot And Fintech Ecosystem Will Improve Client Experiences

Expansion of the consumer-facing ecosystem and financial products is expected to streamline experiences and enhance profit margins through efficient service attachment.
Analysis Article May 09

The Real Brokerage Inc. (NASDAQ:REAX) Just Reported And Analysts Have Been Lifting Their Price Targets

The investors in The Real Brokerage Inc. 's ( NASDAQ:REAX ) will be rubbing their hands together with glee today, after...
Analysis Article Apr 09

The Real Brokerage Inc. (NASDAQ:REAX) Stock Rockets 25% But Many Are Still Ignoring The Company

Despite an already strong run, The Real Brokerage Inc. ( NASDAQ:REAX ) shares have been powering on, with a gain of 25...
Analysis Article Feb 09

The Real Brokerage Inc.'s (NASDAQ:REAX) Shares Leap 64% Yet They're Still Not Telling The Full Story

Despite an already strong run, The Real Brokerage Inc. ( NASDAQ:REAX ) shares have been powering on, with a gain of 64...
Analysis Article Dec 16

The Real Brokerage Inc.'s (NASDAQ:REAX) Subdued P/S Might Signal An Opportunity

You may think that with a price-to-sales (or "P/S") ratio of 0.5x The Real Brokerage Inc. ( NASDAQ:REAX ) is a stock...

CEO Compensation Analysis

How has Tamir Poleg's remuneration changed compared to Real Brokerage's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-US$16m

Mar 31 2026n/an/a

-US$7m

Dec 31 2025US$4mUS$558k

-US$8m

Sep 30 2025n/an/a

-US$11m

Jun 30 2025n/an/a

-US$13m

Mar 31 2025n/an/a

-US$15m

Dec 31 2024US$4mUS$532k

-US$27m

Sep 30 2024n/an/a

-US$32m

Jun 30 2024n/an/a

-US$33m

Mar 31 2024n/an/a

-US$36m

Dec 31 2023US$805kUS$314k

-US$28m

Sep 30 2023n/an/a

-US$22m

Jun 30 2023n/an/a

-US$24m

Mar 31 2023n/an/a

-US$24m

Dec 31 2022US$6mUS$314k

-US$21m

Sep 30 2022n/an/a

-US$18m

Jun 30 2022n/an/a

-US$13m

Mar 31 2022n/an/a

-US$12m

Dec 31 2021US$681kUS$255k

-US$12m

Sep 30 2021n/an/a

-US$9m

Jun 30 2021n/an/a

-US$9m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$298kUS$175k

-US$4m

Compensation vs Market: Tamir's total compensation ($USD4.15M) is above average for companies of similar size in the US market ($USD2.40M).

Compensation vs Earnings: Tamir's compensation has increased whilst the company is unprofitable.


CEO

Tamir Poleg (50 yo)

12.1yrs
Tenure
US$4,151,269
Compensation

Mr. Tamir Poleg is an Independent Director of Matchpoint Ventures Corporation since March 19, 2025. He serves as Chairman & Chief Executive Officer of Realtyka LLC. Mr. Poleg is a Co-Founder of The Real Br...


Leadership Team

NamePositionTenureCompensationOwnership
Tamir Poleg
Co-Founder12.1yrsUS$4.15m3.46%
$ 16.2m
Ravi Jani
Chief Financial Officer1.3yrsUS$992.42k0.065%
$ 304.4k
Jenna Rozenblat
Chief Operating Officer3yrsUS$1.76m0.074%
$ 346.6k
Pritesh Damani
Chief Technology Officer4.8yrsUS$5.98m0.32%
$ 1.5m
David Miller
Chief Information Officer1.6yrsno datano data
Alexandra Lumpkin
VP, Chief Legal Officer & Secretary3.5yrsno data0.045%
$ 211.7k
Dipti Salopek
Chief People Officer1.6yrsno datano data
Jason Cassity
Chief Growth Officerless than a yearno datano data
2.3yrs
Average Tenure
44.5yo
Average Age

Experienced Management: REAX's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tamir Poleg
Co-Founder6.2yrsUS$4.15m3.46%
$ 16.2m
Larry Klane
Lead Independent Director6.2yrsUS$222.49k1.3%
$ 6.1m
Guy Gamzu
Independent Director6.2yrsUS$197.81k0.65%
$ 3.1m
Laurence Rose
Independent Director8.5yrsUS$195.62k0.47%
$ 2.2m
Sharran Srivatsaa
Director1.2yrsUS$1.65m0.24%
$ 1.1m
Atul Malhotra
Independent Director5.7yrsno datano data
Vikki Bartholomae
Independent Director5.3yrsUS$193.43k0.047%
$ 219.7k
Susanne Sandler
Independent Director3.2yrsUS$189.06k0.042%
$ 197.6k
Ken Pozek
Directorless than a yearno datano data
5.7yrs
Average Tenure
50yo
Average Age

Experienced Board: REAX's board of directors are considered experienced (5.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/09 10:19
End of Day Share Price 2026/08/07 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Real Brokerage Inc. is covered by 6 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael RindosBenchmark Company
Naved KhanB. Riley Securities, Inc.
James FullerBTIG