REAX
Real EstateThe Real Brokerage Inc. · Real Estate - Services · $380M
What is The Real Brokerage Inc.?
The Real Brokerage Inc. is a technology-powered real estate brokerage operating across the United States and Canada. It connects home buyers and sellers through a growing network of independent agents supported by a mobile-first platform.
Real Brokerage generates revenue by providing brokerage services through a network of agents, taking a share of commissions on real estate transactions. Its core differentiator is a mobile-focused technology platform that agents use to manage their business, access tools, and build long-term wealth through equity and revenue-sharing programs. The company operates in 42 U.S. states, the District of Columbia, and Canada, positioning itself as a tech-enabled alternative to traditional brokerage models.
The Real Brokerage Inc. was founded in 2021 and is headquartered in Toronto, Canada.
- Mobile-first agent technology platform
- Residential real estate brokerage services
- Agent wealth-building and equity programs
- Revenue-sharing opportunities for agents
- Multi-market coverage across the U.S. and Canada
Is REAX a Good Stock to Buy?
UQS Score rates REAX as Below Average overall, reflecting meaningful gaps in quality and competitive durability despite standout growth.
The Growth pillar is the clearest bright spot — agent count and transaction volume have expanded at a pace that stands out even within a competitive sector. Valuation is also rated favorably, suggesting the market has not yet priced in an optimistic growth scenario.
Both the Quality and Moat pillars are rated Weak, pointing to thin profitability and limited structural advantages that could protect the business if market conditions tighten or larger rivals respond aggressively.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does REAX pay dividends?
No — The Real Brokerage Inc. does not currently pay a dividend.
REAX does not currently pay a dividend. As a growth-stage brokerage, the company prioritizes reinvesting resources into agent recruitment, platform development, and geographic expansion rather than returning cash to shareholders. Investors drawn to REAX are generally seeking capital appreciation tied to agent network growth rather than income.
When does REAX report earnings?
The Real Brokerage Inc. reports earnings on a quarterly cadence, consistent with standard practice for North American-listed equities.
Revenue growth has been a recurring theme in recent quarters, driven by agent count expansion and higher transaction volumes. Profitability, however, remains a work in progress — cost pressures tied to scaling the platform and agent incentive programs continue to weigh on bottom-line results.
For the most recent quarter's results and guidance, visit The Real Brokerage Inc.'s investor relations page directly.
REAX Price History
+58.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in The Real Brokerage Inc.?
Based on The Real Brokerage Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
REAX Long-term Outlook
The fundamental outlook for REAX is shaped by a Strong Growth pillar and a Neutral Risk profile. The company's trajectory depends heavily on whether it can sustain agent recruitment momentum and convert top-line expansion into durable profitability. The Weak Quality and Moat ratings introduce uncertainty — if growth slows or commission economics compress, the business has limited structural buffers. A favorable Valuation rating suggests the current price may already reflect measured expectations rather than a premium growth scenario.
Growth drivers
- Continued agent network expansion across new U.S. states and Canadian markets
- Adoption of the mobile-first platform driving agent retention and productivity
- Wealth-sharing programs that differentiate REAX from traditional brokerages in agent recruitment
Key risks
- Thin margins and Weak Quality rating leave limited room for error if transaction volumes decline
- Low Moat rating signals vulnerability to competition from well-capitalized traditional and tech-enabled brokerages
- Real estate market cyclicality can rapidly compress transaction volumes and commission revenue
REAX vs Peers
REAX operates in a broad real estate sector alongside companies with very different business models and risk profiles.
RMR is an alternative asset management firm focused on real estate, generating fee-based revenue rather than transaction commissions.
FRP Holdings develops and owns industrial and mixed-use real estate assets, operating as a property owner rather than a brokerage intermediary.
Maui Land & Pineapple holds and manages land assets in Hawaii, representing a land-ownership model distinct from REAX's agent-network brokerage approach.
Frequently Asked Questions
What does The Real Brokerage Inc. do?
The Real Brokerage Inc. is a technology-powered real estate brokerage that connects buyers and sellers through a network of independent agents. It provides agents with a mobile-first platform, business tools, and wealth-building programs including equity and revenue sharing. The company operates across 42 U.S. states and Canada.
Does REAX pay dividends?
REAX does not currently pay a dividend. The company is in a growth phase and reinvests available resources into expanding its agent network and technology platform. Investors in REAX are generally focused on potential capital appreciation rather than income.
When does REAX report earnings?
The Real Brokerage Inc. follows a standard quarterly earnings cadence. Specific upcoming report dates are not confirmed through our data source — check the company's investor relations page for the latest schedule and most recent results.
Is REAX a good stock to buy?
UQS Score rates REAX as Below Average overall. Growth is a genuine strength, but Weak Quality and Moat ratings highlight real concerns around profitability and competitive durability. Whether REAX fits a portfolio depends on an investor's risk tolerance and time horizon. The full pillar breakdown is available to Pro members.
Is REAX overvalued?
The UQS Valuation pillar for REAX is rated Good, suggesting the stock is not trading at an obvious premium relative to its fundamentals. That said, a favorable valuation rating does not eliminate risk — particularly given the Weak Quality and Moat scores that accompany it.
How does REAX compare to its competitors?
REAX operates a transaction-based brokerage model that differs significantly from peers like RMR, which earns asset management fees, and FRPH, which owns physical real estate. REAX's growth profile stands out, but its thinner structural advantages make direct comparisons to more established real estate businesses nuanced.
What is REAX's market cap bracket?
REAX is classified as a small-cap company. This places it in a segment of the market that can offer higher growth potential but also carries greater volatility and liquidity risk compared to large- or mega-cap peers in the real estate sector.
Who founded The Real Brokerage Inc.?
The Real Brokerage Inc. was founded in 2021. Founding details and leadership history are publicly available through the company's official investor relations materials and corporate filings.
Is REAX a long-term quality investment?
From a long-term quality perspective, REAX's Below Average UQS Score reflects meaningful gaps — particularly in the Quality and Moat pillars — that matter over extended holding periods. Strong Growth is a positive signal, but sustained quality and competitive durability are typically what drive long-term compounding. Pro members can view the complete analysis.
What is the main competitive advantage of The Real Brokerage Inc.?
REAX's primary differentiator is its mobile-first technology platform combined with agent wealth-building programs like equity participation and revenue sharing. These features are designed to attract and retain agents away from traditional brokerages. However, the UQS Moat pillar is rated Weak, indicating these advantages may not yet be deeply entrenched.
Is REAX a growth stock or value stock?
REAX leans toward the growth side — its UQS Growth pillar is rated Strong, reflecting rapid agent and revenue expansion. The Valuation pillar is rated Good rather than Elevated, which means the market has not assigned an extreme growth premium. It sits in an interesting middle ground between pure growth and reasonable valuation.
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Pro Analysis
REAX — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 50.1 | 25.0 | 22.0 | 100.0 | 50.9 | 71.7 | -0.1 |
| May 7, 2026 | 50.2 | 25.0 | 22.0 | 100.0 | 49.6 | 73.6 | 0.0 |
| May 4, 2026 | 50.2 | 25.0 | 22.0 | 100.0 | 49.6 | 73.4 | 0.0 |
| May 3, 2026 | 50.2 | 25.0 | 22.0 | 100.0 | 49.6 | 73.7 | +0.3 |
| May 1, 2026 | 49.9 | 25.0 | 22.0 | 100.0 | 49.6 | 71.4 | 0.0 |
| Apr 26, 2026 | 49.9 | 25.0 | 22.0 | 100.0 | 49.6 | 71.1 | +0.6 |
| Apr 19, 2026 | 49.3 | 25.0 | 22.0 | 100.0 | 49.6 | 67.5 | -0.1 |
| Apr 14, 2026 | 49.4 | 25.0 | 22.0 | 100.0 | 49.6 | 67.9 | 0.0 |
| Apr 12, 2026 | 49.4 | 25.0 | 22.0 | 100.0 | 49.6 | 68.1 | 0.0 |
| Apr 5, 2026 | 49.4 | 25.0 | 22.0 | 100.0 | 49.6 | 67.9 | +0.6 |
REAX — Pillar Breakdown
Quality
— 25.0/100 (25%)The Real Brokerage Inc. currently shows below-average quality metrics, suggesting challenges with profitability.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 100.0/100 (20%)The Real Brokerage Inc. is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 50.9/100 (15%)The Real Brokerage Inc. has some risk factors including moderate leverage or solvency concerns.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 71.8/100 (15%)The Real Brokerage Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Moat
— 22/100 (25%)The Real Brokerage Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for REAX.
Score Composition
Financial Data
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How is the REAX UQS Score Calculated?
The UQS (Unified Quality Score) for The Real Brokerage Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses The Real Brokerage Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether The Real Brokerage Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.