T
he Real Brokerage kicked off 2025 with a bang, raking in over $350 million in revenue and adding more than 2,000 agents to its roster. The company's use of AI has also expanded, with CEO Tamir Poleg touting the benefits of tech innovation during an earnings call that showcased a compelling AI version of himself. Despite a net loss of $5 million, less than a third of last year's loss, Real Brokerage is growing its cash reserves and agent base at a steady clip.

    Poleg emphasized the importance of listings transparency, stating that any change in how homes are listed should ultimately benefit consumers. He also highlighted the company's commitment to innovation, citing its use of AI-powered assistant Leo and plans to roll out an AI version of himself later this month.

    Key numbers from the quarter include:

    * Revenue: $354 million, up 76% year-over-year

    * Cash and cash equivalents: $24.7 million, a 5.6% increase from last year

    * Adjusted EBITDA: $8.3 million, more than double last year's figure

    * Net loss: $5 million, down significantly from last year's $16.1 million

    * Agent count: 26,870, up 61% year-over-year

    * Transactions closed: 33,617, a 77% increase from last year

    The company also announced that Sharran Srivatsaa will be stepping down as president to join the board of directors, citing the need for him to "serve as 'the agent's voice' on our board in advising how we shape our strategy and vision."