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PT Aperture Holdings, the parent of LPT Realty and Aperture Global Real Estate, surged to the No. 2 spot on Deloitte’s 2025 Technology Fast 500 after a staggering 30,000 % revenue increase from 2021 to 2024. The brokerage’s growth eclipses every other real‑estate firm on the list, which also features companies in AI, life sciences, hardware and tech services. LPT’s model—cloud‑based, non‑franchised, revenue‑sharing—has driven rapid expansion, with nearly 15,000 agents generating $13.9 billion in sales and closing more than 36,000 transaction sides in 2024, a 194.9 % rise in sales volume from 2023.
The Real Brokerage also broke into the Fast 500, ranking 100th with 939 % revenue growth over three years. It previously held the 38th spot in 2024 with over 4,000 % growth. Deloitte placed The Real in the fintech category, reflecting its focus on the Real Wallet, Real Wallet Capital lending, and reZEN, a transaction‑management platform. The firm also promotes AI tools such as Leo CoPilot for agents and HeyLeo for consumer home searches.
Both companies share a single‑entity, cloud‑based structure and revenue‑sharing approach, a model that has become a growth engine in residential real estate. LPT’s performance is the largest among the U.S.’s top 100 brokerages, nearly twice the growth of The Real, which achieved its first billion‑dollar year in 2024 with an 84 % revenue increase.
While eXp Realty, which operates under a similar framework, did not appear on the 2025 list (though it ranked 350th in 2023), LPT’s trajectory remains clear: an IPO is on the horizon. Founder and CEO Robert Palmer has been actively exploring options, meeting with representatives from the New York Stock Exchange and Nasdaq to evaluate the best venue for a public offering. He and CEO of LPT International Michael Valdes will decide on the exchange before proceeding further.
These two brokerages illustrate how tech‑first strategies—leveraging cloud infrastructure, fintech products, and AI tools—can propel residential real‑estate firms to record revenue growth, rivaling the pace of industry giants like Google and Apple.
