Apr. 23 at 7:37 PM
$REAX just bought more on the dip. I see a lot of potential here:
1. Rapid recruitment/scaling of agents to over 30k over the past year;
2. Significant transaction growth in a slow housing market, which means even higher after the housing market resets this year;
3. As more agents adopt AI tools and other processes supported by
$REAX to increase efficiency and reach and as more houses hit the market, transactions per agent is starting to grow; and
4. Numbers already showing notable decrease in net loss and significant improvement in adjusted EBITDA.
Agents up. Sales up. Supply up. Productivity up. Stock price will follow soon.
