The Real Brokerage (REAX) Expands Southern California Footprint With Joining of Top Producer Freeman Wang and 50-Agent Team

Group 1 - The Real Brokerage Inc. (NASDAQ:REAX) is recognized as a promising long-term penny stock investment, recently enhancing its team with Freeman Wang and his 50-agent group from Harvest Realty [1] - Harvest Realty, established in 2014, contributed over $2.4 billion in sales volume for 2024 and added 550 agents, strengthening the company's service to the Chinese community in Orange and Los Angeles counties [2] - Wang's team achieved a sales volume of $425 million in 2024, closing 430 homes, which expands The Real Brokerage Inc.'s presence in Southern California and underscores the effectiveness of its Private Label program [3] Group 2 - The Real Brokerage Inc. operates in real estate brokerage services, with its operations divided into North American Brokerage and Other segments, generating revenue through commissions from real estate transactions [4] - The Other segment includes revenues from title insurance, closing services for transactions, and premiums from mortgage facilitation [4]