The Real Brokerage Inc. Announces Acquisition of Expetitle, Inc.

With platform that improves closing, the tech-driven brokerage will provide unequalled search-to-close experience for homebuyers and realtorsTORONTO and NEW YORK and MIAMI, Jan. 21, 2022 /PRNewswire/ -- The Real Brokerage Inc. ("Real" or the "Company") (TSXV: REAX) (NASDAQ: REAX), an international, technology-powered real estate brokerage, today announced that it has completed the acquisition of 100% of the issued and outstanding equity interests of Expetitle, Inc. ("Expetitle") pursuant to a stock purchase agreement dated January 20, 2022 (the "Transaction"), creating an enhanced technology-driven experience from search to close for realtors and their customers.Expetitle has developed technology that simplifies the paper-intensive and time-intensive title and eEscrow process, reducing errors and saving time. Agents can navigate the entire closing experience in a few clicks using Expetitle's mobile app. "We are so excited to be joining Real. Their mission of bringing more technology to the home-purchase experience aligns perfectly with our focus on bringing technology to the closing," said Sean Daly, Expetitle's founder and CEO. "Together, Real and Expetitle can help the real estate industry for the benefit of everyone.""I am excited to welcome Sean and the Expetitle team to the Real family. Expetitle's innovative approach to title and closing is synergetic with Real's mission to improve both the agent and consumer experience in the real estate industry," said Real's founder and CEO Tamir Poleg. "Joining forces will allow us to expedite our efforts towards creating a more convenient, transparent and faster home buying experience for our agents' clients."
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