The Real Brokerage (REAX) to Help Showcase Grow Under Private Label Program

The Real Brokerage Inc. (NASDAQ:REAX) is one of the 10 Best Penny Stocks to Buy for the Next 5 Years. On August 6, The Real Brokerage Inc. (NASDAQ:REAX) reported that Showcase Real Estate is joining the company through its Private Label program.

Showcase Real Estate is an independent brokerage that serves Northern California’s agricultural heartland and it is led by Donna Phelan, an experienced professional in the field.

The Real Brokerage (REAX) to Help Showcase Grow Under Private Label Program

A business man holding a tablet, discussing the features of a Real Estate mobile-focused tech platform.

Showcase Real Estate brings 45 agents to The Real Brokerage Inc. (NASDAQ:REAX), helping the company grow its presence in Northern California.

The Real Brokerage Inc.’s (NASDAQ:REAX) Private Label program allows boutique and independent brokerages to maintain and grow their established local brand while using the company’s advanced AI-driven technology and national platform.

Since 2018, Showcase Real Estate has sold over 2,170 homes worth $826 million. Over the past 12 months, Showcase has completed 267 transactions for $115 million.

The Real Brokerage Inc. (NASDAQ:REAX) is a real estate technology company that provides a digital brokerage platform for agents.

While we acknowledge the potential of REAX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than REAX and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 11 Best Revenue Growth Stocks to Buy Now and 11 Best Under-the-Radar Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.