10 Best Performing Real Estate Stocks to Buy According to Analysts

5. The Real Brokerage Inc. (NASDAQ:REAX)

Average Upside Potential: 20.72%

Gain Over Past 1 Year: 69.05%

Number of Hedge Fund Holders: 18

The Real Brokerage Inc. (NASDAQ:REAX) is a real estate technology company founded in 2014. The company delivers a single seamless end-to-end customer experience by combining essential real estate, mortgage and closing services with technology. It supports more than 22,000 agents using its digital brokerage platform with a presence in all 50 US states and Canada.

The Real Brokerage Inc. (NASDAQ:REAX) has taken a new approach to the old brokerage model through a disruptive, software-based real estate brokerage that aims to be the destination brokerage for all agents by providing them with higher value at a lower cost. It is worth mentioning that the company has grown its agent count by nearly 5x since the beginning of 2022. When compared to the peer average as of 2Q 2024, The Real Brokerage Inc. (NASDAQ:REAX) has surpassed in terms of agent growth and revenue growth year-over-year.

Underpinned by industry-leading growth and innovation, the company recently recorded another good quarter. The total value of completed real estate transactions hit $14.4 billion in 2024’s third quarter, up 78% over the year. Meanwhile, the total number of agents on the platform increased 79% year-over-year. The firm has also been striving to create a technology-first real estate experience as it announced the official launch of its first fintech product, Real Wallet, which enables US agents to access their earnings instantly. The Real Brokerage Inc. (NASDAQ:REAX) also introduced Leo CoPilot, an agent command center that anticipates every agent’s unique needs and offers personalized support.