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[1]
Real Transforms Agent and Client Interactions With AI-Powered Virtual Concierge Leo By Investing.com
Leo, Real's AI-powered virtual concierge, will now proactively suggest tools and create personalized content for 22,000 agents; Real also previews Leo for Clients TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, kicked off RISE 2024"Real's signature annual agent conference"by unveiling Leo CoPilot, an innovative, proactive enhancement of its AI-powered virtual assistant for agents. Leo CoPilot will serve as an agent command center, anticipating each agent's unique needs and providing personalized support. More than just a reactive tool, Leo CoPilot will become the main interface agents use to manage reZEN, Real's proprietary software platform, transforming how they run their businesses and boosting productivity. Real also unveiled Leo for Clients, scheduled for launch in 2025. This tool redefines client-agent interactions by allowing direct communication with Leo via standard SMS and iMessage. By handling routine inquiries with instant responses, Leo for Clients enhances the client experience, allowing agents to manage their time more effectively, reduce operational costs and focus on strategic efforts and relationship building. Technology is the backbone upon which Real was built, and we continue to push the limits when it comes to leveraging artificial intelligence to deliver solutions that provide our agents and their clients with a strategic advantage, said Real Chairman and CEO Tamir Poleg. Leo has been a game-changer since Day 1, and its new CoPilot capabilities will further transform how Real agents operate. Combined with Leo for Clients, we are making significant strides toward our mission of simplifying one of life's most challenging transactions. Real was the first brokerage to offer an AI assistant that delivers tailored, context-aware responses, going beyond generic, automated answers. Powered by GPT technology and advanced machine learning, Leo is fully integrated with Real's award-winning transaction management platform, reZEN. Since launching in summer 2023, Leo has handled over 180,000 context-specific inquiries, providing agents with instant, relevant support. By continuously learning from past interactions and anticipating each agent's future needs, Leo significantly reduces the company's reliance on support teams. We've always envisioned a world where Leo will take the initiative, proactively creating personalized marketing assets and daily playbooks to supercharge our agents' productivity, said Real Chief Technology Officer Pritesh Damani. That vision is now a reality. Real agents now have a personal assistant that starts each day with a customized game plan"and takes charge of executing it. Leo CoPilot " The Next Level Leo has been revamped with a fresh design and is now fully integrated with Real's marketing and education platforms"including President Sharran Srivatsaa's complete on-demand coaching library for tactical agent education. Some of its key enhancements include: Leo for Clients Building on the same concept as Leo CoPilot, Leo for Clients will offer 24/7 access to property information and services through a dedicated phone line for each agent. At launch, clients will be able to interact with Leo for Clients via text message, enabling them to: Leo for Clients is more than just a tool; it's a game-changing leap forward in how agents connect with their clients, said Real President Sharran Srivatsaa. By automating routine tasks and providing instant, personalized service, we empower agents to focus on what truly matters"building relationships and closing deals. This represents the future of real estate"seamless, efficient and client-centered"and we are proud to lead the charge. About Real Real (NASDAQ: REAX) is a real estate experience company working to make life's most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the U.S. and Canada, Real supports more than 22,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Forward-Looking Information This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as seek, anticipate, believe, plan, estimate, expect, likely and intend and statements that an event or result may, will, should, could or might occur or be achieved and other similar expressions. These statements reflect management's current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real's ability to continue to attract agents and Real's expected timeline to release new products and services. Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real's business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, the ability to successfully release new products and services, slowdowns in real estate markets, economic and industry downturns, Real's ability to attract new agents and retain current agents and those risk factors discussed under the heading Risk Factors'' in the Company's Annual Information Form dated March 14, 2024, a copy of which is available under the Company's SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
[2]
The Real Brokerage to Unveil AI-Powered Industry Firsts and Agent-Centric Innovations at Sold-Out RISE 2024 Conference By Investing.com
Real's signature conference showcases new and enhanced products designed to make agents' lives easier and an array of speakers offering best practices to promote personal and professional growth TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, will harness the power of innovation and artificial intelligence to unveil groundbreaking agent offerings at RISE 2024, Real's third annual agent conference, which kicks off today. The three-day event, positioning Real as an industry-leading AI-powered real estate company, will feature over 50 agent-led sessions designed to drive connections, boost productivity and harness the power of Real's growing network. At this morning's opening session, Real's leadership team will showcase enhancements to Leo, Real's AI-powered 24/7 personal concierge, that will transform how Real agents operate and interact with clients. They will also debut Real Wallet, an innovative financial management platform that will have financial products tied to an agent's commission income and revenue share, offering flexibility and control over their finances. In addition to welcoming real estate agents to the sold-out live event at Virgin Hotels Las Vegas, general sessions on Tuesday, Oct. 22, and Wednesday, Oct. 23, will be livestreamed. At Real, our mission is simple"make agents' lives better by leveraging technology to drive sustainable business outcomes and creating opportunities for agents to learn from one another, said Tamir Poleg, Chairman and CEO of Real. At RISE 2024, we're showcasing cutting-edge products and sharing insights from our top agents to help elevate personal and professional growth. Real President Sharran Srivatsaa will lead a tactical session focused on expanding agents' referral pipelines, sharing proven strategies to help agents become trusted, go-to experts while leveraging their networks for long-term growth and success. RISE is unlike any other conference, and this year's event will not disappoint, Srivatsaa said. With everything that has happened over the past year"whether it's interest rate swings, market contractions or changes in business practices"agents are retooling their businesses and their lives. The general sessions, keynote speakers, breakouts and networking events have been thoughtfully curated to help level up every aspect of their lives. The conference will feature sessions focused on branding, lead-generation and wealth-building skills essential for success in a rapidly changing real estate landscape, along with networking opportunities to expand their connections and ensure collaboration continues beyond the conference. The conference will feature major product announcements, including advancements in AI aimed at boosting agent productivity and strengthening the agent community. Additional key highlights include: To learn more about and register for the RISE 2024 livestream, click here. About Real Real (NASDAQ: REAX) is a real estate experience company working to make life's most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the U.S. and Canada, Real supports more than 22,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Forward-Looking Information This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as seek, anticipate, believe, plan, estimate, expect, likely and intend and statements that an event or result may, will, should, could or might occur or be achieved and other similar expressions. These statements reflect management's current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real's ability to continue to attract agents. Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real's business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real's ability to attract new agents and retain current agents and those risk factors discussed under the heading Risk Factors in the Company's Annual Information Form dated March 14, 2024, a copy of which is available under the Company's SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
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The Real Brokerage Inc. introduces Leo CoPilot, an enhanced AI-powered virtual assistant for agents, and previews Leo for Clients at its annual RISE 2024 conference, showcasing innovative AI solutions in real estate.
The Real Brokerage Inc. (NASDAQ: REAX) has unveiled significant advancements in its AI-powered virtual assistant, Leo, at its annual RISE 2024 conference. The company, which operates as a technology platform reshaping the real estate industry, introduced Leo CoPilot and previewed Leo for Clients, showcasing its commitment to leveraging artificial intelligence in real estate transactions [1].
Leo CoPilot represents a proactive enhancement of Real's AI-powered virtual assistant for agents. This innovative tool serves as an agent command center, anticipating unique needs and providing personalized support. Key features of Leo CoPilot include:
Since its launch in summer 2023, Leo has handled over 180,000 context-specific inquiries, significantly reducing the company's reliance on support teams [1].
Scheduled for launch in 2025, Leo for Clients aims to transform how clients interact with real estate agents. This tool will allow direct communication via standard SMS and iMessage, offering:
The RISE 2024 conference, held at Virgin Hotels Las Vegas, serves as a platform for Real to position itself as an industry-leading AI-powered real estate company. The event features:
Real's Chairman and CEO, Tamir Poleg, emphasized the company's focus on leveraging technology to simplify real estate transactions. The introduction of Leo CoPilot and Leo for Clients represents a significant step towards this goal, potentially transforming how agents operate and interact with clients [1].
Real President Sharran Srivatsaa highlighted the importance of these innovations in the current market context, stating, "With everything that has happened over the past year—whether it's interest rate swings, market contractions or changes in business practices—agents are retooling their businesses and their lives" [2].
As Real continues to expand its AI-powered offerings, the company aims to attract more agents to its platform. Currently supporting over 22,000 agents across the U.S. and Canada, Real's innovative approach to real estate technology positions it as a potential disruptor in the industry [1][2].
While the company expresses optimism about its growth and technological advancements, it acknowledges that forward-looking statements are subject to various risks and uncertainties that could impact actual results [1][2].
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4 Sources
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