The listing identifies corporations in expertise, media, telecommunications, life sciences, fintech and power tech fields.
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The Actual Brokerage earned notable recognition outdoors of the business by touchdown at No. 38 on the Deloitte Know-how Quick 500 listing, which identifies corporations in expertise, media, telecommunications, life sciences, fintech and power tech fields.
In a Nov. 21 press launch despatched to Inman, Actual CEO Tamir Poleg mentioned its place on the 30-year-old listing is extra proof that the true property house is responding to its tech-forward mannequin that, in accordance with Poleg, “boosts agent productivity through automation.”
“It’s a straightforward concept, but it requires widespread adoption to succeed — making our proprietary tech stack a vital component of our growth,” he mentioned within the launch. “Looking ahead, we’re committed to leveraging artificial intelligence to elevate agent productivity and deliver a seamless, intuitive experience for both agents and their clients.”
Deloitte selects corporations based mostly on a proportion of fiscal 12 months income development from 2020 to 2023. For that interval, Actual reported a 4,062 p.c enhance.
Whereas the corporate closely promotes itself as a “technology platform reshaping real estate,” it stays an actual property brokerage. Nevertheless, it has carried out quite a lot of proprietary software program and synthetic intelligence options that empower brokers and employees to measurably decrease their workflows.
Actual is a cloud brokerage, a time period which means that it doesn’t personal or require brokers to make use of bodily workplaces, a attribute additionally enabled by its expertise commitments.
It’s that expertise growth that helps Actual qualify for the listing, which states eligibility requires that “companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues.”
“Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201 percent to 153,625 percent over the three-year time frame, with an average growth rate of 1,981 percent and median growth rate of 460 percent,” the discharge said.
Actual surpassed 20,000 brokers this summer season and reported vital development in Q3, Inman reported. It added 2,000 new brokers between July and October, and whole transactions closed hit 35,832 within the quarter, 76 p.c increased than a 12 months in the past.
The corporate’s C-suite received the Inman Innovator Award in 2023.
