Real Brokerage Inc. added Sandy MacKay’s Found Spaces Realty Group and a network of 50 top‑producing Ontario agents to its platform, bringing 12 high‑volume agents averaging $100 million in annual sales and 50 agents generating $500 million in volume.
The move pushes the brokerage’s agent count past 31,000, reinforcing its position as the largest real‑estate platform in Canada. The acquisition aligns with the company’s strategy to grow its agent base, accelerate adoption of AI tools, and expand high‑margin ancillary services such as mortgage, title, and embedded finance.
The 12‑agent team has consistently delivered $100 million in volume each year for eight years, while the 50‑agent network has generated $500 million annually. Together, they represent a 10‑percent increase in the company’s transaction volume and a significant boost to the high‑margin ancillary revenue stream.
Real Brokerage’s Q3 2025 results showed revenue of $568.5 million, up 53 percent year‑over‑year, and closed transactions up 49 percent. The company’s net loss narrowed to $0.4 million and Adjusted EBITDA rose to $20.4 million, underscoring the financial strength that will support the integration of the new agents.
CEO Tamir Poleg said the expansion “reinforces the strength of our model and our ability to grow in any market cycle” and that the focus remains on delivering value to agents while expanding ancillary services. The addition of MacKay’s leadership team, which includes coaching and investment expertise, is expected to accelerate the adoption of Real Brokerage’s AI‑powered tools and high‑margin services among the new cohort.
The integration is expected to begin immediately, with the new agents onboarding onto the platform’s technology stack and receiving training on Leo CoPilot and other AI tools. The company plans to leverage the high‑producing agents to drive adoption of its embedded finance solutions, further expanding its high‑margin revenue mix.
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