The Real Brokerage (NASDAQ: REAX) saw a 3% increase in its stock price after announcing the release of Real Wallet Capital, a new product designed to provide real estate agents with quick access to working capital. The product is part of the company’s reZEN platform and aims to offer same-day funding without the hassles of traditional lending. The new offering will initially be available in 28 states and the District of Columbia, with plans for a national rollout in the coming months, strengthening the company’s platform and potentially attracting more clients.
Investors considering Real Brokerage should note that it was not included in the Motley Fool’s list of the 10 best stocks to buy right now. The top 10 stocks selected by the analyst team have historically produced significant returns, outperforming the market by a wide margin. The Real Brokerage’s new product may enhance its appeal to clients, but investors should weigh this against the advice of the Motley Fool’s experts before making a decision.
Read more at Nasdaq: Why The Real Brokerage Stock Topped the Market on Tuesday