Resaas Services ( (TSE:RSS) ) has provided an update.
RESAAS Services Inc. has entered into a new three-year agreement with RE/MAX, LLC, a leading real estate franchisor, which is expected to significantly boost the company’s revenue. The agreement includes setup fees, recurring monthly license fees, and variable transaction fees, with the monthly license fees alone projected to increase RESAAS’s revenue by approximately 50%. The announcement of this agreement highlights its importance to the company and its potential impact on future revenue growth.
More about Resaas Services
RESAAS Services Inc. is an award-winning technology company that serves the global residential and commercial real estate industry. It provides unique real estate data, access to qualified international referrals, and Coming Soon listings to over 600,000 residential real estate agents across 160 countries. Additionally, commercial real estate’s largest brokerages and institutions use RESAAS as a data exchange platform to securely distribute their data with designated third parties.
YTD Price Performance: 71.76%
Average Trading Volume: 27,856
Technical Sentiment Signal: Hold
Current Market Cap: $23.68M
For a thorough assessment of RSS stock, go to TipRanks’ Stock Analysis page.