SEC comment letter
SEC correspondence
Real Brokerage Inc responded to SEC staff comments on revenue recognition
Letter dated 2026-04-30; published on EDGAR 2026-10-28 — the SEC releases comment letters only after the review closes.
We note the Company has a revenue sharing plan where its agents can receive additional income from real estate transactions consummated by agents they have attracted to the Company and that the amounts paid to agents are included as part of marketing expenses. Please tell us how you determined these amounts are not considered a cost of sales citing all relevant accounting literature within your response. Include…
Evidence
- Direction
- company to staff
- Letter dated
- 2026-04-30
- Published on edgar
- 2026-10-28
- Reviewing
- The Real Brokerage Inc. Form 40-F for the Fiscal Year Ended December 31, 2025 Filed March 4, 2026 File No. 001-40442 Dear Mr. Demarest and Ms. Menjivar: On beha
- Source
- Company response to SEC staff (CORRESP)
- Topics
- Revenue recognition, Share-based compensation, Fair value
- Why
- SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.