Opendoor Predicts Falling Commissions, Hopes to Benefit From Settlement
Opendoor, the largest and oldest iBuyer, is still struggling to adjust its business model to a more restrictive, sluggish market ...
Tag: earnings report
eXp Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year
Despite ongoing legal woes and a drop in agents, virtual national brokerage eXp reported year-over-year revenue and profit growth in ...
Zillow Sees the Positives in a Post-Settlement Industry in Latest Earnings Call
At the end of 2023, Zillow pointed to the consistency of its earning results to paint a rosy picture of ...
Anywhere Q1 Results: Slide Continues With Net Loss of $101 Million
In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing ...
Fathom Sees Opportunity for Recruiting ‘Offensive’ Amid Lawsuits, Industry Turmoil
North Carolina-based Fathom Realty, which like many other low-fee tech-centric brokerages saw unprecedented growth during the pandemic, is zeroing in ...
United Mortgage Turns to Refinances to Fight Mortgage Market Challenges
United Wholesale Mortgage (UWM) continues to fight through the tides of the mortgage market. Despite some pitfalls in their Q4 ...
Compass Satisfied With Q4 Performance Compared to National Averages
Compass reported increases of principal agent count by 7.7%, up 1,046, and quarterly market share up 4.41%—a jump year-over-year by ...
Offerpad Voices Optimism Despite Continuing Losses in Q4 2023
In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 ...
eXp Posts Profitable Q4, Positioned to Capitalize on Future Growth Opportunities
Last year was filled with pressing difficulties in the real estate realm—throughout the United States and beyond—although virtual brokerage eXp ...
Following Bailey Exit, New RE/MAX President Says Agent Growth Is Priority One
Following the unexpected news Thursday that RE/MAX CEO Nick Bailey is leaving the company, which was released in tandem with ...
4 Ways to Tap an Often-Overlooked Senior Housing Market
When a person hits 80, the idea of downsizing and moving, either across town or across the country to be near children, can become less of a choice and more of a necessity. Read more.
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