Directionals Point North for Compass With Strong Q1 Earnings, Agent Gains
In a generally upbeat Q1 earnings report May 8, residential real estate company Compass showcased $1.05 billion revenue, a 10% ...
Tag: Q1 2024 Earnings
Redfin Q1 Revenue Rises, but Net Losses Up as Well From 2023; CEO Notes New Normal
One day after deciding to settle commission lawsuits with a proposed $9.25 million-dollar payout, Redfin, in a May 7 Q1 ...
Offerpad Q1 Earnings: Revenue Way Down, Though Improvements Cited
In a Q1 earnings call May 6, technology real estate company Offerpad Chairman and CEO Brian Bair put as positive ...
Rocket Mortgage Impresses With $1.2 Billion Earned in Q1 2024
As the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in ...
RE/MAX Posts Declines in Q1: Down YoY in Revenue, Agent Count
RE/MAX, a global power brokerage that has been voted to have the U.S. and Canada’s most trusted agents, posted another ...
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 ...
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 ...
Legacy Portals Will Be ‘Stressed’ by NAR Settlement, CoStar CEO Claims
Pushing forward with his own unique take on portal monetization, CoStar CEO Andy Florance said on a recent earnings call ...
Cleaning House: Strategies for Agents When Selling Tired, Unkempt Homes
How to politely but persuasively work with owners (and buyers) to ensure properties present at their best for everyone’s gain. Read more.
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