Rocket Mortgage Continues to Power Through 2024
As the mortgage industry continues to see some mixed signs—rates rising and falling, applications decreasing and so on—Rocket Companies continues ...
Tag: Q3 2024
Redfin CEO Apologizes to Shareholders After Profit Eludes Company in Q3 Earnings Report
2024’s third quarter dragged down Redfin’s financials, according to the company’s latest earnings report. Redfin’s revenue declined to $278 million, ...
Strategic Acquisitions Bolster Fathom Agent Count and Trajectory in Q3
It was a busy three months for Fathom Holdings. Despite continued housing market challenges, company officials seemed generally optimistic about ...
Opendoor Q3 Report: Losses Lessened, but 17% of Workforce Terminated
In a third quarter earnings report November 7, Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, reported ...
NAR Quarterly Report: 87% of Metros Post Home Price Gains in Q3 2024
The National Association of REALTORS®’ (NAR) latest quarterly report shows that single-family existing-home sales prices climbed in 87% of measured ...
Offerpad CEO Sees Commissions Falling as iBuyer Cuts Losses
Real estate technology firm Offerpad hosted its Q3 earnings call on Monday, Nov. 4—during which CEO Brian Blair fielded questions ...
RE/MAX Sees Domestic Agent Count, Revenue Tick Down, but Touts Productivity
Legacy mega-franchisor RE/MAX reported a 3.4% drop in revenue and a 4.4% drop in agents across the U.S. and Canada, ...
Compass Sees MLSs Stop Enforcement of Clear Cooperation as Reffkin Continues to Speak Out
Compass Founder and CEO Robert Reffkin continues to hold his stance against NAR’s Clear Cooperation policy, and reported that the ...
CoStar Sees Revenue, Traffic Growth, Reaffirms Investments
CoStar Group, the real estate conglomerate that has been making a concerted push into the residential space, posted overall revenue ...
With the New Year Around the Corner, Leaders Offer New Ways to Boost Agent Productivity
A panel of industry experts recently gathered to discuss ways to boost productivity and streamline the sale process as 2024 winds down. Read more.
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