Fathom Trumpets Solid Agent-Count Rise, Acknowledges Settlement Talks
In a second quarter earnings report Aug. 12, Fathom Holdings, which includes flat-fee brokerage Fathom Realty, the tech-focused, full-service brokerage ...
Tag: earnings report
RE/MAX Agent Count Down, But Expected to ‘Bend the Trend’
Legacy franchisor RE/MAX posted another quarter of decline in revenue and agent count year-over-year. The latest financial information was released ...
Zillow Expects Pluses From NAR Settlement, Reports Blowout Revenue Growth
While many industry incumbents are eyeing August 17 with nervousness, preparing for some level of turbulence and uncertainty, Zillow is ...
Redfin CEO Alarmed at Pace of 2024 Home Sales; Earnings Tread Water
Corporate quarterly reports, unless they include dramatic swings in earnings, are often same-old, same-old. However, when the industry is in ...
Offerpad CEO Predicts Buyers and Sellers Will Get ‘Used To’ Working Together Directly
Brian Bair, chief executive officer of iBuyer Offerpad Solutions, said during his company’s Q2 earnings call that the real estate ...
Jason Mitchell Group Posts Record Q2 Earnings
The Jason Mitchell Group has announced record-breaking Q2 earnings with a net profit of $3.98 million, marking a 24% increase ...
United Mortgage Prepares for a Rate Cut and Refinance Boom
With a Federal Reserve rate cut on the tongues of every industry economist, the mortgage market is readying itself for ...
Despite a $20M Q2 Settlement Payment, Anywhere Says ‘Strong Results’ Position Firm for Continued Success
In a second quarter earnings call Aug. 1, Anywhere Real Estate reported $30 million in profits for the quarter, reversing ...
Opendoor CEO Says Commissions Already Falling Ahead of Settlement Changes
Yesterday, Opendoor, the largest and oldest iBuyer, announced its financial results for the second quarter of 2024, also addressing recent ...
eXp Claims Harsh MLS Penalties, ‘Headaches’ From Settlement Will Drive Consolidation
eXp is seeking to position itself as a safe haven for agents worried about navigating the upcoming changes created by ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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