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 ...
Tag: Real Estate Earnings
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 ...
Real Estate’s Q2 Earnings Point to Continued Changes Ahead
When the market is in flux, and there’s a focus on regulatory changes on the horizon, it can be difficult ...
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 ...
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 ...
Technological Focus Continues to Drive Rocket Mortgage’s Success
As the mortgage industry continues to see signs—lowering mortgage rates and worsening applications—that point to the strong possibility of a ...
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 ...
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