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 ...
Tag: Real Estate Earnings
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 ...
Compass CEO Weighs In On Clear Cooperation Rule During Earnings Call
Compass held its Q2 earnings call on Wednesday, July 31, 2024. During the investor Q&A portion, CEO and Founder Robert ...
CoStar Says Homes.com Is ‘Fast Approaching’ Zillow in Traffic
CoStar Group, the commercial real estate heavyweight that is making waves in residential spaces, announced in an earnings call July ...
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% ...
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 ...
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 ...
Real-Time Financial Visibility Improves Cash Flow
Brokerages that monitor income and payouts in real time are better positioned to forecast revenue, manage expenses and avoid shortfalls. Gain financial clarity.
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