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 ...
Tag: Real Estate Earnings
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 ...
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 ...
3 Business Moves Agents Should Make Before Summer
As the market heads into the summer season, the groundwork you lay now can determine whether the coming months are productive. Agents can use this time to reconnect with clients and position themselves for more listings. Here are three smart business strategies to make before summer arrives. Read more.
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