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% ...
Tag: Real Estate Earnings
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 ...
Zillow Sees the Positives in a Post-Settlement Industry in Latest Earnings Call
At the end of 2023, Zillow pointed to the consistency of its earning results to paint a rosy picture of ...
Anywhere Q1 Results: Slide Continues With Net Loss of $101 Million
In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing ...
Legacy Portals Will Be ‘Stressed’ by NAR Settlement, CoStar CEO Claims
Pushing forward with his own unique take on portal monetization, CoStar CEO Andy Florance said on a recent earnings call ...
Fathom Sees Opportunity for Recruiting ‘Offensive’ Amid Lawsuits, Industry Turmoil
North Carolina-based Fathom Realty, which like many other low-fee tech-centric brokerages saw unprecedented growth during the pandemic, is zeroing in ...
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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