Revenue grows and losses widen for Redfin in Q3
Seattle-based brokerage and portal Redfin's Q3 revenue grew 3% year over year to $278M. However, the company's net losses ballooned 77.8%, according to Thursday's earnings
by Marian McPherson Nov 7
Airbnb profit falls in Q3 despite growth in supply and demand
Travelers spent $20.1B on Airbnb in Q3, a 10% increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits
by Taylor Anderson Nov 7
Weichert follows eXp Realty's lead in settling commission lawsuits
Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp's settlement in that case sparked pushback from plaintiffs in a different lawsuit
by Jim Dalrymple II Nov 7
Howard Lorber disclosed broker relationships in board investigation
Before his retirement, Lorber allegedly underwent a 5-hour-long internal inquiry, Bloomberg reported, during which he revealed relationships with Jennine Gourin and Jessica Cohen
Anywhere unfazed by 3% revenue decline as luxury segment thrives
Revenue, closed transaction volume and net income fell in Q3, earnings data on Thursday shows. But a strong luxury push and October uptick in buyer activity have set the stage for a robust Q4
by Marian McPherson Nov 7
The Real Brokerage posts revenue gain as recruitment soars in Q3
The Real Brokerage added more than 2K new agents in the 3rd quarter while revenue rose to $372.5M, according to quarterly earnings Thursday. The company posted a net loss of $2.5M
by Taylor Anderson Nov 7
Douglas Elliman sees revenue inch upward after tumultuous Q3
New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a 'new era'
The Q3 calls to watch closely as real estate’s 'Super Thursday' unfolds
Anywhere Real Estate, Redfin, eXp World Holdings and 7 more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025
by Taylor Anderson Nov 7
Following the leadership journey of a Latina broker-owner
Eva Angelina Romero, a top real estate broker, shares her insights on life, success and building a business you are passionate about
by Rick Guerrero Nov 7
How to build a high-performing, interdependent real estate team
A truly cohesive real estate team, luxury consultant Chris Pollinger writes, can sustain long-term success while trusting, supporting and empowering each other
by Chris Pollinger Nov 7
The art of team selection: 10 tips for finding the right showing agent
Showing homes is a time-consuming, yet vital, part of the buying process. Coach Verl Workman shares how outsourcing the task can benefit your team
by Verl Workman Nov 7
Real estate tycoon sentenced to death in Vietnam appeals sentence
Accused of embezzling as much as $27B alongside her husband and other accomplices, Truong My Lan told the court on Monday that her sentence is ‘too expensive to pay’ and 'too severe'
by Taylor Anderson Nov 6
Building a company culture where little things make a big difference
While metrics and KPIs reflect your company's performance, Leah McDonough writes, it's feeling valued and appreciated that defines company culture
by Leah McDonough Nov 6
EXp punches back over criticism of 'sweetheart' commission deal
The virtual brokerage argued Tuesday that its settlement wasn't too small, and asked a court to reject attempts to force it back to the negotiating table
by Jim Dalrymple II Nov 5
Gibson commission case sees 4 more settlements
NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5M
by Jim Dalrymple II Nov 5
In latest Gibson ruling, judge offers clues on fate of NAR settlement
Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals 'provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case'