The brokerage's revenue grew 52 percent annually in the second quarter, reaching $128.2 million, up from $84.2 million last year, according to an earnings on Thursday.
Redfin reported $606.9M in second-quarter revenue, a 29% increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets
Offerpad recorded a gross profit of $93M, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon
The real estate company's revenue increased 42% annually to $1.4B, and its gross profits increased 34% compared to the second quarter of 2021, according to a Q2 earnings report Wednesday
Opinion
This week, you told us which tech tool is so game-changing it's worth taking that class or watching that tutorial
Regulators with the Federal Trade Commission on Monday accused the iBuyer of 'cheating' and 'tricking' consumers. Opendoor disagrees with the allegations but has agreed to settle the case
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for July 22-28, 2022
Compass named veteran agent Lacey Strange to its Colorado Sales Management team this week, the company announced Friday
The Arkansas-based lender will use Sagent’s servicing solutions to collect monthly payments from borrowers and manage loans when homeowners get behind on their payments
MarketBuy's Will Farmer leads its official expansion into the states as its North American head of growth. He will attend Inman Connect, eager to pitch what the company can do for listings
Jesse Pedersen will serve as the company's chief technology officer, while Zac Hays is joining as chief product officer, according to an announcement released Thursday
After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company's history
Opinion
This week, you told us about the top 5 apps that you simply can't do without on your cell phone
The redesigned space in Madison, New Jersey, dubbed The Madison Hub, emphasizes a collaborative environment with workspaces designed for more interaction with other employees