High mortgage rates and buyer incentives are squeezing builder margins
CEO Andy Florance said Homes.com has the winning short- and long-term strategy after revealing that the company kept adding paid members in 2025
CEO Jeremy Wacksman told Inman the portal is focused on 'ourselves and what we can control.' Zillow also said Thursday that 80% of home transactions involve one of its products
Offerpad's revenue fell 36% year-over-year to $160.3M in Q2. However, its net losses declined 21% to $10.9M
In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8M in restricted stock awards granted to 5 top executives over the past 3 years
Despite a slower housing market, the brokerage's revenue grew 28.7% year over year in Q1 while transactions rose 27.8%
The iBuyer's $1.1B in Q4 revenue wasn't enough to offset a loss of $113M. However, CEO Carrie Wheeler said the company entered 2025 as 'a leaner, more efficient business'
The virtual brokerage ended 2024 with 82,980 agents — a 5% drop compared to the previous year, according to Q4 earnings data. EXp also posted $1.1B in revenue in the final 3 months of last year
The Compass CEO said that NAR's rules have held back top agents and brokerages. But Robert Reffkin also believes that as those rules end, big brokerages like his will pull further ahead
The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025
In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9% of its workforce, helping trim expenses by 32%
The firm reported total lodging bookings of $20.7B for Q2 across all of its platforms
The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday afternoon
The iBuyer lost $17.5M between January and March, according to an earnings call Monday afternoon. However, that represents a 71% improvement compared to a year earlier
Opendoor drew $1.2B in revenue between January and March, according to first-quarter earnings released Thursday. The new numbers reflect a tough market, but also some hope for the iBuyer