Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
EXp team leader accused of sexual assault seeks to protect sex tapes
EXp founder and CEO Glenn Sanford is now a defendant in the sex trafficking case and allegedly turned a blind eye to the assaults for financial gain, according to an amended legal filing
by Andrea V. Brambila Jul 18
Former KW CEO Mark Willis 'home' 18 months after eXp recruit drama
A year and a half after Keller Williams legally blocked eXp World Holdings' attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned
by Marian McPherson Jul 12
Real estate stocks are suddenly and finally on fire
Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector
by Jim Dalrymple II May 11
Eyes on inventory as Q1 earnings ramp up following a chilling 2022
Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next
by Jim Dalrymple II May 3
EXp Realty posts revenue decline as transactions and sales dip in Q1
EXp World Holdings tallied a 16% decrease in revenue in Q1 as transaction sides and volume at its brokerage, eXp Realty, fell by 10% and 20%, respectively, according to an earnings call on Tuesday
by Marian McPherson May 2
Cash to burn: Do real estate's big players have enough in the bank?
Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023
by Daniel Houston Apr 5
SUCCESS Enterprises announces Amy Somerville as new CEO
After a little more than a year with Buffini & Company, veteran professional development executive and strategist Amy Somerville has joined eXp's SUCCESS Enterprises
by Marian McPherson Mar 6
Real estate took a drubbing in Q4, but some companies still surprised
Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves
by Jim Dalrymple II Mar 2
EXp cites 'volatile housing market' for double-digit sales decline in Q4
EXp World Holdings' revenue increased 13% to $933M in Q4 2022 as closed transaction sides and volume fell by 13% and 16%, respectively, according to an earnings call Tuesday afternoon
by Marian McPherson Feb 28
Lawsuit accuses eXp agents of sexual assault, drugging women
According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events
by Jim Dalrymple II Feb 23
Cost cutting and existentialism: What to expect from earnings
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive
by Jim Dalrymple II Feb 15
Compass went public 2 years ago. Can it recover from its stock slump?
Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors' appetite for shares fall significantly
by Jim Dalrymple II Jan 25
What happens when the battle for agent count runs out of steam?
Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending
by Jim Dalrymple II Jan 18
Compass faces first downturn amid pressure to cut costs
The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn
by Jim Dalrymple II Jan 11