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
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
According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events
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
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
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
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
EXp World Holdings founder Glenn Sanford said the tumultuous housing market was a factor in him stepping back into the role of CEO at eXp Realty, and the firm's sluggish agent count growth
Sanford will helm the company's brokerage while Gesing, who had served as its chief executive officer, will shift into an expanded role as chief industry relations officer for eXp World Holdings
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down
Competition and a slowing market are making international expansions an increasingly important part of many US companies plans for growth, including eXp Realty
The cuts affect approximately 550 people, Opendoor CEO Eric Wu said in a blog post Wednesday, and come amid a worsening housing market that has forced layoffs across the real estate industry
EXp World Holdings revenue increased 12% to $1.2B during the third quarter of 2022; however, its profitability slid 81.5% to $4.4M — a reflection of an increasingly choppy market
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market
Inman spoke with Chief Growth Officer Michael Valdes and 3 of the company's charter luxury advisory council members to learn what's in store for agents as it ramps up the new division