Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9
EXp sees revenue rise, but agent count dips again in Q1
The company earned $943M in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780
by Jim Dalrymple II May 1
Ex-eXp agent at center of sex lawsuit sues for defamation
Michael Bjorkman wants more than $20M. He says founder Glenn Sanford defamed him when discussing 'bad actors' and jail time on an earnings call
by Jim Dalrymple II May 1
eXp Realty
The company has promoted Amy Weaver to serve as a senior vice president over US growth. The promotion comes in the wake of C-suite shakeups at the brokerage
by Jim Dalrymple II Apr 30
Court movements, FAQ answers, ticking clocks: Inman Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Apr 26
Defendants fight to get homebuyer commission suits tossed
The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out
by Andrea V. Brambila Apr 19
What agents do post-settlement will define Real Estate 3.0
Two major real estate market transformations defined the past 50 years, writes CEO Patrick Kilner. Are we ready for whatever comes next?
by Patrick Kilner Apr 16
Recruiting War '24: For brokerages, headhunt pivots to cream of crop
Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to 'the better and best agents'
by Jim Dalrymple II Apr 15
Recruiting War '24: Agents field new offers constantly, Intel finds
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it's now an unavoidable aspect of the job
by Jim Dalrymple II Apr 8
Leo Pareja tapped as eXp Realty's new CEO, relieving Glenn Sanford
Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings
by Jim Dalrymple II Apr 5
New commission lawsuit in New York may draw FTC attention
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied
An anticipated settlement still shocks the real estate industry
Proposed settlement represents 'nothing short of a sea change' for Realtors as NAR agrees to pay $418M and make sweeping changes
Sexual assault complaint stresses Sanford's 'control' over eXp agents
Judge finds 4 agents have plausibly alleged that eXp Realty founder and CEO Glenn Sanford attempted a 'cover up' of alleged rapes by top agent recruiters in order to financially benefit
Got an ugly listing? New Western's got a new solution
The new Podium program aims to give agents an easy way to sell their most difficult properties to New Western's pool of more than 200K investors
by Ben Verde Feb 29
The biggest wins, losses and news from Q4 2023 earnings
Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10B year, we’ve rounded up the top stories all in one place. Here’s what you might have missed
by Jessi Healey Feb 29