Rentals, tech and efficiency drive real estate’s Q4 earnings
Companies doubling down on rentals, AI and streamlined operations pulled ahead, while others struggled with agent attrition and slowing sales
by Jessi Healey Feb 27
Opendoor saw rising losses in Q4, but managed to boost revenue
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'
by Jim Dalrymple II Feb 27
Matterport lost $256M in 2024 as it continued scaling before merger
Total revenue was $169.7M, up 8% compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams
by Taylor Anderson Feb 27
CoStar Group looks to hire 1K employees in 2025
CoStar Group announced plans on Monday to add 1K new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams
by Marian McPherson Feb 27
Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6% to 70.6 in January, marking an all-time low, according to NAR data
by Richelle Hammiel Feb 27
Why client disclosures, not MLS mandates, serve homeowners best
Opinion
Compass CEO Robert Reffkin cites research on pre-marketing outcomes to argue for an end to Clear Cooperation Policy mandates
by Robert Reffkin Feb 27
BridgeMLS adds Roomvo AI visualizations to search platform
Homebuyers using bridgeMLS' search site can now virtually redesign rooms using Roomvo's Inspire tool. The tool includes preset design styles, wall and floor finishings, and decor add-ons
by Marian McPherson Feb 26
Mat Ishbia
In a year when home sales hit a 3-decade low, the nation's biggest mortgage lender racked up a $329M profit and made $96.1B in loans to homebuyers -- the company's best year ever
by Matt Carter Feb 26
RE/MAX announces ‘digital-first’ RE/BRAND of iconic logo
Company drops name from its iconic balloon logo, streamlines RE/MAX wordmark to give agents more flexibility with focus on modernizing the brand
by Taylor Anderson Feb 26
Maverick Systems expands reach of recruiting data
The software company launched a year ago with the intent to help industry leaders better predict when agents might leave their office and who to target from market competitors
by Craig C. Rowe Feb 26
HGTV star Kortney Wilson joins eXp Realty in Nashville
At eXp Realty, Kortney Wilson will specialize in luxury properties, staging, relocation, new construction and vacation homes in Nashville, Tennessee
by Richelle Hammiel Feb 26
RE/MAX agrees to pay $5.5M to settle Canadian commission suit
The company agreed to unspecified business practice changes and to make the payment to move forward from the commission lawsuits in Canada, which largely mirrored those filed in the US
by Taylor Anderson Feb 26
Matterport Marketing Cloud pushes power of digital twins
With its latest vertical marketing solution, Matterport CEO and Chairman RJ Pittman said the company is 'trying to move the whole world forward'
by Craig C. Rowe Feb 26
New-home sales plunge 10.5%, fall below expectations
Compared to December, new-home sales dropped 10.5% to a seasonally adjusted rate of 657K, according to US Census Bureau data
by Richelle Hammiel Feb 26
The emotional toll of real estate (and why you can’t ignore it)
Your mindset, your habits and your emotional resilience will determine how well you handle the real estate rollercoaster, Aaron Hendon writes
by Aaron Hendon Feb 26