Real estate giants report mixed results in Q3 earnings statements, as market shifts put profitability and growth strategies to the test
A new quarter saw continuing trends for RE/MAX Holdings in decreasing revenue and US agent count, but the franchisor also vastly improved its net income year over year
More than 4M homeowners send their mortgage payments to Mr. Cooper, but it's unclear how many had their data exposed as the company continues to investigate security breach
While transactions fell 15% from 2022, Fathom executives said during a Q3 earnings call Wednesday that its flat fee commission split model helped its agent network grow by 13%
From brokerage companies to portals to lenders and investors, Airbnb to Zillow, we've got the news you can use about the dollars and cents that are driving the real estate economy right now
While others are downsizing, the nation's biggest mortgage lender is investing in new technology and hiring new team members to be prepared if mortgage rates come down and business booms
The New York-based brokerage reported consolidated revenues of $251.5M in Q3, a drop from the third quarter of 2022 when it tallied $272.6M in revenue, according to an earnings call Wednesday
The mortgage and banking tech provider reports a $41.8M Q3 net loss with revenue down 27% from a year ago to $40.59M, but company executives emphasize potential for growth
Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data on Thursday
RE/MAX CEO Adam Contos stressed during a third-quarter earnings call Tuesday that the company's recent investments are beginning to pay off and that it's on firm footing for 2022
The record quarter was largely driven by the company's purchase in July of RE/MAX Integra, a $235M deal that marked the largest franchise acquisition in the brokerage's history
The company's gross booking value surged 97% year over year to $776 million. In response, revenue also hit a record high of $330 million, up 77% year over year
The embattled co-working startup saw revenue increase and its losses improve while All Access memberships rose 60% from the previous quarter
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
Expedia Group's CEO said the short-term rental platform was 'a particular highlight' that helped the company's strong performance during the quarter