From Zillow’s return to profit to CoStar’s continued growth, Q1 earnings reveal how companies are adapting — and competing — in a shifting market
Revenue fell to $74.5M, down from $78.3M a year earlier, marking the 11th-straight quarter of decline, according to financial results posted by RE/MAX Thursday after the markets closed
Companies doubling down on rentals, AI and streamlined operations pulled ahead, while others struggled with agent attrition and slowing sales
A drop in expenses was enough to offset falling revenue from franchise fees and annual dues that make up about 70% of RE/MAX's revenue, the company said on Thursday
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
Franchisor reported its US agent count fell 6.3% during the second quarter as revenue fell 4.8% compared to a year earlier, according to its earnings report
RE/MAX Holdings' total revenue decreased 8.9% year over year to $81.3M during Q4 due to diminished broker fee revenue, a 1.9% drop in its NA agent count and costs related to increased recruiting incentives. However, the franchisor remains bullish
RE/MAX Holdings reported rising revenues and profits despite difficulty in growing its agent count in the United States, according to Q4 and year-end results released Wednesday
The acquisition of RE/MAX Integra North America and growth of its AI-app First led RE/MAX to a strong second quarter, according to a Thursday post-earnings call
RE/MAX's Friday earnings call focused on the company's 2021 trajectory, with Motto Mortgage, booj and other tech investments powering growth, according to the company
RE/MAX 's Q3 2020 total revenue declined 0.7% annually to $71.1M as the company bounces back from a decline in dues and franchise fees
RE/MAX reported earnings of $70.3M in revenue for the first quarter, and despite market uncertainties, CEO Adam Contos remains hopeful for the future
The franchisor announces its 2016 full year and fourth quarter earnings