RE/MAX hangs onto slim profit in Q3 amid housing downturn
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
by Daniel Houston Nov 3
3 trends poised to disrupt the real estate landscape
Opinion
From blockchain to proptech, and everything in between, there's always something new on the real estate horizon. Here are the trends that are currently changing the game
Rental investing platform Mynd sees opportunity outside Sun Belt
Single-family rental investor platform expands to Indianapolis, Jacksonville and Nashville, bringing total footprint to 25 markets, reflecting a subtle change in company strategy
by Taylor Anderson May 5
Move Inc. sees revenue uptick fueled by lead gen and referral businesses
Realtor.com parent Move Inc.'s revenue rose 9% year over year, which was less than the gains the company saw during the previous two quarters, according to an earnings call Thursday
by Jim Dalrymple II Feb 3
Can eXp Realty maintain rapid, sustainable growth in 2022?
There's no doubt that eXp has been on a hot streak, but that doesn't mean the brokerage lacks challenges to consider as it looks to 2022, including scaling operations through rapid growth
by Lillian Dickerson Dec 29
RE/MAX CEO: Balanced housing market, seasonal norms will return
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
by Lillian Dickerson Nov 23
RE/MAX delivers record Q3 revenue amid RE/MAX Integra acquisition
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
by Lillian Dickerson Nov 22
Offerpad sees surging growth in Q3 across revenue, profits, homes sold
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
by Lillian Dickerson Nov 10
Realogy's Q3 earnings defy expectations with $2.2B in revenue
Realogy reported a revenue increase of 15 percent year over year while recording a net income of $114 million, it was announced Thursday during an earnings call
by Lillian Dickerson Oct 28
Airbnb faces Q1 loss of $1B
Despite continuing to suffer losses in the wake of the pandemic, Airbnb's CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand.
by Lillian Dickerson May 14
RE/MAX predicts banner year with tech, mortgage investments
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
by Marian McPherson May 7
Continuing to ride housing boom, Realogy posts its strongest Q1 ever
In an earnings report released Thursday, the company reported first-quarter net income of $33 million after losing money in the same quarter a year earlier. Mortgage and title played a growing role, and the company says it plans to accelerate its iBuyer program
by Marian McPherson Apr 29
What to watch for as Compass goes public: an Inman guide
After years of speculation, Compass' initial public offering is set for Thursday. Here's how it's likely to unfold, and what to watch for as it does
by Marian McPherson Mar 31
Just how impressive is Compass' $3.7B 2020 revenue?
The company revealed yearly revenue numbers that would make most real estate companies green with envy. But not top rival Realogy
by Patrick Kearns Mar 4
Compass S-1 filing reveals $3.7B in revenue in 2020
The company also posted a net loss of $270.2M in 2020, according to the filing
by Patrick Kearns Mar 1