The world's largest franchisor of residential real estate brands posted a profitable quarter for the first time since the 3Q22 despite reporting sagging revenues of $1.7B in line with expectations
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past 6 months and could well define the remainder of 2023
Opinion
The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes
Revenue declined 33% in the fourth quarter of 2022 — and 13% year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment
The company has slashed its workforce by 11% since last June, according to US Securities and Exchange Commission filings. The moves come following months of housing market declines
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down
Opinion
This month, Coldwell Banker CEO M. Ryan Gorman and Opendoor CEO Eric Wu relinquished their chief executive posts. Inman founder Brad Inman envisions a cold winter ahead
Ryan Gorman was a long-time veteran of Coldwell Banker's parent company and has helmed the brokerage for the past three years.
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
Revenue and closed transaction volume both declined 17% year over year despite agent count growth of 7% over the same period, according to a Q3 earnings report issued Thursday morning
Tony Kueh, a former Microsoft manager and 23-year tech veteran, will work alongside COO Melissa McSherry as he oversees the execution of Anywhere's overall product strategy
Opinion
Heads will roll and company valuations will sink so low that new outsiders will opportunistically make big acquisitions, Brad Inman writes. Real estate's Masters of the Universe are on notice
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
Inflation, rising mortgage rates and sinking home sales all contributed to Anywhere's diminished performance in 2Q22 as the company braces for choppier waters ahead
The redesigned space in Madison, New Jersey, dubbed The Madison Hub, emphasizes a collaborative environment with workspaces designed for more interaction with other employees