Matterport exec alleges she was fired for raising business concerns
Former sales executive Vinatha Kutagula filed a lawsuit in California alleging 'she was pushed out of the company because she raised concerns about illegal and unethical practices'
by Taylor Anderson Aug 7
Real Brokerage sees new highs in revenue, gross profit during Q2
The cloud-based brokerage saw surprisingly positive Q2 earnings results during a tough market. Chairman and CEO Tamir Poleg said the results were a testament to the firm's model
politics, capital, washington, DC,
Opinion
Choose not to be offended. Have conflict resolution strategies in place. Stay calm, acknowledge the difference in opinions, and move on to other topics, Keller Williams’ Julia Lashay Israel writes
LoanDepot boosts revenue, sells servicing to restructure debt
Pending $25M settlement of January cyberattack adds to $66M Q2 net loss, but executives say they're in a better position to grow after selling $29B in mortgage servicing rights
by Matt Carter Aug 6
A piece of chocolate cake being removed from the whole
The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead
UWM shares at 3-year high on prospect of refi 'mini boom'
In Q2 earnings, the nation's largest mortgage lender posted a healthy $76M profit, paid down debt and said it's in prime position to capitalize and grow as mortgage rates drop to 2024 lows
by Matt Carter Aug 6
Matterport revenue grows, losses improve during Q2
Total revenue grew to $42.2M during Q2 2024, up from $39.6M the previous year, as the company worked to increase its market share
Redfin sees Q2 revenue rise, while losses remain nearly flat
The company's earnings report saw revenue climb 7% to $295.2M between April and June, but it also lost $27.9M — just a hair above its Q2 2023 loss
by Jim Dalrymple II Aug 6
Travelers spent $21.2B booking through Airbnb last quarter
The leading short-term rental platform told investors that its share of revenue grew by 11% to $2.75B in Q2. Travelers made 125.1M total bookings in 3 months
by Taylor Anderson Aug 6
10 top takeaways from Inman Connect Las Vegas
These Inman Connect Las Vegas panels highlighted the immense value of community and collaboration in driving our industry forward, Inside Real Estate's Stacey Soleil writes
by Stacey Soleil Aug 6
Maui reaches $4B settlement as wildfire anniversary nears
More than 10K plaintiffs, including homeowners and businesses, have reached a $4B settlement that comes less than a year after a devastating wildfire on the Hawaiian island
by Richelle Hammiel Aug 6
Investment firm loses former Trump hotel to foreclosure auction
Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375M with a $285M loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt
NAR settlement still an enigma for some ahead of big Aug. 17 deadline
Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than 2 weeks
Lesson Learned: Continually seek opportunities for improvement
Find out how Orlando-based Premier Sotheby's International Realty agent and Miss Florida USA, Peyton Lewis, focuses on self-awareness, growth and goals to meet challenges head on
by Dani Vanderboegh Aug 6
Is student housing the right investment strategy for you?
Thinking about student housing as a multifamily strategy? MZ Capital Partners’ Michael H. Zaransky, who wrote a book on investing in student housing, shares the pros and cons to consider
by Michael Zaransky Aug 6