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
The global brokerage posted $32B in transaction volume last year, with the Americas market increasing production by 38.4%
Opinion
The iBuyer market share and transaction volumes isn’t a failure of the model, but rather a result of it
As states reopen, and the housing industry remains a solid place for consumers to invest, data from Homesnap indicates that 2020 may finish stronger than expected
New open home sale transaction volume declined by as much as 50% in April, according to Realogy CEO Ryan Schneider.
The holding company posted $1.1B in revenue in Q1, a decrease of 9% from the previous quarter
Agents affiliated with the Sotheby's International Realty brand closed $112B in transactions in 2018
The virtual brokerage closed approximately $6.2B in transactions in the third quarter of 2018
Although the company reported overall increases in sales and revenue, NRT took a hit from the soft market and agent poaching