Monthly Archives: February 2023

Nearly two-thirds of brokerage sites aren’t displaying commissions

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Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading →

‘My clients were flabbergasted’: Cool markets heat up ahead of spring

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Low inventory combined with pent-up homebuyers looking to make their dollars go further is already driving up competition this spring, real estate agents told Inman. Continue reading →

A volatile housing market slices at RE/MAX’s Q4 revenues, profits

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RE/MAX Holdings’ total revenue decreased 8.9 percent year over year to $81.3 million during the fourth quarter due to diminished broker fee revenue, a 1.9 percent drop in its North American agent count and costs related to increased recruiting incentiv… Continue reading →

Redfin sees revenue fall, losses mount amid tough market in Q4

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The portal and online brokerage saw revenue fall 25 percent year over year during the fourth quarter of 2022, and lost a total of $61.9 million, according to an earnings call Thursday afternoon. Continue reading →

Richard Hottinger and team return to Douglas Elliman after 7 years

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Hottinger, whose team was previously affiliated with Corcoran, returned to Elliman to gain a firmer foothold in Miami and for development project opportunities, he told Inman exclusively. Continue reading →

Builders still on bumpy ride, but demand may have bottomed out

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New-home starts took a hit in January but remain higher than they were in November. And builders see a path forward to stronger sales, according to a new report from the U.S. Census Bureau. Continue reading →

Keller Williams launches new franchise in Germany

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Keller Williams has opened its first master franchise in Germany, according to an announcement early Thursday. KW Germany will operate out of Berlin and serve Germany’s top seven real estate markets, Keller Williams Worldwide President Bill Soteroff ex… Continue reading →

‘Charge the storm’: What to watch at Keller Williams’ big Family Reunion

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Texas-based franchisor Keller Williams is hosting its annual Family Reunion conference in California Friday through Wednesday. Here are the sessions, speakers and events you can’t miss. Continue reading →

WeWork hits an earnings milestone in Q4 — but remains deep in the red

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The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday. Continue reading →