Airbnb profit falls in Q3 despite growth in supply and demand

Travelers spent $20.1 billion on Airbnb in Q3, a 10 percent increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits. Continue reading

The Real Brokerage posts revenue gain as recruitment soars in Q3

The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million. Continue reading

The Q3 calls to watch closely as real estate’s ‘Super Thursday’ unfolds

Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation’s largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025. Continue reading

Real estate tycoon sentenced to death in Vietnam appeals sentence

Accused of embezzling as much as $27 billion alongside her husband and other accomplices, Truong My Lan told the court on Monday that her sentence is “too expensive to pay” and “too severe.” Continue reading

First-time homebuyers fell further behind this year, NAR says

The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report. Continue reading

Judge rules in favor of Serhant over KW Black Label in recruitment suit

Pennsylvania judge Paula Patrick ruled against Keller Williams BlackLabel and in favor of Serhant, whose eponymously named brokerage expanded into Philadelphia’s luxury market in 2023. Continue reading

Howard Hanna expands with acquisitions in Ohio, South Carolina

Country’s largest family-owned brokerage adds new partnerships in Dayton, Ohio, and Hilton Head, South Carolina. Big Hill and The Alliance Group Realty joined Howard Hanna this week Continue reading

EXp Realty updates agent revenue share model amid recruitment bid

Starting Nov. 1, eXp agents will have access to new revenue streams, especially those who reach the virtual brokerage’s ICON status, eXp World Holdings CEO Glenn Sanford said at eXpcon Miami. Continue reading

EXp Realty’s $34M settlement is a ‘sweetheart deal’: Gibson plaintiffs

Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a “reverse auction” should compel the brokerage to return to the bargaining table. Continue reading

Meet the stubborn homeseller dead set on making his FSBO work

Robert Kramer listed his home for sale without using an agent three years ago. The price is $200,000 above some estimates. He raises it $3,600 every month and is still waiting for the right buyer. Continue reading