EXp posts revenue uptick in Q4 — but not enough to turn a profit

The company best-known for its virtual brokerage brought in $983 million in revenue between October and December, even as a difficult market took a toll, according to Q4 earnings released Thursday. Continue reading

Zillow revenue rises in Q4 as Barton touts portal’s ‘household name’

Despite a slower market, Zillow saw revenue from its residential, rental and mortgage business rise in the fourth quarter of 2023, according to an earnings call Tuesday. Continue reading

AI will be huge, is like ‘having a summer intern’

OpenAI’s Adam Goldberg argued at Inman Connect New York that the most important skill for using AI effectively is “clarity of thought.” Continue reading

Inventory problems to stick around for a ‘very long time’

Shant Banosian of Guaranteed Rate told Inman Connect New York attendees Thursday that a seller’s market is likely to persist for years. Continue reading

Agents should do what they’re good at, delegate the rest

Jill Biggs and Sean Soderstrom argued Wednesday at Inman Connect New York that leaders have to learn to find their specialties — and to delegate. Continue reading

Umansky says industry is in ‘trouble’ as he debuts NAR rival

The founder of The Agency is part of a team launching the American Real Estate Association as NAR continues to face criticism and legal trouble. Continue reading

You won’t believe how different these foreign markets are

Canada has shorter mortgage terms, which are now forcing people to move. Meanwhile in Australia, most buyers don’t even use agents. Continue reading

Nexthome CEO: Make buyers’ agent agreements a priority

James Dwiggins argued at Inman Connect New York that commission lawsuits and pressure from the feds is going to bring about change in the real estate industry. Continue reading

Ryan Serhant: Real estate has a big problem with chasing trends

The star broker said at Inman Connect New York Tuesday that the industry hasn’t fundamentally improved enough, which makes him fear the past’s mistakes will be repeated. Continue reading