Fathom sells Dagley Insurance subsidiary back to founder

The sales proceeds of $15 million will strengthen the company’s financial position and support growth initiatives, Fathom Realty parent company said Monday of its latest move to shore up finances. Continue reading

Matterport trimmed losses in the months before CoStar purchase

The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading

Matterport trimmed losses in the months before CoStar purchase

The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading

NAR commission settlement rules will go into effect in August

The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected. Continue reading

Mortgage tech provider Blend gets $150M private equity cash injection

The struggling loan technology provider will use an influx of cash from Haveli Investments to pay off the debt it took on to get into the title insurance business by acquiring Title365 in 2021. Continue reading

EXp Realty promotes Kendall Bonner to VP of industry relations

A year after moving from RE/MAX to eXp Realty, Kendall Bonner has been chosen to lead the brokerage’s industry relations efforts. Bonner is also the leader of The Kendall Bonner Team in Tampa. Continue reading

EXp eyes growth with leadership team shuffle

The company has promoted Amy Weaver to serve as a senior vice president over U.S. growth. The promotion comes in the wake of C-suite shakeups at the brokerage. Continue reading

The good, bad and ugly: Rating the media’s commission coverage

After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows. Continue reading

CoStar Group tallies Q1 revenue growth on success of Homes.com

The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net … Continue reading

UHM revamps leadership team to support growing national footprint

Ohio-based Union Home Mortgage boosted its market share by acquiring Amerifirst Home Mortgage. Now it’s got a new divisional leadership structure to support its “rapidly expanding, nationwide footprint.” Continue reading