Tag Archives: q2 2024 earnings

Gains and losses amid market shifts: Q2 2024 earnings

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The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who’s up and who’s down. Continue reading →

Fathom says revenue sharing will help it recruit new agents

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After growing its agent count by 12 percent to 12,224, the flat-fee brokerage says it’s poised for continued growth with new commission plans that pay agents a percentage of revenue generated by the agents they recruit. Continue reading →

Investors bullish on Blend on Q2 earnings and revenue beat

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Cloud banking software provider maintains steady growth in consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders. Continue reading →

Expedia adjusts H2 projections despite revenue growth

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Expedia Group met the high end of its earnings expectations for the second quarter of 2024, despite a challenging macro environment and softening travel demand, according to an earnings report released Thursday. Continue reading →

Investors aren’t ready to buy in to Better’s comeback story

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Digital mortgage lender boosted second quarter loan production by 45 percent and says it’s on track to originate more than $1 billion in mortgages in Q3 for the first time in two years, but losses continue to mount. Continue reading →

RE/MAX agent count drops as revenue falls for 8 straight quarters

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Franchisor reported its U.S. agent count fell 6.3 percent during the second quarter as revenue fell 4.8 percent compared to a year earlier, according to its earnings report. Continue reading →

Realtor.com revenue drops 2% as traffic, lead volume remain flat

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Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2 percent yearly to $143 million as traffic to the site stalls at 74 million average monthly unique visitors. Continue reading →

Douglas Elliman sees revenue tick up in Q2 2024

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The company’s improved financial results no doubt came as a sigh of relief, as Elliman faced increasing pressure from shareholders in recent months because of its shaky performance over the past few quarters. Continue reading →

Zillow Q2 revenue exceeds expectations, grows 13% to $572M

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Better-than-expected residential segment results bolstered Seattle-based portal Zillow’s Q2 performance, which saw growing revenues and slimming losses as they zero in on creating a ‘fully-integrated’ homebuying experience. Continue reading →