Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it? Continue reading
Anywhere Real Estate reported revenue of $1.6 billion and a profit of $129 million for the third quarter, ending with $151 million in cash and cash equivalents. Continue reading
This year’s event, which will focus on the theme of storytelling, will highlight how agents can leverage AI, storytelling, best recruitment practices and more to grow their businesses. Continue reading
The company is halfway to its goal of delivering $200 million in savings by the end of the year, according to its July 25 earnings report. Continue reading
The world’s largest franchisor of residential real estate brands posted a profitable quarter for the first time since the 3Q22 despite reporting sagging revenues of $1.7 billion in line with expectations. Continue reading
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading
The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes. Continue reading
Revenue declined 33 percent in the fourth quarter of 2022 — and 13 percent year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment. Continue reading
The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading