NYC-based Real Brokerage’s second-quarter revenue increased 65 percent year over year to $185.3 million. Despite raising fees in the first quarter, its agent count ballooned 105 percent year over year to 11,500, according to an earnings report. Continue reading
“Catching Real right now is like catching a wave,” Kofi Nartey said. He sees the brokerage’s sweeping growth and adoption of technology as the way of the future. Continue reading
The Real Brokerage reported a third quarter net loss of $1.06 million on $39.8 million in revenue as its agents facilitated $1.44 billion in real estate transactions, up 879 percent from a year ago. Continue reading
The company also saw its agent count grow to 2,451, up 126 percent year over year, according to earnings figures released Tuesday. Continue reading
When considering opening his own indie brokerage, industry veteran Jay Thompson realized the only time he went to the office was for a sales meeting or to pick up a check. So why not eliminate the office rent overhead? That’s just what he did. He creat… Continue reading
The flat-fee, virtual brokerage posted a net loss of more than $2.6 million in the first nine months of 2019. Continue reading
The virtual cloud-based real estate brokerage nearly doubled its revenue but still posted a net loss in the second quarter. Continue reading
Former eXp Realty President Vikki Bartholomae is officially joining real estate startup Side as the chief of agent success, the company announced Tuesday. Continue reading
EXp is promoting Mitch Robinson, the current senior vice president of marketing and communications, to the newly created position. Continue reading
Veronica Figueroa, a former Inman Innovator award winner and member of the Real Trends Thousand is taking her 21-person Orlando-based team to eXp Realty from RE/MAX, she confirmed to Inman this week. Continue reading