Author Archives: Patrick Kearns

Realogy has hit pause on big acquisitions. That could change

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Since scooping up Climb Real Estate in 2016, the company has moved away from brokerage acquisitions. But Realogy CEO Ryan Schneider revealed how that all might change. Continue reading →

Realogy’s revenue declines, earnings fall in line with consensus

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Realogy posted $1.1 billion in revenue in the second quarter of 2019, a decline of 9 percent from the first quarter due largely to lower transaction volume at its own-side real estate brokerage NRT.  Continue reading →

8z Real Estate is latest brokerage to jump into the iBuyer business

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Colorado-based real estate brokerage 8z Real Estate is the latest to offer a direct-to-consumer home buying and selling platform, known as an “iBuyer.” Continue reading →

Realtor.com and Opcity test cash rewards for buyers

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The specific dollar amount that a consumer receives is based on a sliding scale. If the property is worth $150,000, the consumer will get back roughly $400, but on a $4 million property, the consumer gets back around $12,000 according to Johnson. Continue reading →

Top Keller Williams earners push to end profit sharing for defectors

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Keller Williams is mulling significant changes to its profit share model by removing associates from the lifelong revenue program when they jump to a competitor. Continue reading →

Marriott to launch short-term rental platform to stave off Airbnb

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Marriott is reportedly launching a home rental service to take aim at Airbnb, HomeAway and other short-term rental companies as more consumers shrug off traditional hotels. Continue reading →

Zillow Offers opens Southwest hub, plans to add 160 new jobs

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Zillow’s cut the ribbon Wednesday on a new southwest hub that will serve as the operations center for its year-old Zillow Offers platform. Continue reading →

Coldwell Banker Bain ‘unleashes’ brand and tech refresh

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Coldwell Banker Bain announced on Wednesday a full organizational change to support its agents with new technology, marketing and branding. Continue reading →