Author Archives: Patrick Kearns

Zillow Homes could become a $20B biz. What do agents think?

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Projections Thursday that Zillow’s still-young iBuyer program could generate up to $20 billion in annual revenues prompted mixed reactions from agents. Continue reading →

RE/MAX says new agent tech platform will be ‘best to market’

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Real estate franchise giant RE/MAX is getting ready to roll out its proprietary end-to-end real estate technology platform for agents later this year, competing directly with similar offerings from rival franchise Keller Williams and rival private brok… Continue reading →

Zillow thinks its iBuyer will dwarf Premier Agent soon

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Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion. Continue reading →

RE/MAX reports $50.8M in revenue for fourth quarter, beating estimates

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RE/MAX reported $50.8 million revenue in the fourth quarter of 2018, a year-over-year 4.8 percent, according to the company’s Thursday earnings release, beating the consensus estimate of $50.27 million in quarterly revenue Continue reading →

JP & Associates latest brokerage to offer health care to agents

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Texas-based JP & Associates Realtors is the latest real estate company to offer its agents an associated health care plan, the company announced. Continue reading →

Exclusive: NRT CEO blasts Compass in letter to execs

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NRT CEO Ryan Gorman blasted rival brokerage Compass in a letter to NRT leaders obtained by Inman. Gorman’s letter, which accuses Compass of ‘taking advantage’ of agents, includes a number of questions he has regarding Compass’ growth and recruitment an… Continue reading →

‘You don’t need a compass to find us’: NRT exec on tech disruption

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Kate Rossi, an executive vice president with Coldwell Banker NRT, has a long history with the real estate industry that started in sales. Continue reading →

Builder confidence rises amid low interest rates: NAHB index

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Builder confidence climbed for the second straight month, according to data from the National Association of Home Builders and Wells Fargo. Continue reading →

Keller Williams announces 3 new international markets

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Keller Williams expanded its franchise operations to Ireland and will soon launch in Chile and Italy, the company announced at its annual Keller Williams Family Reunion event in New Orleans. Continue reading →