Vrbo parent Expedia Group reports strong Q3 amid leadership changes

Expedia’s net income for Q3 was $684 million, with adjusted net income of $809 million — significant improvements compared to Q2 2024, when net income was $386 million and adjusted income was $469 million. Continue reading

CoStar loses National Advertising Division challenge against Move

The National Advertising Division on Friday denied CoStar’s challenge to Realtor.com’s “No. 1 site real estate professionals trust” tagline. CoStar said it’s based on outdated data. NAD disagreed. Continue reading

Fathom Holdings’ revenue drops 10% as market challenges linger

The company’s Q3 revenue clocked in at $83.7 million while net losses rose to $8.1 million as Fathom faced an uncertain market and dealt with expenses related to a $3 million NAR settlement contingency. Continue reading

Lesson Learned: Say ‘yes’ to opportunity, then figure out ‘how’

Learn how New York City agent Limor Nesher found out that developing your skills in response to new opportunities can help you become an expert. Continue reading

Opendoor lays off 300 workers after posting $78M Q3 loss

The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14 percent from Q2 and 26 percent from a year ago. Continue reading

EXp posts modest revenue gain, reaching $1.2B in 3rd quarter

The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading

Broker Spotlight: Calah Andelman and Kaala House

Find out how these broker besties are building a market presence in Bentonville and why “many of [their] all-time best days happened in real estate.” Continue reading

Surprises, setbacks and shifts: Q3 2024 earnings (thus far)

Third-quarter earnings reveal a varied performance across real estate, with standout gains in recruitment for The Real Brokerage and mortgage growth for Zillow, while others like Offerpad and RE/MAX face ongoing challenges amid shifting market conditions. Continue reading

Revenue grows and losses widen for Redfin in Q3

Seattle-based brokerage and portal Redfin’s third-quarter revenue grew 3 percent year over year to $278 million. However, the company’s net losses ballooned 77.8 percent, according to Thursday’s earnings. Continue reading