CoStar loses National Advertising Division challenge against Move

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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 CoStar said it’s based on outdated data.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

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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’

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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

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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

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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

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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)

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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

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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 →

Realtor.com parent Move sees revenue inch down in Q3

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Move’s overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according to Q3 earnings data released Thursday. Continue reading →