Despite unease, Compass poised to retain most Anywhere agents
Compass agents are thrilled. Anywhere agents have concerns — but few are looking to jump ship, Inman Intel has found. Continue reading
Compass agents are thrilled. Anywhere agents have concerns — but few are looking to jump ship, Inman Intel has found. Continue reading
Despite hitting third-quarter records on several key metrics, Compass also faced substantial losses during this earnings season, largely due to the Anywhere transaction. CEO Robert Reffkin provided some clarity on that, and shared recent wins with AI. Continue reading
RE/MAX has purchased Compass’s Chicago North Shore office locations, Inman learned on Wednesday. Compass offloaded the brick-and-mortar locations as a result of its $444 million acquisition of @properties Christie’s International Real Estate, which clo… Continue reading
RE/MAX’s total agent count grew 2.5 percent from a year ago, to 147,073. But a growing proportion of those agents work outside of the franchisor’s main markets, the U.S. and Canada. Continue reading
Despite a slower housing market, the brokerage’s revenue grew 28.7 percent year over year in the first quarter while transactions rose 27.8 percent. Continue reading
Revenue fell to $74.5 million, down from $78.3 million a year earlier, marking the 11th-straight quarter of decline, according to financial results posted by RE/MAX Thursday after the markets closed. Continue reading
Austin James Realty’s team is heading to Keller Williams Coastal Virginia Chesapeake, executives announced Thursday. In 2024, the team inked 117 transactions totaling $36.1 million in sales. Continue reading
The Real Brokerage brought in more than 10,000 new agents in 2024 while surpassing a $1 billion in annual revenue, according to fourth-quarter and fiscal-year earnings Thursday. Continue reading
A drop in expenses was enough to offset falling revenue from franchise fees and annual dues that make up about 70 percent of RE/MAX’s revenue, the company said on Thursday. Continue reading
The virtual brokerage ended 2024 with 82,980 agents — a 5 percent drop compared to the previous year, according to Q4 earnings data. EXp also posted $1.1 billion in revenue in the final three months of last year. Continue reading