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

Airbnb profit falls in Q3 despite growth in supply and demand

Travelers spent $20.1 billion on Airbnb in Q3, a 10 percent increase compared to a year ago, according to earnings results Thursday. Still, a spike in expenses as it seeks to grow overseas cut into profits. Continue reading

Howard Lorber disclosed broker relationships in board investigation

In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen. Continue reading

The Real Brokerage posts revenue gain as recruitment soars in Q3

The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million. Continue reading

The Q3 calls to watch closely as real estate’s ‘Super Thursday’ unfolds

Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation’s largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025. Continue reading

10, 9, 8, 7… Happy 2025! Get a head start on your luxury business goals

Don’t wait until New Year’s to begin setting the table for 2025 success. Luxury expert Kofi Nartey offers strategies to implement starting today. Continue reading

How to build a high-performing, interdependent real estate team

A truly cohesive real estate team, luxury consultant Chris Pollinger writes, can sustain long-term success while trusting, supporting and empowering each other. Continue reading

The art of team selection: 10 tips for finding the right showing agent

Showing homes is a time-consuming, yet vital, part of the buying process. Coach Verl Workman shares how outsourcing the task can benefit your team. Continue reading

Real estate tycoon sentenced to death in Vietnam appeals sentence

Accused of embezzling as much as $27 billion alongside her husband and other accomplices, Truong My Lan told the court on Monday that her sentence is “too expensive to pay” and “too severe.” Continue reading

Building a company culture where little things make a big difference

While metrics and KPIs reflect your company’s performance, Leah McDonough writes, it’s feeling valued and appreciated that defines company culture. Continue reading