Here’s who sank and who soared in Q1 2024 earnings

Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. Continue reading

Buyers seek surprise injunction to halt commission suit settlements

The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements. Continue reading

Anywhere’s revenue holds steady in Q1 amid ‘tough’ housing market

Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call. Continue reading

Recruiting War ’24: For brokerages, headhunt pivots to cream of crop

Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to “the better and best agents.” Continue reading

Judges decline to ‘centralize’ commission lawsuits for now

A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading

Recruiting War ’24: Agents field new offers constantly, Intel finds

A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it’s now an unavoidable aspect of the job. Continue reading

T3 Sixty nixes this year’s Mega 1000 list in wake of NAR settlement

The move comes two weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved. Continue reading

Howard Hanna dismissed from mother of all commission suits

Howard Hanna had been one of several defendants in a case known as Batton 2, which was brought by homebuyers and has a much larger scope than some better-known cases. Continue reading

C21’s Mike Miedler speaks on the power of a ‘to-don’t’ list

The real estate conference season is heating up, as multiple real estate brands descend on Las Vegas to rally agents and brokers for what will undoubtedly be another challenging year. Century 21 is the latest brokerage to roll the dice in Sin City, wit… Continue reading

The biggest wins, losses and news from Q4 2023 earnings

Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10 billion year, we’ve rounded up the top stories all in one place. Here’s what you might have missed. Continue reading