Tag Archives: brokerage

Wendy Davis joins Coldwell Banker Realty as branch manager

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Davis and her team, the Wendy Davis Group, join the firm from eXp Realty. Davis will manage operations at Coldwell Banker Realty’s Sherman Oaks and Studio City offices. 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 →

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 →

Airbnb profit falls in Q3 despite growth in supply and demand

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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 →

Weichert follows eXp Realty’s lead in settling commission lawsuits

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Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit. Continue reading →

Howard Lorber disclosed broker relationships in board investigation

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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 →