Anywhere’s revenue remains flat during Q2 at $1.7B

The franchisor’s revenue remained flat year over year as it had to make significant payments during the quarter to address the commission lawsuit settlement and a 1999 tax matter. CEO Ryan Schneider expressed confidence in the company’s ability to navi… Continue reading

August is Technology and Innovation Month here at Inman

Starting at Inman Connect Las Vegas with the Innovator Awards, join us in celebrating the brightest minds pushing the real estate industry forward all month long. Continue reading

Revenue rose and agent loss slowed for eXp Realty in Q2

EXp World Holdings revenue grew 5 percent year over year to $1.295 million during the second quarter of the year. The brokerage’s agent count continued to drop but at a slower rate than previous quarters. Continue reading

Compass posts gains in revenue and agent count in Q2 earnings

Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading

Consumer watchdog holds up new eXp seller contract as model

A new draft seller contract that eXp Realty is distributing to its brokers and agents is largely consistent with a newly issued set of criteria from the Consumer Federation of America, the watchdog group said this week. Continue reading

The CEOs growing their businesses by using in-house systems

CEOs from RealtyONE, HomeSmart and LPT Realty have somehow managed to grow their businesses during this time of transition, largely by listening to their constituents and creating customized solutions, they told ICLV attendees. Continue reading

NAR President Kevin Sears sends message of resilience at ICLV

“I hope — at the end of the day, at the end of the two-year term — to be able to look back and say there was some stability and calm,” Sears told hundreds of ICLV attendees, many of them NAR members. Continue reading

DelPrete ‘secret shopper’ sting reveals agents lose hosts of leads

With the help of a firm employing more than 100 undercover researchers, the real estate tech strategist tested agents at roughly 30 brokerages. They found that more than 1 in 3 inquiries never received a response from the agent. Continue reading