Douglas Elliman’s revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its third earnings report as a public company. Continue reading
Scott Wright of Real Trends Consulting told an audience at Inman Connect Las Vegas on Thursday that acquiring a brokerage is a lot like recruiting agents. Continue reading
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday. Continue reading
The brokerage’s revenue grew 52 percent annually during the second quarter, reaching $128.2 million, up from $84.2 million, according to an earnings report released Thursday. Continue reading
Redfin reported $606.9 million in second-quarter revenue, a 29 percent increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets. Continue reading
Market headwinds clobbered Keller Williams transaction volume for the third consecutive quarter, according to earnings Thursday. However, sales volume and agent count remained steady. Continue reading
There are ways that brokerages can cut costs during a market slowdown without risking its agent morale, according to brokers at Inman Connect Las Vegas on Thursday. Continue reading
The company’s move into mortgage lending comes on the heels of a $14 million Series A round led by Trulia co-founder Pete Flint’s NFX Ventures. Continue reading
Alongside RE/MAX President and CEO Nick Bailey, Keller Williams President Marc King also hinted Thursday at Inman Connect Las Vegas that KW may not be in a rush to begin selling shares to the public. Continue reading
If you are thinking of opening a new brokerage, there may be a million things on your mind. The Agency’s Chief Strategic Officer, David Walker has five key points to focus on before taking on the challenge. Continue reading