EXp maintains profitability as revenue declines 2% to $1.2B

EXp World Holdings’ revenue declined 2 percent annually to $1.2 billion in the third quarter, according to a call on Thursday. The company held onto its profitability, with net income reaching $1.4 million. Continue reading

RE/MAX sees revenue decline for 5th consecutive quarter

Amidst challenging market conditions, the real estate franchisor’s total revenue was down 8.7 percent year over year to $81.2 million, coming just shy of analysts’ expectations. The company also suffered a net loss of $59.5 million. Continue reading

Redfin posts profitable Q3 despite another quarter of falling revenue

The company posted profits of $98.3 million, up 8 percent from the third quarter of 2022, while tallying $269 million in revenue, a decrease of 12 percent from a year ago, according to third-quarter earnings Thursday. Continue reading

Broker Spotlight: Joy Vance of The Agency Bozeman | Big Sky

Find out how this Big Sky brokerage leader prioritizes her team, collaboration and pursuing new development opportunities in her beloved Montana. Continue reading

Mauricio Umansky faces his last dance on ‘Dancing With the Stars’

Despite being praised as “matadorable” weeks before by a judge, the luxury CEO’s performance of the Argentine tango on Halloween was not strong enough to get him the combined judges and audience scores needed to survive the competition. Continue reading

For some sellers, cash offers can actually be a tool for listing agents

Offerpad’s agent partnership program gives agents another tool when making listing presentations, and pays them a 3 percent referral fee when their client accepts an offer from the iBuyer. Continue reading

‘Engage, work, share’ to recruit and retain top talent

In this Inman Connect panel, Kymber Lovett-Menkiti speaks with business leaders about attracting and keeping the best of the best in 2024 by establishing a value proposition, creating exposure and cultivating culture. Continue reading

‘A new age’: Brad Inman, panelists unpack the Sitzer | Burnett verdict

During a live session Wednesday at virtual Connect, Brad Inman moderated a panel with Russ Cofano and Kendall Bonner on what lies ahead for agents as the commission model is upended. Continue reading

‘A great career, not a great year’: 3 brokerage leaders play long game

In their session at Inman Connect virtual, these 3 brokerage leaders discussed how they’ve worked to carve out a central place in the communities they serve. Continue reading