Tag Archives: brokerage

Redfin beats expectations, posts $239M in revenue for Q3 2019

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The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading →

Redfin beats expectations, posts $239M in revenue for Q3 2019

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Comments Off on Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading →

EXp World Holdings posts major revenue gain, losses narrow

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EXp World Holdings, the parent company of virtual cloud real estate brokerage eXp Realty, continued its precipitous growth in the third quarter of 2019, posting $282 million in revenue, a year-over-year growth of nearly 80 percent. Continue reading →

Redfin CEO doubles down on support for pocket listing ban

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In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban. Continue reading →

Zillow: Our iBuyer offers are nearly the same as traditional offers

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A year and a half after Zillow began buying houses with cash, the online real estate giant says that its instant iBuyer offers are nearly the same as what sellers can get on the open market. Continue reading →

Compass makes major changes to its stock option program

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Compass is shifting from offering equity stock options to restricted stock units, which are often viewed as a way for companies to keep talent they recruit. Continue reading →

Bright MLS: Pocket listing ban won’t hurt discount brokerages

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Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday the rule will still let discount brokerages customize commission offers. Continue reading →

Compass goes global with India tech hub, adds Amazon veteran

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The well-funded brokerage is opening a tech hub in Hyderbad’s HITEC City and plans to add 200 jobs in product and engineering. Continue reading →