Tag Archives: brokerage

EXp World Holdings hits quarterly revenue record of $157M

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Revenue for eXp World Holdings jumped 153 percent year-over-year to a quarterly record high of $157 million, according to a first-quarter earnings report.  Continue reading →

Why indie brokers should take back the search

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Until recently, regular Inman contributor and indie broker Troy Palmquist thought using a branded app was a luxury. But after a conversation and some research, he’s opened his eyes to the possibility of white-labeled tech and the benefits that far outw… Continue reading →

Florida indie brokerage unveils agent tech platform, plans expansion

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Automated Back End provides agents with automation and collaboration tools, e-signing software and one-click marketing. It is designed to work on all of an agent’s electronic devices. Continue reading →

Redfin beats expectations with $110M revenue in Q1 2019 earnings

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The tech-focused Seattle-based real estate brokerage Redfin reported $110.1 million in revenue, a year-over-year increase of 38 percent and a net loss of $67.2 million in the first quarter of 2019, according to its latest earnings report.  Continue reading →

Redfin unveils plan to cut out buyers’ agents

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Redfin announced Wednesday it has been quietly testing a pilot program in Boston, a revised version of its 2006 service Redfin Direct, that allows consumers to make direct offers on Redfin-listed homes through the company’s website. Continue reading →

Why eXp’s top tech exec joined flat-fee rival Redefy

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Scott Petronis, the newly appointed chief product and technology officer at discount brokerage Redefy believes the consumer is getting overshadowed in the real estate industry. Finding a company that he believes has a greater focus on the consumer is a… Continue reading →

EXp Realty names new co-presidents amid management shuffle

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EXp Realty announced today the promotion of Dave Conord and Stacey Onnen as, co-presidents. In their new roles, Conord will oversee eXp Realty’s growth while Onnen will focus on brokerage operations.  Continue reading →

Don’t believe Keller Williams is a tech company? Think again

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When Gary Keller declared that his company was a technology company, most industry experts thought this was aspirational. Here’s why industry veteran and regular Inman columnist Bernice Ross believes doubters are dead wrong. Continue reading →

Is Compass a tech company or a traditional brokerage?

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The company often refers to itself as a tech company and a tech-enabled brokerage, which is part of the lure of the Compass vision — and the underpinning of its massive $4.4 billion valuation. But is Compass a tech company or a traditional brokerage? F… Continue reading →