Tag Archives: Earnings report

CoStar continues defense of Homes.com strategy

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CEO Andy Florance said Homes.com has the winning short- and long-term strategy after revealing that the company kept adding paid members in 2025. Continue reading →

Zillow ignores ‘noise,’ jabs from CoStar, as revenue climbs

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CEO Jeremy Wacksman told Inman the portal is focused on “ourselves and what we can control.” Zillow also said Thursday that 80 percent of home transactions involve one of its products Continue reading →

Offerpad sees declining revenue, but trims losses during Q2

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Offerpad’s revenue declined 36 percent year-over-year to $160.3 million in Q2. However, it’s net losses declined 21 percent to $10.9 million. Continue reading →

Q1 not so bad after all, nCino says in surprise sneak peek at earnings

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In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8 million in restricted stock awards granted to five top executives over the past three years. Continue reading →

Compass grew virtually every metric that matters in Q1

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Despite a slower housing market, the brokerage’s revenue grew 28.7 percent year over year in the first quarter while transactions rose 27.8 percent. Continue reading →

Opendoor saw rising losses in Q4, but managed to boost revenue

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The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as “a leaner, more efficient business.” Continue reading →

EXp Q4 earnings mixed as revenue ticks up but agent count falls

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The virtual brokerage ended 2024 with 82,980 agents — a 5 percent drop compared to the previous year, according to Q4 earnings data. EXp also posted $1.1 billion in revenue in the final three months of last year. Continue reading →

Reffkin knocks NAR, says rules ‘prop up’ inexperienced agents

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The Compass CEO said that NAR’s rules have held back top agents and brokerages. But Robert Reffkin also believes that as those rules end, big brokerages like his will pull further ahead. Continue reading →

Compass grows revenue and agent count, market share tops 5%

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The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025. Continue reading →

New customers and layoffs help Blend approach profitability

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In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Continue reading →