Opendoor bounces back in first quarter after pandemic-driven downturn

The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic strength. Continue reading

Keller Williams sees rising agent count, sales volume amid hot market in Q1

KW agents closed 272,688 transactions and did $98.1 billion in volume between January and March. The company also now has 180,376 agents across the world. What other insights into the company’s fortunes does the report reveal? Continue reading

RE/MAX sees small revenue bump, but adds lots of agents in Q1

RE/MAX announced Thursday that it saw a modest increase in revenues during the first quarter of 2021, and that it also added more than 8,000 agents between January and March — more than during any quarter in the last decade. The new numbers, published … Continue reading

Douglas Elliman’s revenue and profit soar in first quarter

The company also saw its sales volume climb to $10.1 billion in the first quarter of 2021, up 71 percent compared to the same period in 2020. Continue reading

Redfin reports $268M in revenue in first quarter, 40% jump over same period last year

CEO Glenn Kelman said Wednesday that the company is “just about hitting on all cylinders” after hiring more agents and lenders in the second half of 2020. Continue reading

Costar revenue jumps 17% with help from new addition Homesnap

The company raked in $458 million during the first quarter of the year. It also said that Homesnap, which is bought in 2020, performed well. Continue reading

Zillow’s iBuyer sends revenue soaring in Q4, beats expectations

The company’s revenue jumped 158 percent year-over-year during the final months of 2019 — far more than analysts had expected. Continue reading