Zillow turns a profit in Q1 as housing market gets ‘choppy’

The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days. Continue reading

RE/MAX revenue jumps in Q1 thanks to rising home prices

The company turned a profit during the first quarter of the year, though its agent count only ticked upward modestly, according to earnings released Thursday. Continue reading

RE/MAX in 2022: Modernizing the franchise model, teams and more

Creating a robust teams structure, filtering out industry noise and innovating the franchise model are all challenges RE/MAX faces in 2022. Continue reading

WeWork tallies revenue increase in first earnings as a public company

The embattled co-working startup saw revenue increase and its losses improve while All Access memberships rose 60 percent from the previous quarter. Continue reading

Seasonality is back, iBuying is alive, and other big earnings takeaways

This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy. Continue reading

Compass sees both revenue and losses rise in 3rd quarter

The brokerage brought in $1.74 billion between July and September, but also lost $100 million — way up from both last year and one quarter earlier. Continue reading

Keller Williams sees transactions dip, volume rise in Q3 — but no word on IPO

The company’s latest earnings report reveals that the coronavirus pandemic is still impacting the housing market. Continue reading

Zillow sees revenue tick up as tension mounts over iBuyer fallout

The popular portal raked in $1.7 billion during the third quarter of 2021, though it also lost $328 million — much of it from iBuying. Continue reading

Realogy’s Q3 earnings defy expectations with $2.2B in revenue

Realogy reported a revenue increase of 15 percent year over year while recording a net income of $114 million, it was announced Thursday. Continue reading

CoStar revenue rises to new heights in latest earnings report

The company pulled in $499 million in revenue during the third quarter of this year. That’s a 17 percent jump compared to last year at the same time. Continue reading