In earnings twist, most real estate companies avoided the worst in Q2

Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin. Continue reading

‘Consolidation is a natural maturation of this industry’: Bauer

Jason Gesing, York Baur, Sara Bonert and Greg Robertson gathered on the Inman Connect stage in Las Vegas to work through their issues with industry consolidation in the technology sector. Continue reading

Is ‘shift’ the new ‘pivot’? 5 ways to generate listings in a rocky market

For agents looking to change their listing generation strategy in a shifting market, top agents Jonathan Spears and Lauren Rosin shared their tips at Inman Connect Las Vegas on Wednesday. Continue reading

Redfin CEO: Market correction is ‘sharper’, ‘faster’ than expected

Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading

EXp World Holdings tallies double-digit growth in profit, revenue in Q2

The real estate company’s revenue increased 42 percent annually to $1.4 billion, and its gross profits increase 34 percent compared to the second quarter of 2021, according to a Q2 earnings report Wednesday. Continue reading

A pivotal earning season is beginning. Here’s what to know

Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas. Continue reading

Christie’s International Real Estate expands to Japan

The move comes less than a year after Chicago-based brokerage @properties bought Christie’s and amid a period of globalization for American brands. Continue reading

Will the Fed kill crypto? Real estate agents plot future of blockchain

Ahead of Inman Connect Las Vegas, Teresa Grobecker of Grobecker Holland International and Kevin Cottrell of eXp Realty discuss efforts to standardize the blockchain’s role in home sales. Continue reading

What’s giving eXp the edge right now? Mike DelPrete

As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies, says industry data expert Mike DelPrete. Continue reading