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

EXp hires new execs including former Remine CEO, cofounder

The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services. Continue reading

Collabra Technology debuts real estate marketing platform RElumio

RElumio is available through partnerships with MLSs and Realtor associations, designed to make it easy for agents to share marketing materials. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading

Inman Connect returns: Big parties, tech’s reckoning and a Zillow pile-on

The event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving. Continue reading

EXp hits 80K agents, anticipates surpassing 100K by end of the year

As the online real estate brokerage surpassed 80K agents on Wednesday, Glenn Sanford also said at Inman Connect New York that Zillow is a competitor of companies like his. Continue reading

As supply dwindled, nation’s biggest brokerages gained market share

The biggest real estate brokerages and franchise networks made big gains in market share in 2021, a new report reveals. Continue reading

Real estate in 2021 was weird, wild and always unpredictable

The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading

Grant Cardone: Real estate is in ‘a super cycle of super cycles’

Financial guru and real estate investor Grant Cardone described the current real estate market as experiencing a “super cycle” onstage Thursday at eXp Realty’s Las Vegas gathering EXPCON. He also said that “real inflation” hasn’t arrived but is coming. 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