Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. Continue reading
The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780. Continue reading
Michael Bjorkman wants more than $20 million. He says founder Glenn Sanford defamed him when discussing ‘bad actors’ and jail time on an earnings call. Continue reading
The company has promoted Amy Weaver to serve as a senior vice president over U.S. growth. The promotion comes in the wake of C-suite shakeups at the brokerage. Continue reading
The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out. Continue reading
Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to “the better and best agents.” Continue reading
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it’s now an unavoidable aspect of the job. Continue reading
Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading
Judge finds four agents have plausibly alleged that eXp Realty founder and CEO Glenn Sanford attempted a “cover up” of alleged rapes by top agent recruiters in order to financially benefit. Continue reading