Tag Archives: Industry News

Matterport trimmed losses in the months before CoStar purchase

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The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading →

Matterport trimmed losses in the months before CoStar purchase

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The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading →

NAR commission settlement rules will go into effect in August

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The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected. Continue reading →

Mortgage tech provider Blend gets $150M private equity cash injection

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The struggling loan technology provider will use an influx of cash from Haveli Investments to pay off the debt it took on to get into the title insurance business by acquiring Title365 in 2021. Continue reading →

EXp Realty promotes Kendall Bonner to VP of industry relations

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A year after moving from RE/MAX to eXp Realty, Kendall Bonner has been chosen to lead the brokerage’s industry relations efforts. Bonner is also the leader of The Kendall Bonner Team in Tampa. Continue reading →

EXp eyes growth with leadership team shuffle

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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 good, bad and ugly: Rating the media’s commission coverage

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After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows. Continue reading →

CoStar Group tallies Q1 revenue growth on success of Homes.com

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The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net … Continue reading →

UHM revamps leadership team to support growing national footprint

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Ohio-based Union Home Mortgage boosted its market share by acquiring Amerifirst Home Mortgage. Now it’s got a new divisional leadership structure to support its “rapidly expanding, nationwide footprint.” Continue reading →

Big Florida real estate brokerage is selling its mortgage division

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First Federal Bank continues expansion of its nationwide mortgage lending operations with deal to acquire Watson Mortgage Corp. and investments in digital solutions. Continue reading →