The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million. Continue reading
Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation’s largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025. Continue reading
In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Continue reading
Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal’s mortgage business hit $39 million, a 63 percent increase from 2023. Continue reading
Beleaguered lender ekes out $2.67 million third quarter profit, with loan originations up 9 percent from a year ago as refinancings bounce back on retreat in rates. Continue reading
Having slashed operating expenses by 40 percent from a year ago, the iBuyer has its sights set on boosting home purchases to 1,000 per quarter on lower cost structure. Continue reading
A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year. Continue reading