Douglas Elliman wraps 2024 with hefty $76M net loss for year

The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm’s future. Continue reading

Redfin on the upswing after Zillow deal despite widening Q4 losses

Redfin posted double-digit revenue growth for Q4 and FY 24 on Thursday. The company’s $100 million Zillow rental syndication deal has opened the door for greater advertising spend, CEO Glenn Kelman said. Continue reading

EXp Q4 earnings mixed as revenue ticks up but agent count falls

The virtual brokerage ended 2024 with 82,980 agents — a 5 percent drop compared to the previous year, according to Q4 earnings data. EXp also posted $1.1 billion in revenue in the final three months of last year. Continue reading

What to watch for as Compass goes public: an Inman guide

After years of speculation, Compass’ IPO is less than a day away. Here’s what you need to know about the process and what the first day’s results could be. Continue reading