In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading
Revenue, closed transaction volume and net income fell in Q3, earnings data on Thursday shows. But a strong luxury push and October uptick in buyer activity have set the stage for a robust Q4. 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
The franchisor’s revenue remained flat year over year as it had to make significant payments during the quarter to address the commission lawsuit settlement and a 1999 tax matter. CEO Ryan Schneider expressed confidence in the company’s ability to navi… Continue reading
Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call. Continue reading
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading
In his first Family Reunion address since returning as CEO of Keller Williams last year, Mark Willis called on agents to rise up and topple Anywhere, the world’s largest real estate franchisor. Continue reading
The real estate brokerage and franchisor posted $5.6 billion in revenue during a grueling 2023 while losses improved to $97 million, according to a full-year earnings call on Thursday morning. Continue reading
Joseph Lenz is a managing director and co-head of research at TPG Angelo Gordon. He becomes the 13th member of Anywhere’s board this week after the franchising giant added a seat. Continue reading
The Anywhere CEO challenged individual leaders to step up, rather than be dependent on NAR to lobby for the industry in Washington. He added that the most important thing for leaders today are vision and attitude. Continue reading