Realogy’s revenue declines, earnings fall in line with consensus

Realogy posted $1.1 billion in revenue in the second quarter of 2019, a decline of 9 percent from the first quarter due largely to lower transaction volume at its own-side real estate brokerage NRT.  Continue reading

Realogy launches ‘Agent X’ voice assistant, Facebook ad tool

The nation’s largest real estate company is not about to let other brokerages claim technological supremacy — at least not without a fight. Continue reading

OJO Labs raises $40M in Series C funding

OJO Labs, the startup behind the artificial intelligence-based personal assistant “OJO,” announced Tuesday its raised $45 million in Series C funding. Continue reading

Real estate’s big threat, according to a Coldwell Banker NRT exec

As the regional executive vice president of the eastern seaboard and midwest regions at Coldwell Banker NRT, Sue Yannaccone oversees 239 Coldwell Banker offices. Continue reading

Moneyball: How Realogy deploys AI to gain a recruiting advantage

With 2 million transaction records ingested every quarter, Realogy has a stark advantage over its competitors in the form of a robust data trove it uses to sharpen agent recruiting, company CEO Ryan Schneider said during a presentation Wednesday in New… Continue reading

Sotheby’s consolidates leadership under brokerage CEO Philip White

Fresh off the heels of a record-setting year, Sotheby’s International Realty announced Tuesday plans to consolidate the franchise and company-owned businesses under a single umbrella. Continue reading

Realogy stock craters to all-time low after missing guidance

After reporting less than expected revenue and missing their earnings per share guidance, shares for Realogy cratered today, reaching an all-time low, according to real-time financial data Continue reading

Realogy reports a Q4 net loss as company misses guidance

Realogy Holdings Corporation reported $1.4 billion in revenue in the fourth quarter of 2018, a year-over-year decrease of $90 million. Continue reading

Exclusive: NRT CEO blasts Compass in letter to execs

NRT CEO Ryan Gorman blasted rival brokerage Compass in a letter to NRT leaders obtained by Inman. Gorman’s letter, which accuses Compass of ‘taking advantage’ of agents, includes a number of questions he has regarding Compass’ growth and recruitment an… Continue reading