The world’s largest franchisor of residential real estate brands posted a profitable quarter for the first time since the 3Q22 despite reporting sagging revenues of $1.7 billion in line with expectations. Continue reading
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading
The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes. Continue reading
Revenue declined 33 percent in the fourth quarter of 2022 — and 13 percent year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment. Continue reading
The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading
This month, Coldwell Banker CEO M. Ryan Gorman and Opendoor CEO Eric Wu relinquished their chief executive posts. Inman founder Brad Inman envisions a cold winter ahead. Continue reading
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading
Revenue and closed transaction volume both declined 17 percent year over year despite agent count growth of 7 percent over the same period, according to a Q3 earnings report Thursday morning. Continue reading
Tony Kueh, a former Microsoft manager and 23-year tech veteran, will work alongside COO Melissa McSherry as he oversees the execution of Anywhere’s overall product strategy. Continue reading