Rocket Mortgage picks up market share — and turns a tidy Q1 profit

On its quest to reclaim the title of nation’s biggest mortgage lender, Rocket didn’t sacrifice profits, generating $291 million in net income as revenue grew 107 percent from a year ago, to $1.38 billion. Continue reading

RE/MAX revenue drops for 7th consecutive quarter

Total revenue declined by 8.3 percent year over year to $78.3 million during the first quarter of 2024, which still bested analysts’ expectations for revenue to fall by 9.5 percent. Continue reading

Opendoor revenue dips and losses rise amid Q1 transaction slump

Opendoor drew $1.2 billion in revenue between January and March, according to first-quarter earnings data released Thursday. The new numbers reflect a tough market, but also some hope for the iBuyer. Continue reading

Bad at math? Let David Childers illuminate the latest data

Keeping Current Matters CEO David Childers and Jimmy Burgess discuss why a relevant market opinion based on facts, not fears, is key for educating consumers and navigating industry changes. Continue reading

HomeServices hit by buyer commission lawsuit in Florida

The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices. Continue reading

Use auctions to reboot your listing (without a price drop)

Embrace the potential of auctions and understand how to navigate their benefits and risks effectively, new Inman contributor Chad Roffers writes. By doing so, you and your clients can tap into new opportunities and elevate your approach to listing prop… Continue reading

How buyer agents can level up amid commission uncertainty

Buyer’s agents have a critical responsibility to be the best they can be, new Inman contributor Filippo Incorvaia writes, as they navigate industry changes and the necessity of advocating for themselves early in the homebuying process. Continue reading