Here’s who sank and who soared in Q1 2024 earnings

Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. Continue reading

How diversity can enhance your growth and enrich your business

Diversity is the way of the future, writes The Agency’s Mauricio Umansky. Here, he unpacks the advantages of intentionally building a diverse team for your clients, your agents and your business. Continue reading

10 tips for hosting standing-room-only office meetings

Want your agents to look forward to meetings? Broker Joseph Santini shares five tips for making your office meetings must-attend events (and five things to avoid at all costs).
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Blend trims loss, shrugs off decline in mortgage segment revenue

Mortgage tech and cloud banking software provider says it’s debt free and on faster track to profitability, thanks to $150 million cash injection from Haveli Investments. Continue reading

Realtor.com revenue drops 6% as traffic growth remains flat

Realtor.com parent company Move Inc. saw its fiscal third-quarter revenue decrease 6 percent yearly to $132 million as traffic to the site stalls at 72 million average monthly unique visitors. Continue reading

Low-income buyers’ mortgage applications drop to 2018 levels

Households with a median income of $64,000 or less lost their buying gains in 2023, according to Redfin. The share of new mortgages issued to this group dropped 11 percent from 2020 to 2023. Continue reading

Compass posts revenue spike and increases agent count in strong Q1

The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday. Continue reading