EXp rakes in $1B in revenue, sees soaring agent count

The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87 percent year over year, according to a Q2 earnings report released Wednesday. Continue reading

Virtual brokerage Real plans to add thousands of agents, CEO says

Tamir Poleg also believes the currently wild housing market may calm down in the near future, but he doesn’t think there’s a bubble forming. Continue reading

Matterport finishes first day of trading slightly down

The 3D imaging company’s shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company. Continue reading

3D tour giant Matterport makes its stock market debut

The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport’s turf. Continue reading

Lumber prices finally drop and the stockpilers prepare to sell

After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down. Continue reading

Top Coldwell Banker team in Missouri jumps to eXp Realty

A top-performing Coldwell Banker team in the St. Louis, Missouri, area announced this week that it’s joining eXp Realty, making it the latest in a string of high-profile defections away from legacy brands. Continue reading

Fathom Realty sees jump in revenue, agent count and transactions in Q1

The company, which went public last year, pulled in $49.6 million between January and March — a 72 percent increase year over year. Continue reading

Why are real estate company share prices falling, despite good news?

Many real estate companies have reported stronger-than-expected earnings in recent weeks, but their share prices keep dropping. Continue reading

Compass stock closes at $19.75 per share on first day on the market

The brokerage saw its stop pop as high as $22 before closing at $19.75, a 9.7 percent jump from the public offering price. Continue reading