‘We need to do more,’ CEO tells Keller Williams faithful
Mark Willis challenged KW Family Reunion attendees to own their full potential and get back on a growth trajectory after a tough year.
February 28, 2024
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
Page 33 of 56
- Compass continues to add agents, improves lossesRevenue dipped, but Compass managed to gain more than 1,000 agents in 2023 and cut losses for the year nearly by half.February 27, 2024
- Home price growth bucked historical norms in 2023Despite market challenges, the Case-Shiller Index was up 5.5% annually in December, exceeding national averages over the past three decades.February 27, 2024
- eXp drops nearly 2K agents in fourth quarter as profits fallThe company said its "decision to offboard a significant number of unproductive agents" in Q4 was offset by "excellent" retention of strong producers.February 22, 2024
- Mortgage rates near 7% are stalling salesInventory is building as buyers stay on the sidelines, but there’s still hope for more activity as the spring shopping season gets underway.February 22, 2024
- MLSs ask court to dismiss Zillow, ShowingTime lawsuitARMLS and Metro MLS respond to “monopoly” claims, contending that its showing management platform leads to increased competition, not less.February 21, 2024
- HomeServices of America dismissed from commissions caseThe Batton 1 lawsuit was brought by buyers, not sellers, and will move forward against NAR, Anywhere, RE/MAX and Keller Williams with fewer claims.February 20, 2024
- CoStar revenue — and Homes.com push — beats expectationsCEO Andy Florance said Homes.com sold $4.5 million worth of new subscriptions to residential real estate agents in the first week after the Super Bowl.February 20, 2024
- How the rise of ADUs is creating new opportunities for agentsAs extra dwelling units become more mainstream, agents can market them as both a revenue source and a lifestyle.February 20, 2024
- 3 top takeaways as the DOJ takes on commissionsThe newest statement from the Department of Justice focuses on one MLS settlement in a specific case but could be a blueprint for the industry as a whole.February 17, 2024
- DOJ to court: Buyers need to set their agents’ compensationA statement of interest filed late Thursday by the Department of Justice savages the proposed MLS PIN settlement, and calls out MLSs for limiting competition.Updated February 16, 2024
- Latest jump in mortgage rates could mean another slow springThe 30-year fixed rate rose to 6.77% this week, the highest level since mid-December.February 15, 2024
- Why Zillow is ready to ‘press down on the accelerator’ in 2024CEO Rich Barton was bullish despite the challenging housing market, predicting double-digit revenue growth this year during a Feb. 13 earnings call.February 14, 2024
- Zillow beat revenue expectations in fourth quarterWhile still posting a net loss, the company reported higher-than-expected revenue from its residential and rental businesses as Premier Agent held steady.February 13, 2024
- Don’t count on rate cuts in the first half of 2024Economists say inflation is not falling fast enough to convince the Federal Reserve to lower interest rates.February 13, 2024
- Almost 20% of Realtors pay for multiple MLSs, but for how long?Commissions lawsuits could accelerate consolidation and evolution — and save agents money, according to a new report on MLSs and Realtor associations.February 13, 2024
- New commissions case filed in UtahNAR and several national and local brokerages are named in the suit — the first copycat commissions case to be filed in the state.February 12, 2024
- Brokerage leaders are feeling better about 2024A survey of leaders found greater optimism compared to a year ago, but many are concerned about recruiting, profits and commission lawsuits in the year ahead.February 9, 2024
- Consumer sentiment up as mortgage rate optimism hits record highFannie Mae’s monthly survey found that, for the first time, a greater share of consumers expects rates to fall in the next 12 months.February 9, 2024
- Lower mortgage rates haven’t materialized yet30-year mortgage rates have remained in the upper-6% range since December. Will predicted rate drops arrive in time for the spring buying season?February 8, 2024
