Compass CEO trumpets growth — and seller choice
Robert Reffkin championed the company’s listing strategy and strong Q1 numbers during an earnings call, noting that Compass continues to outpace the industry.
May 8, 2025
Earnings
- Agents flock to Real Brokerage as revenue tops $350 millionA compelling AI version of CEO Tamir Poleg touted tech innovation during the company’s earnings call, and the real Poleg endorsed listings transparency.May 8, 2025
- Mortgages, rentals push Zillow into profitabilityRevenue jumped 13% and traffic increased 5%, beating expectations. CEO Jeremy Wacksman credited bundled offerings while affirming Zillow’s new listing rules.May 7, 2025
- eXp focused on global growth, tech as domestic revenue flattensThe brokerage’s international division doubled its revenue this quarter, and the company is investing heavily in tech and AI: “These are not short-term bets.”May 6, 2025
More Earnings
- Opendoor doubling down on ‘the trusted agent partner’The top iBuyer looks to build its referrals to agents as revenue slips 2% but losses ease; Offerpad, meanwhile, saw revenue drop 44% and losses improve by 14%.May 6, 2025
- Redfin losses rise ahead of Rocket acquisitionDespite declines in key metrics, Redfin CEO Glenn Kelman was upbeat, saying employees were “over the moon about Rocket's vision of a home-ownership platform.”May 6, 2025
- ‘It’s a new day’ at RE/MAX, CEO declaresCEO Erik Carlson said numbers were “higher than expected” — though U.S. agent count fell significantly — calling 2025 a “year of transition” for the brand.May 2, 2025
- Homes.com looks to gain ‘solid’ leadership position in 2-4 yearsCoStar CEO Andy Florance said the company is ready to take advantage of industry changes “with a superior product and aggressive marketing campaign.”April 29, 2025
- Anywhere will be ready if private listings gain ground, CEO saysWhile advocating for broad distribution of listings, Ryan Schneider said the company is also taking steps to ensure it’s “never at a competitive disadvantage.”April 29, 2025
- Opendoor sees opportunity in its stream of high-intent sellersReal estate’s top iBuyer reported increased revenue as it looks to “give sellers more choices” through listing products that go beyond a standard cash offer.February 28, 2025
- Redfin focused on growing market share after missing on profitsRevenue was up 12% in Q4, but losses increased. The company hopes cost savings, marketing and a stronger sales team will get it back in the black in 2025.February 27, 2025
- RE/MAX looking to 'strengthen our swagger'CEO Erik Carlson announced a $5.5 million deal to settle Canadian commissions cases and a profitable end to 2024. Now RE/MAX aims to stabilize U.S. agent count.February 21, 2025
- eXp revenue up as it looks to excel in a down marketAnticipating a slow recovery, company leaders said they’re focused on efficiency and agent productivity. Revenue rose 7% in 2024, but net losses were also up.February 20, 2025
- CoStar revenue still going strong, but income keeps fallingThe company touted its Homes.com Network as the No. 2 residential marketplace and said it sees opportunities to “win away” rental listings from rivals.February 19, 2025
- Compass flexes private inventory, market share as revenue soarsThe brokerage’s strategy? Attract more buyers with exclusive listings, said CEO Robert Reffkin.“The gap between Compass and the industry will only accelerate.”February 19, 2025
- Anywhere CEO: Private listings push is ‘short-sighted’Ryan Schneider reaffirmed Anywhere’s "relax, not repeal" position on Clear Cooperation and reassured investors the company has the tech and people to compete.February 13, 2025
