Earnings

But the company reported an all-time high for its global agent count, with its international pool growing 9% year-over-year.

Rocket is poised “to finish the year strong” as it brings “end-to-end integration to housing at a scale the industry has never seen," company execs said.

The company’s mortgage and rentals divisions drove significant growth during a quarter marked by lawsuits and “more noise around hidden listings.”

The company is also bolstering its AI offerings to “reduce manual or low-value processes across the organization,” execs said during a Q3 earnings call.

Ongoing investments in new tech, marketing and sales teams dragged down the company’s net income in Q3, though YoY revenue growth jumped again by double digits.

Despite letting 1,500 agents go, the company reported a net increase to more than 29,000, as well as its first-ever quarter of profitable operations.

Overall revenue beat expectations — again — jumping 15% in the second quarter, thanks in large part to big gains in rentals and home loans.

Days after announcing it is no longer at risk of getting booted off Nasdaq, Opendoor reported its first quarter of adjusted EBITDA profitability in three years.

CEO Leo Pareja said it was “a great indication” that eXp’s recruiting and retention strategies are working. Revenue was up slightly in Q2 as losses improved.

In just three weeks, nearly 200,000 people clicked the new “Get Prequalified” button on Redfin listings, sending new purchase leads to the mortgage giant.

Revenue was up 21.1%, profits nearly doubled and agent count surged in Q2. CEO Robert Reffkin also took time to blast portals and MLSs over listing policies.

While revenue fell 7.3% in the second quarter, profits and margin performance were up, and global agent count reached an all-time high.

CEO Ryan Schneider said “the talk of prices falling is a little overstated” as he highlighted gains in luxury and “near record levels” of agent retention.

Founder and CEO Andy Florance celebrated the company’s 57th consecutive quarter of double-digit revenue growth during a July 22 call with investors.

Robert Reffkin championed the company’s listing strategy and strong Q1 numbers during an earnings call, noting that Compass continues to outpace the industry.

Rocket posted a significant loss in Q1 but said its recent deals create a “super funnel” for the company and a “beautiful, end-to-end experience” for consumers.

A compelling AI version of CEO Tamir Poleg touted tech innovation during the company’s earnings call, and the real Poleg endorsed listings transparency.

Revenue jumped 13% and traffic increased 5%, beating expectations. CEO Jeremy Wacksman credited bundled offerings while affirming Zillow’s new listing rules.

The 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.”

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%.