BrokeragesRedfin 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.”AJ LaTraceMay 6, 2025
Brokerages‘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.Meghan RoosMay 2, 2025
IndustryHomes.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.”Dave GallagherApril 29, 2025
BrokeragesAnywhere 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.”Stephanie Reid-SimonsApril 29, 2025
IndustryOpendoor 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.Stephanie Reid-SimonsFebruary 28, 2025
BrokeragesRedfin 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.Dave GallagherFebruary 27, 2025
BrokeragesRE/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.Stephanie Reid-SimonsFebruary 21, 2025
BrokerageseXp 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.Dave GallagherFebruary 20, 2025
IndustryCoStar 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.Dave GallagherFebruary 19, 2025
BrokeragesCompass 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.”AJ LaTraceFebruary 19, 2025
BrokeragesAnywhere 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.AJ LaTraceFebruary 13, 2025
Industry‘Super app’ success helped Zillow outperform the market in 2024The home search giant beat revenue expectations in Q4 as it continued to make big strides in mortgages and rentals, and announced a new partnership with Redfin.Dave GallagherFebruary 11, 2025
TechWhat’s next for Opendoor after layoffs and $78 million loss?Top iBuyer highlights new products and shifts in agent pay as it joins Offerpad, Elliman and Fathom in finding bright spots after tough third-quarter results.Stephanie Reid-SimonsNovember 10, 2024
BrokeragesAnywhere could be ‘biggest beneficiary’ if Clear Cooperation is repealedDuring a Q3 earnings call, CEO Ryan Schneider reiterated his support of the CCP but said large firms would be the winners if it goes away. Revenue, income fell.AJ LaTraceNovember 8, 2024
BrokeragesRedfin Next commissions take a bite out of earningsCEO Glenn Kelman apologized to shareholders but also said expansion of the company’s new agent pay plan will help the brokerage “go on the attack” in 2025.Dave GallagherNovember 7, 2024
BrokerageseXp continues to lose agents, but transaction volume gets a boostThe company suffered losses due to its payout in the commissions settlement, but touted agent productivity, international growth and positive revenue.Robert DavisNovember 7, 2024
BrokeragesReal continues its rise, focused ‘on what we can control’The company says its innovative AI and financial products give it an edge as it increases revenue and agent count despite a difficult housing market.Stephanie Reid-SimonsNovember 7, 2024
IndustryZillow sees big revenue boost as it continues to beat expectationsGrowth across all major divisions, which the company attributed to strong conversions and agent partnerships, produced double-digit gains in the third quarter.Dave GallagherNovember 6, 2024
BrokeragesIs RE/MAX starting to turn things around?Numbers were down, but revenue declines slowed. Leadership painted a cautiously optimistic picture — and presented its point of view on Clear Cooperation.Amie FisherNovember 1, 2024
BrokeragesRise in transactions, agents drives strong Q3 for CompassRevenue was also up, and CEO Robert Reffkin said top agents have been able to increase commissions “since they are now able to negotiate for themselves again.”Dave GallagherOctober 30, 2024