Compass dramatically trims losses, sees rocketing revenue in Q2
The brokerage lost $7M last quarter, a vast improvement over both the previous quarter and last year. The results earned plaudits from investors
by Jim Dalrymple II Aug 9
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
by Jim Dalrymple II Aug 5
RE/MAX sees revenue and agent count inching upward in Q2
New earnings report reveals RE/MAX revenue grew 48 percent year over year by the end of June, while its total number of agents hit 140,201
by Jim Dalrymple II Aug 4
EXp rakes in $1B in revenue, sees soaring agent count
The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87% year over year, according to a Q2 earnings report released Wednesday
by Jim Dalrymple II Aug 4
In another strong quarter, Keller Williams sees transactions jump 35% over last year
The company's global agent count increased 9.6% year over year as rumors continue to swirl about whether the company will go public this year
by Jim Dalrymple II Aug 3
Offerpad sees dip in revenue as it preps for public debut
The iBuyer's revenues were down year over year, but up compared to the end of 2020. The company is also nearing completion of a merger that will allow it to begin publicly selling shares
by Jim Dalrymple II Jun 9
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
by Jim Dalrymple II May 13
Opendoor bounces back in first quarter after pandemic-driven downturn
The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic levels
by Jim Dalrymple II May 11
Keller Williams sees rising agent count, sales volume amid hot market in Q1
The industry giant's agents closed 272,688 transactions and did $98.1 billion in volume between January and March. The company also now has 180,376 agents across the world
by Jim Dalrymple II May 11
RE/MAX sees small revenue bump, but adds lots of agents in Q1
The company's total agent count increased 6.4 percent, to 140,214 agents. And it brought in $72.3 million in revenue
by Jim Dalrymple II May 6
Douglas Elliman's revenue and profit soar in first quarter
The company also saw its sales volume climb to $10.1 billion in the first quarter of 2021, up 71 percent compared to the same period in 2020
by Jim Dalrymple II May 6
Redfin reports $268M in revenue in first quarter, 40% jump over same period last year
CEO Glenn Kelman said Wednesday that the company is 'just about hitting on all cylinders' after hiring more agents and lenders
by Jim Dalrymple II May 5
Zillow has most profitable quarter ever — again
The online giant brought in $1.2B in revenue during the first 3 months of 2021 and made $52M in profit. The company also saw unique monthly web users jump 15 percent year-over-year
by Jim Dalrymple II May 4
Fannie Mae brings in net income of $5B in Q1
This net income increase is up significantly from the first quarter of 2020, when, struggling with restrictions due to COVID-19, the mortgage giant posted a net income of just $500M
by Kelsey Ramírez Apr 30
Low interest rates drive Freddie Mac new business up 162%
The mortgage giant reported earnings of $2.8B in the first quarter
by Kelsey Ramírez Apr 29