CoStar sees revenue, profit jump in Q3 despite slowing housing market
In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer
by Jim Dalrymple II Oct 25
Compass revenue ticks up slightly as losses mount in Q2
The fast-growing brokerage earned $2B in revenue during the second quarter of the year, but also saw losses rise to $101M, according to an earnings report issued Monday
by Jim Dalrymple II Aug 15
In earnings twist, most real estate companies avoided the worst in Q2
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
by Jim Dalrymple II Aug 8
Vrbo traveler deposits fuel strong returns for Expedia in Q2 earnings
Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8B as of June 30, up from $1.7B at the end of 2021
A pivotal earning season is beginning. Here's what to know
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
by Jim Dalrymple II Aug 1
Compass trims losses slightly in Q1, sees revenue jump 25%
Compass agents did 47,367 deals between January and March of 2022, which represents a new high for the brokerage, according to a Q1 earnings call on Thursday
by Jim Dalrymple II May 12
Zillow turns a profit in Q1 as housing market gets 'choppy'
The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days
by Jim Dalrymple II May 5
RE/MAX revenue jumps in Q1 thanks to rising home prices
The company turned a profit during the first quarter of the year, though its agent count only ticked upward modestly, according to earnings released Thursday
by Jim Dalrymple II Apr 28
Keller Williams sees volume rise, transactions dip in Q4
The company also finished out the year with 188,121 agents across the world — though it didn't mention if or when it might go public
by Jim Dalrymple II Mar 1
Police investigating suspected arson at CoStar's headquarters
The Wednesday-evening incident, which reportedly involved two cars, comes as CoStar faces criticism from ex-employees and as it pushes further into the residential sector
by Jim Dalrymple II Feb 25
Opendoor revenue rises more than 1,400% in Q4, but losses mount too
The iBuying giant earned $3.8B in revenue between October and December last year. The latest numbers highlight the uniqueness of Opendoor's growth strategy
by Jim Dalrymple II Feb 24
Offerpad turns a profit and tallies a revenue spike in Q4
The iBuyer earned a profit of nearly $13M during the final 3 months of 2021 while also beating revenue forecasts, according to a Q4 earnings report issued Wednesday
by Jim Dalrymple II Feb 23
Everything you wanted to know about Q4 earnings (but were afraid to ask)
Inman's Jotham Sederstrom breaks down all the deets on the leading real estate companies and how they stacked up in 2021
by Jotham Sederstrom Feb 23
CoStar's residential business makes inroads in Q4 as revenue climbs
The commercial real estate giant earned $75 million from its residential ventures, according to a fourth-quarter earnings call, suggesting its rivalry with established players will continue
by Jim Dalrymple II Feb 22
Redfin revenue soars 163%, even as losses return in Q4
The company's plan to broaden its revenue sources made progress, with title, mortgage and iBuying offerings on track to generate profits, CEO Glenn Kelman said
by Jim Dalrymple II Feb 17