Billions in losses, a brutal market and more from Q3 earnings season
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
by Jim Dalrymple II Nov 14
EXp Realty expands into Poland amid international push
Competition and a slowing market are making international expansions an increasingly important part of many US companies plans for growth, including eXp Realty
by Jim Dalrymple II Nov 8
Abuzz, then a bust: What happened with all that big 'platform' chatter?
Opinion
Real estate platforms were a hot topic a few years ago, but for even some of the biggest companies, sprawling enterprise has been the quickest way to failure, Inman founder Brad Inman writes
by Brad Inman Nov 7
Revenues rise and profits fall for eXp amid a 'challenging' Q3
EXp World Holdings revenue increased 12% to $1.2B during the third quarter of 2022; however, its profitability slid 81.5% to $4.4M — a reflection of an increasingly choppy market
by Marian McPherson Nov 2
Real estate companies are about to tell us just how bad the downturn is
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market
by Jim Dalrymple II Nov 2
Coldwell Banker CEO: Not every company will make it through slump
M. Ryan Gorman said the current downturn is an opportunity for his company, while noting that some competitors 'may not have a plan for good times let alone a plan for bad times'
by Jim Dalrymple II Oct 31
Lights, camera, luxury: Inside eXp Realty's newest division, eXp Luxury
Inman spoke with Chief Growth Officer Michael Valdes and 3 of the company's charter luxury advisory council members to learn what's in store for agents as it ramps up the new division
by Lillian Dickerson Oct 28
The Agency's Mauricio Umansky on what's hurting brokerages the most
At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what's happening in the market now and how it's impacting brokers and their agents
by Lillian Dickerson Oct 19
EXp CEO: We're aiming for 250K agents in US — but growth is slowing
Despite ambitious goals, the virtual brokerage eXp Realty is seeing its growth slow amid a lagging market — and the company is unlikely to hit a target Sanford set earlier this year
by Jim Dalrymple II Oct 14
10 takeaways from eXp's EXPCON on how to blast through a downturn
EXp Realty charged into the second and third days of EXPCON with 8 hours of agent advice on a shifting market. Here are the biggest lessons from real estate professionals on both days
EXp Realty CEO Glenn Sanford lets New Age flag fly in EXPCON talks
Instead of following the typical CEO talk, eXp Realty founder Glenn Sanford used his EXPCON appearances to spark a health revolution among his 85,000 agents
by Marian McPherson Oct 14
Glenn Sanford announces new eXp consumer app at EXPCON
360 Home will launch in November and is focused on nurturing clients and guiding them through the buying, selling and owning processes
EXPCON keynote urges real estate agents to stay positive
Nick Santonastasso, who in his own words was born a 'man with no legs and one arm,' said agents should have 'emotional integrity' and focus on things they can control
by Jim Dalrymple II Oct 13
Keller Williams launches new franchise in Switzerland
Keller Williams' expansion into Switzerland comes as part of a broader international push for the franchisor, and for the broader US real estate industry
by Jim Dalrymple II Oct 12
What to watch for at eXp Realty's EXPCON this week
Virtual brokerage eXp Realty is going analog this week with its annual EXPCON conference in Las Vegas. Here are a few highlights from the conference agenda
by Marian McPherson Oct 12