Real estate agents tallied double-digit sales volume gains in 2022
Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday
by Marian McPherson Jul 12
Realogy's Q3 earnings defy expectations with $2.2B in revenue
Realogy reported a revenue increase of 15 percent year over year while recording a net income of $114 million, it was announced Thursday during an earnings call
by Lillian Dickerson Oct 28
Top 1,000 teams' transaction volume ballooned 49.7% in 2020
RealTrends and Tom Ferry's The Thousand and America’s Best Real Estate Professionals debuted on Friday, with the top 1,000 teams increasing their average sales volume per top team to $173 million in 2020
by Marian McPherson Jun 11
Continuing to ride housing boom, Realogy posts its strongest Q1 ever
In an earnings report released Thursday, the company reported first-quarter net income of $33 million after losing money in the same quarter a year earlier. Mortgage and title played a growing role, and the company says it plans to accelerate its iBuyer program
by Marian McPherson Apr 29
Engel & Völkers Americas had its best year ever in 2020
The global brokerage posted $32B in transaction volume last year, with the Americas market increasing production by 38.4%
IBuyer market share set to drop by half in 2020: DelPrete
Opinion
The iBuyer market share and transaction volumes isn’t a failure of the model, but rather a result of it
by Mike DelPrete Nov 19
New data shows agents are feeling optimistic moving into summer
As states reopen, and the housing industry remains a solid place for consumers to invest, data from Homesnap indicates that 2020 may finish stronger than expected
by Rachael Hite Jul 2
Realogy CEO: Transaction decline may have already peaked
New open home sale transaction volume declined by as much as 50% in April, according to Realogy CEO Ryan Schneider.
by Patrick Kearns May 7
Realogy's revenue declines, earnings fall in line with consensus
The holding company posted $1.1B in revenue in Q1, a decrease of 9% from the previous quarter
by Patrick Kearns May 2
Sotheby's achieves record year, despite industry-wide slowdown
Agents affiliated with the Sotheby's International Realty brand closed $112B in transactions in 2018
by Patrick Kearns Feb 27
EXp Realty triples revenue growth, transactions in third quarter
The virtual brokerage closed approximately $6.2B in transactions in the third quarter of 2018
by Patrick Kearns Nov 6
Realogy's Q2 financials dampened by poor NRT performance
Although the company reported overall increases in sales and revenue, NRT took a hit from the soft market and agent poaching
by Amy Tankersley Aug 4