by Aidan Whalen | Aug 4, 2023 | Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Tech |
With revenue down and domestic agent growth essentially flat, eXp is pivoting to better fit its virtual-focused brokerage model into the “tightening” post-pandemic real estate market, seeking to attract larger real estate teams and upping its revenue sharing program...
by Aidan Whalen | Aug 4, 2023 | Industry News, Latest News, National, News, Premier |
Ask any real estate professional about the macroeconomic challenges they’re facing today, and you’ll get an answer including both “inflation” and “interest rates.” As the former one grows, the latter does, too. The Federal Reserve’s latest meeting on July 27 saw the...
by Aidan Whalen | Aug 4, 2023 | Industry News, Latest News, National, News, Premier |
After seeing a revenue that was well down from 2022 and company projections in Q1, Rocket Companies ramped up business and reported much stronger earnings in Q2, putting them back on track for 2023. This win comes right after the company announced a shift in...
by Aidan Whalen | Aug 3, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing recession” to describe the swift, sharp decline in real estate markets all over the country, as the Federal Reserve raised rates and...
by Aidan Whalen | Aug 3, 2023 | Brokers, Industry News, Latest News, National, News, Premier, Tech |
Normally, a $20 million quarterly net loss wouldn’t be grist for positive spin, but Offerpad spun it that way, citing trimmed losses and a greater number of homes acquired in the second quarter as progress after selling most of the older homes in its inventory. In...