‘We still have an appetite’: Howard Hanna eyes growth amid downturn
Hoby Hanna, the Pittsburgh-based brokerage's president, told Inman the opportunities for independent brokerages like his are vast as his company positions itself for acquisitions in 2023
by Daniel Houston Nov 11
Indianapolis-based indie F.C. Tucker Company launches luxury division
Having built a strong foundation of luxury agents and clients, the brokerage was emboldened to launch a luxury arm on the heels of its partnership with Howard Hanna, executives told Inman
by Lillian Dickerson Nov 11
Matterport posts Q3 revenue gains while narrowing its losses
The virtual tour software company posted $38M in revenue, up from $28.4M in Q2, avoiding headwinds that have ensnared others in the real estate space, according to earnings on Thursday
by Taylor Anderson Nov 11
Compass adds agents as revenue falls, losses rise in Q3
The company reported earnings Thursday for the first time since announcing the end of cash and stock-based recruiting incentives. Despite the move, the company added 335 agents
by Jim Dalrymple II Nov 10
It's the disruption, stupid! Redfin Now and the end of iBuying as we know it
Opinion
As Redfin winds down its operations, Opendoor and Offerpad are the last ones left for the most part — and they're both struggling. Was iBuying a flash in the pan or is everyone simply looking in the wrong direction?
by Troy Palmquist Nov 10
Douglas Elliman releases Elliman Productions video and photo app
Powered by Infinite Creator, Elliman Productions allows agents to capture photos and videos of listings on their smartphones and receive branded and edited content within 24 hours
by Lillian Dickerson Nov 10
Broker Spotlight: Barb Betts, The RECollective
This week, the Broker Spotlight shines on Barb Betts of The RECollective headquartered in Long Beach, California
by Christy Murdock Nov 10
Expanding your brokerage: 3 tips for sustainable growth
Regardless of the market, a strategic approach to growth is necessary to sustain a real estate business long-term
by Stuart Siegel Nov 10
Redfin sees losses soar in Q3 as it winds down iBuying program
The company earned $600.5M in revenue during the third quarter, but also lost $90.2M — up from a loss of just $18.9M in the third quarter of 2021 — amid a worsening housing market
by Jim Dalrymple II Nov 9
The Agency welcomes new franchise in Big Sky Country
The office in Bozeman marks The Agency's first foray in the state of Montana. Managing Partner Joy Vance who specializes in diverse luxury properties will lead the new office
Flyhomes lays off workers amid 'housing recession'
The layoffs are the second round of job cuts from the end-to-end platform pioneer this year. They also add to thousands of other real estate layoffs in 2022
by Jim Dalrymple II Nov 9
A misty forest
North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents
Redfin shuts down iBuyer Redfin Now while slashing 13% of workforce
As many as 264 employees impacted by the cuts were from Redfin Now, the company's iBuying division, while an additional 218 jobs from other departments are also being eliminated
by Ben Verde Nov 9
Venture Sotheby's spreads Hawaiian presence to Mauna Kea Resort
The new offices located in the historic resort will build on the brand's existing presence on Hawaii Island in Keauhou, Waimea and Hilo
Recruiting season is afoot. 10 brokerage red flags to watch
Finding the right brokerage is essential to growing your real estate business. Watch for these warning signs that indicate it's a bad fit for you
by Chris Heller Nov 8
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