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Latest News

Welcome to the club: iBuyer Opendoor turns a profit in Q1 

Thanks to record revenue of $5.2 billion, Opendoor generated a net income of $28 million in the first quarter.

May 06, 2022By Brooklee Han
Opinion: Brokers must diversify revenue sources for the win 

Are you thinking beyond title, mortgage and insurance? It’s time to diversity your revenue sources into client services that include relocation, internet leads and more.

May 06, 2022By Teresa Howe
Redfin’s Q1 revenue was a bright spot 

Redfin executives predicted the first quarter of 2022 would be the worst on record, and the results were not great

May 05, 2022By Brooklee Han
Picking up the pieces: Zillow has profitable Q1 

For the first quarter of 2022, Zillow’s fortunes turned, and the company made $16 million in net income. Zillow also raked in $4.3 billion, with $3.7 billion of that emanating from Zillow Offers, the soon to die iBuying division that is generating money by Zillow selling its inventory.

May 05, 2022By Matthew Blake
Federal court dismisses commission-sharing case against NAR 

An Illinois federal court dismissed a lawsuit seeking class-action status against NAR, Realogy, Keller Williams, RE/MAX and HomeServices of America on Monday.

May 05, 2022By Brooklee Han
Offerpad turns in a $41M profit in the first quarter 

Offerpad recorded net income of $41 million in the first quarter of 2022

May 05, 2022By Matthew Blake
Houwzer’s CEO says salaried agent model is future of real estate brokerage 

Houwzer CEO Mike Maher says his salaried model is the business model of the future to boost capture rates on core services.

May 05, 2022By Tracey Velt
Opinion: Do real estate agents still matter? 

Although homes have sold with unprecedented speed in most markets, others are showing signs of slowing down. In the middle of all of this, it’s worth asking: What is the role of the real estate professional in 2022? Clever Real Estate’s new report has some answers.

May 04, 2022By Tracey Velt
Mo’ money, mo’ agents: eXp continued growing in Q1 

The numbers are in, and eXp continues to profitably grow, even amid housing market worries.

May 04, 2022By Brooklee Han
At Realtor’s conference, NAR economist sounds alarm on inflation 

Lawrence Yun, chief economist of the National Association of Realtors, hammered home the toll of rising inflation in a speech during NAR’s legislative meeting.

May 04, 2022By Matthew Blake
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