Offerpad’s revenue declined 36 percent year-over-year to $160.3 million in Q2. However, it’s net losses declined 21 percent to $10.9 million. Source: Inman News
Posts published in “earnings report”
In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8 million in restricted stock awards granted to five top executives over…
Despite a slower housing market, the brokerage’s revenue grew 28.7 percent year over year in the first quarter while transactions rose 27.8 percent. Source: Inman…
The virtual brokerage ended 2024 with 82,980 agents — a 5 percent drop compared to the previous year, according to Q4 earnings data. EXp also…
The Compass CEO said that NAR’s rules have held back top agents and brokerages. But Robert Reffkin also believes that as those rules end, big…
The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull…
In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its…
The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according…