Shares in Offerpad hit a new all-time low in after-hours trading Monday after the iBuyer reported that it continues to trim its losses but expects further declines in revenue and homes sold in the third quarter.
Source: Inman News
Offerpad trims Q2 loss, but sales and revenue continue to slide
Published in Brian Bair, buy box, earnings reports, ibuyer, Industry News, Markets & Economy, offerpad, q2 2024 earnings and Select
More from Brian BairMore posts in Brian Bair »
- Offerpad CEO on the company’s 4% solution for real estate agents
- Offerpad launches transaction oversight portal for agent partners
- Offerpad takes cash offer program to Realtor.com
- Offerpad narrows Q4 loss, expects to be back in black later this year
- Real estate CEOs: Big changes from bombshell suits ‘improbable’
More from buy boxMore posts in buy box »
More from earnings reportsMore posts in earnings reports »
More from ibuyerMore posts in ibuyer »
More from Industry NewsMore posts in Industry News »
- Kathleen Lappe named Innovator of the Year at NAR’s iOi Summit
- Coldwell Banker recruits Boston team away from Compass
- CoStar Group dismisses year-old lawsuit against Homesnap founder
- Unlock set to expand product set, footprint with $30M Series B
- Top Florida indie the Keyes Company settles commission suits
More from Markets & EconomyMore posts in Markets & Economy »
- Weak jobs report drags down stock indexes — and mortgage rates
- Maryland- and Canada-based real estate teams join eXp Realty
- Navigating economic turbulence to elevate your real estate career
- Is good news finally on the horizon for the real estate industry?
- Second-home buyer’s remorse: 6 tips for prevention
More from offerpadMore posts in offerpad »
- Offerpad CEO on the company’s 4% solution for real estate agents
- Gains and losses amid market shifts: Q2 2024 earnings
- Offerpad confirms layoffs after ‘restructuring’ amid down market
- Offerpad launches transaction oversight portal for agent partners
- Black homesellers get better offers with iBuyers, but there’s a catch
More from q2 2024 earningsMore posts in q2 2024 earnings »
More from SelectMore posts in Select »
- NAR vows to take its DOJ beef all the way to the top: The Download
- Weak jobs report drags down stock indexes — and mortgage rates
- Maryland- and Canada-based real estate teams join eXp Realty
- Navigating economic turbulence to elevate your real estate career
- Properly position homebuyers with this winning 5-part offer strategy
Be First to Comment