Amidst challenging market conditions, the real estate franchisor’s total revenue was down 8.7 percent year over year to $81.2 million, coming just shy of analysts’ expectations. The company also suffered a net loss of $59.5 million.
Source: Inman News
RE/MAX sees revenue decline for 5th consecutive quarter
More from BrokerageMore posts in Brokerage »
- The modern tech stack agents and brokerages need now: Streaming
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Here’s the essential reading on the Compass-Anywhere deal
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
- Enduring elegance: Leadership lessons from Giorgio Armani
More from earningsMore posts in earnings »
- RE/MAX stays profitable as US agent count, revenue decline
- Tech, scale and strategy fuel Q1 wins across real estate
- Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
- Rocket says it could close Redfin acquisition as soon as this quarter
- Investors cheer as Guild grows Q1 mortgage originations by 35%
More from earnings reportMore posts in earnings report »
- Offerpad sees declining revenue, but trims losses during Q2
- Q1 not so bad after all, nCino says in surprise sneak peek at earnings
- Compass grew virtually every metric that matters in Q1
- Opendoor saw rising losses in Q4, but managed to boost revenue
- EXp Q4 earnings mixed as revenue ticks up but agent count falls
More from moehrlMore posts in moehrl »
- Lead counsel for Moehrl targets ‘deceptive practices’ in new real estate industry investigation
- NAR’s new law firm for antitrust suits charges up to $3K an hour
- Court grants final approval to NAR’s landmark settlement deal
- NAR’s settlement is up for final approval. Here’s why that matters
- NAR Chief Legal Officer Katie Johnson is ‘stepping down’
More from News BriefMore posts in News Brief »
More from Nick BaileyMore posts in Nick Bailey »
- RE/MAX Canada president steps down amid leadership turnover
- RE/MAX President Amy Lessinger announces resignation
- Industry vet Nick Bailey joins T3 Sixty as chief real estate officer
- RE/MAX announces more changes in its C-suite offices as COO resigns
- Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford
More from re/maxMore posts in re/max »
- When it comes to condo vs. townhome value, location matters
- 3 keys to creating a 5-star client experience in a challenging market
- Drunken gunman, new legal filing, Roseanne Barr: Inman’s Top 5
- ‘Divine’ timing brings $80M Texas broker to eXp Realty
- RE/MAX purchases Compass’ North Shore offices in Chicago
More from SEC filingMore posts in SEC filing »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from sitzerMore posts in sitzer »
- Real estate still adapting to new normal a year after new NAR rules
- More than 2.5M people have made commission settlement claims
- Real estate agent commissions are not falling off a cliff
- Howard Hanna demands judge’s recusal over political donations
- Commission settlement against Side and others gets first approval
More from Steve JoyceMore posts in Steve Joyce »
Be First to Comment