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2024’s third quarter dragged down Redfin’s financials, according to the company’s latest earnings report.  Redfin’s revenue declined to $278 million, down from $295 million during Q2 2024, but was up 3% year-over-year from Q3 2023’s $269 million. The company also saw a net loss of $33.8 million, a larger loss than $27.9 million in Q2…

The post Redfin CEO Apologizes to Shareholders After Profit Eludes Company in Q3 Earnings Report appeared first on RISMedia.

State officials estimated that Measure 4 would cost North Dakota $3.15 billion in lost revenue over two years. Realtor.com Chief Economist Danielle Hale cautioned that while North Dakota’s property tax system might benefit from reform, eliminating it entirely could create even greater challenges.

Above, Darryl Davis The real estate industry is on the verge of facing significant legal challenges. While recent lawsuits have targeted commission structures and transparency, two lesser-discussed practices could be next in line for scrutiny: the National Association of REALTORS®’ (NAR) Clear Cooperation Policy and the requirement that agents must join NAR to gain access…

The post Real Estate’s Legal Storm: Two Policies That Could Trigger Major Lawsuits appeared first on RISMedia.

DropOffer has released a fully refreshed browser version of its off-market home sales platform.

Tune in to Inman Access, and learn how educating clients through special events can strengthen relationships and keep your lead-gen pipeline full.

It was a busy three months for Fathom Holdings.  Despite continued housing market challenges, company officials seemed generally optimistic about its growth trajectory following several critical developments in the third quarter, including reaching a settlement agreement in the commission lawsuits.  “We’re pleased to report a quarter marked by continued progress and strategic advancements, even as…

The post Strategic Acquisitions Bolster Fathom Agent Count and Trajectory in Q3 appeared first on RISMedia.

10 of the Best REITs to Buy for 2025 | Investing  U.S News & World Report Money

Sign up for LFP's newest newsletter – Homes In London  The London Free Press

Davis and her team, the Wendy Davis Group, join the firm from eXp Realty. Davis will manage operations at Coldwell Banker Realty's Sherman Oaks and Studio City offices.

Focusing on listings is the best way to flourish in the new year. Jimmy Burgess offers strategies to make it achievable.

Global real estate brokerage eXp announced mixed financial results for the third quarter of 2024, with revenue up 2% year-over-year but a net income loss of $6.5 million, mostly due to $18 million in antitrust settlement legal expenses, the company reported during an earnings call Thursday. However, eXp’s adjusted net income reached $7.8 million, a…

The post eXp Reports Mixed Q3 Results with Revenue up 2% YOY and Net Income Loss of $6.5 Million appeared first on RISMedia.

Expedia’s net income for Q3 was $684 million, with adjusted net income of $809 million — significant improvements compared to Q2 2024, when net income was $386 million and adjusted income was $469 million.

Lock in a mortgage rate after the Fed cuts? This might be your last chance  USA TODAY

From left, Kuba Jewgieniew, Cory Vasquez and John Featherston. Photo by AJ Canaria In a panel discussion at RISMedia’s CEO & Leadership Exchange this past September, key industry executives came together to tackle the pressing topic of creating and maintaining strong company cultures in real estate. With the focus on culture, collaboration and leadership, Kuba…

The post Real Estate Leaders Remain Focused on Growth and Innovation appeared first on RISMedia.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

The National Advertising Division on Friday denied CoStar's challenge to Realtor.com's "No. 1 site real estate professionals trust" tagline. CoStar said it's based on outdated data. NAD disagreed.

Miami leads Top 50 US metros in the US with largest decline in home prices  Islander News.com

Howard Lorber, the former chairman, president and CEO of Douglas Elliman Inc., allegedly admitted during an internal investigation to having intimate relationships with two of the company’s women brokers, according to a report by Bloomberg. The finding came during a video conference call on October 8, a few weeks before Lorber stepped down from leading…

The post Former Douglas Elliman CEO Allegedly Admitted to Relationships With Female Brokers Before Retirement appeared first on RISMedia.

The company's Q3 revenue clocked in at $83.7 million while net losses rose to $8.1 million as Fathom faced an uncertain market and dealt with expenses related to a $3 million NAR settlement contingency.

Treasury issues final rule expanding CFIUS coverage of real estate transactions around 60+ military installations  Drgnews