Florida-based Real Brokerage, like many other big players in the industry, is seeking to grow through acquisition. Its deal to purchase REMAX, announced in the spring, was part of a larger trend of big brokerages consolidating in the face of a challenging market and an uncertain policy landscape. But unlike many of its rivals, Real…
Realtors Property Resource®, LLC (RPR)—a subsidiary of the National Association of Realtors® (NAR)—has announced the promotions of Emily Line to chief strategy officer and Janine Sieja to chief product officer. RPR stated that these promotions build on the leadership Line and Sieja already provide across RPR. In their expanded roles, they will help shape RPR’s…
Zillow Group reported an 18% increase in second-quarter revenue Wednesday, topping its high-end forecast even as the online real estate giant posted a narrow net loss over the quarter, just one day after announcing 500 layoffs companywide. The results outpaced the overall 6% growth in the U.S. real estate industry over the same period a…
Those shopping for a home or a refinance for a lower rate appear to be moving back to the sidelines this past week, as application activity for both has declined for a second consecutive week following mortgage rates rising to their highest point in more than a year. The latest Market Composite Index from the…
The post Home Shoppers Pull Back as Rates Hit Highest Point in Over a Year appeared first on RISMedia.
AGNT, Inc., the parent company of eXp Realty and NextHome, reported record second quarter 2026 revenue of $1.4 billion, up 11% from a year ago, as leaders credited agent productivity and AI investments for the gains. The Bellingham, Washington-based company, which rebranded from eXp World Holdings earlier this year, posted adjusted EBITDA of $25.7 million…
Following its recent acquisition of Fathom Holdings, Bed Bath & Beyond, Inc. has announced a shift in its branding, now changing its name to Neighborhood Intelligence, coupled with a new Nasdaq ticker of NXH. The formal change will take place on Aug. 17, as the company announced the shift in a letter to shareholders penned…
In his continued movement of expanding seller choice across real estate, Compass CEO Robert Reffkin said he expects “more than 90% of MLSs to have rules that allow sellers to market both Private Exclusives and Coming Soons by the end of the year” during the company’s recent Q2 earnings call. In presenting to investors, Reffkin…
Zillow has laid off 500 employees—about 7% of the portal’s 7,000 employees—in order to ensure a “disciplined cost structure” across the portal, according to an announcement by CEO Jeremy Wacksman today. In a blog post attributed to Wacksman, ahead of Wednesday’s Q2 2026 earnings release and investor call, the Zillow CEO described these “organizational changes”…
The latest home price and affordability data report from the National Association of Realtors® (NAR) released Aug. 4 shows more than 80% of metro markets (176 out of 221) saw home-price increases in the second quarter of 2026, an increase from 71% in the first quarter, while 5% of metro areas recorded double-digit price gains,…
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. When a real estate agent takes a look at their calendar on any given day, there’s a good chance a significant chunk of time isn’t spent sitting behind…
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