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How a controversial TikTok spurred investor pushback: The Download

Aug 4, 2023

When a TikToker claimed that an entire neighborhood was up for sale, the portfolio listing sparked a debate over displacement and institutional investment.

Compass hires former Better Homes and Gardens VP

Aug 3, 2023

Joseph Magsaysay will join Compass' leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. The exec said he's developed a "people first" leadership strategy.

A ‘hyper-authentic approach’: Tom Ferry partners with Client Giant

Aug 3, 2023

The partnership gives Tom Ferry's network of real estate professionals access to the client satisfaction and retention platform, according to a statement.

Redfin narrows losses amid rough Q2 as it braces for more turbulence

Aug 3, 2023

Redfin's Q2 revenue declined 21% year over year to $275.6M, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday.

Compass hires former Better Homes and Gardens executive

Aug 3, 2023

Joseph Magsaysay will join Compass' leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. The exec said he's developed a "people first" leadership strategy.

Airbnb profit jumps 72% as more homes are rented out short term

Aug 3, 2023

Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday.

Opendoor rebounds with profitable Q2 despite steep revenue decline

Aug 3, 2023

The iBuying giant sold fewer homes and brought in less cash in Q2 2023 than it did during the same time in 2022, but it still managed to end up in the black to the tune of $23 million.

Seattle-based regional bank HomeStreet reportedly up for sale

Aug 3, 2023

Regional banks have largely weathered the crisis fueled by this year's failures of Silicon Valley Bank, Signature Bank and First Republic Bank by pursuing mergers and boosting deposits through third-party brokers.

Vrbo bookings suffer in Q2 as more travelers opt for hotels in 2023

Aug 3, 2023

The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday.

Will Zillow’s Listing Showcase jolt agents with pay-per-listing pivot?

Aug 3, 2023

Zillow's new product represents a new business model — from pay-per-lead to pay-per-listing — that mirrors the way profitable international peers monetize their market-leading positions.

HomeServices appeal dismissed as court eyes October for Sitzer trial

Aug 3, 2023

The ruling against HomeServices of America in federal court on Wednesday sets the stage for a likely Oct. 16 start for the first of two highly anticipated bombshell commission trials later this year.

RE/MAX revenue, US agent count continue decline in second quarter

Aug 3, 2023

While the brokerage's overall head count rose modestly to 144,510 agents in the second quarter, its agent count declined in the U.S. by 6.3 percent, to 56,987, according to a Q2 earnings call Wednesday.