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eXp posts $15.6M loss in Q1 2024 

Housing Wire

While revenue rose at eXp World Holdings during the first quarter of 2024, the firm was still unable to turn a profit due to the challenging housing market. In Q1 2024, the company reported a $15.6 Agent count at eXp kept declining in Q1 2024. million loss compared to a net gain of $1.5 million in Q1 2023.

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Brokerage executives double down on their lead generation strategies

Housing Wire

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

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Seattle-based Coldwell Banker franchise to separate from NAR in 2024

Housing Wire

Coldwell Banker Danforth , a Seattle-based Coldwell Banker franchise, won’t renew its National Association of Realtors (NAR) affiliation at the beginning of 2024, the company announced on Friday. This latest development comes on the heels of several other high-profile departures from NAR.

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Greater Bergen Realtors brings news and analysis to members with HousingWire partnership

Housing Wire

With our commitment to providing insights that housing professionals can make decisions on, HousingWire announced a new partnership with Greater Bergen Realtors , delivering exclusive news, market data and housing research to agents in New Jersey’s Greater Bergen Realtors association. Learn more about HousingWire subscriptions here.

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Coldwell Banker Realty welcomes new Boston team

Housing Wire

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. We are excited to be with a brokerage with such high standards for ethics, professionalism, and organization,” DelRose Jr. Led by Mike DelRose Sr., Mike DelRose Jr.

Realty 390
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Compass settles commission lawsuits for $57.5 million

Housing Wire

Compass has joined the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. Additionally, like the three other brokerage firms that have already settled, Compass has agreed to make changes to its business practices as part of the settlement. This story is developing.

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Majority of recent homebuyers have regrets: survey

Housing Wire

The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025. “We We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. The survey also delved into the use of real estate agents.