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‘The Machine Is Working’: Opendoor Pushing for Profitability by End of 2026
iBuyer Opendoor is continuing to hold its positive view as it pushed forward with its Opendoor 2.0 initiative to bring the company back to significant profitability, as executives expressed in its Q1 Open House. The company’s Q1 earnings report outlined another mixed quarter for the iBuyer, with several goals met while other metrics remained less…
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How Oppy’s AI Assistants Are Revolutionizing Real Estate—and Why Brokers Can’t Ignore It
When a new lead fills out a contact form at 10:47 p.m. on a Tuesday, the clock starts ticking—but the competition doesn’t wait. In real estate, response time isn’t just a metric; it’s often the difference between securing a client or watching them move onto the next agent. That reality is exactly what inspired serial…
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HomeServices Appoints Lane McCormack President of Berkshire Hathaway HomeServices Beach Properties of Florida
Above, Lane McCormack HomeServices of America has named Lane McCormack president of Berkshire Hathaway HomeServices Beach Properties of Florida. McCormack brings more than 28 years of real estate industry experience to the role, including leadership positions focused on brokerage growth, operations and luxury real estate. She joins Beach Properties following seven years with Ansley Real…
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REMAX Financials Show Decline in U.S. Agent Count Ahead of Merger
REMAX Holdings reported Q1 2026 results on May 8, presumably the company’s last financial report as an independent entity after being acquired by Real Brokerage for $880 million late last month. The disclosure showed total revenue of $70.2 million, down 5.7% year-over-year. Adjusted EBITDA declined 19.3% to $15.6 million, with adjusted EBITDA margin contracting to…
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Labor Market Stabilizes Despite Pressures—But Real Estate Needs More
The United States added 115,000 jobs in April, according to the Bureau of Labor Statistics, significantly beating analysts’ expectations as employers continue to shrug off high energy costs and geopolitical uncertainty—something buyers and sellers have been less willing to do. With an unemployment rate now at 4.3% and an average 48,000 payrolls added per month…
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Rocket Goes Deep on AI Advantage, Compass Partnership in Q1 Earnings Call
Rocket Companies delivered a resounding first quarter showing strong execution despite market volatility, signaling that the company’s three-year transformation into a fully integrated homeownership platform is creating durable competitive advantages that competitors will struggle to replicate. During Rocket Companies’ Q1 earnings call Thursday, CEO Varun Krishna outlined three core themes for the quarter. “First, we…
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