
Compass explores possibility of franchising, company says
CEO Robert Reffkin floated the idea of a franchise brand during an earnings call Tuesday, describing it as a "more profitable" method of growing the business.
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Rocket posts its first loss since going public, and it’s a doozy
Rocket reported a $493 million fourth-quarter net loss even after slashing expenses by $202 million from the third quarter as revenue fell 81 percent from a year ago to $481 million. Rocket executives say they're focused on growing the company's share of the purchase loan market through partnerships
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EXp cites ‘volatile housing market’ for double-digit sales decline in Q4
EXp World Holdings' revenue increased 13 percent to $933 million in Q4 2022 as closed transaction sides and volume fell by 13 percent and 16 percent, respectively, according to an earnings call Tuesday afternoon.
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Compass revenue falls in Q4 — but losses narrow despite ‘difficult year’
In a Q4 earnings report Tuesday, Compass announced that between October and December of last year, it brought in $1.11 billion in revenue, down from $1.6 billion during the same period in 2021.
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