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The Agency Seattle’s No. 1 broker realigns with Engel & Völkers

USA Real Estate News-Inman - Tue, 2024-02-27 18:40
Alee Heidar is a rising star and was The Agency Seattle's No. 1 broker for the past two years. Now he and his brother, Yama Heidar, have joined Engel & Völkers Kirkland.

Realeflow’s latest listing prediction solution is ready for rollout

USA Real Estate News-Inman - Tue, 2024-02-27 18:20
Realeflow, a software company that applies AI-backed predictive analysis and machine learning to identify seller activity, has released a new version of its Sellability Score AI model.

Redfin’s focus on cost-cutting begins to pay off in Q4 earnings

USA Real Estate News-Inman - Tue, 2024-02-27 17:02
Redfin continued its recovery during the fourth quarter, with revenue declining 2 percent year over year to $218.1 million — a near 180 from its Q1 and Q2 showings where annual revenue declines topped 20 percent. 

Compass lifts agent count in Q4 but falls short of positive cash flow

USA Real Estate News-Inman - Tue, 2024-02-27 16:41
The fast-growing brokerage also suffered a net loss of $83.7 million in the quarter, which was an improvement compared to the loss one year earlier.

Mark Willis takes aim at Anywhere in ‘State of the Company’ remarks

USA Real Estate News-Inman - Tue, 2024-02-27 16:27
In his first Family Reunion address since returning as CEO of Keller Williams last year, Mark Willis called on agents to rise up and topple Anywhere, the world's largest real estate franchisor.

Consumer Confidence Retreated in February

USA Real Estate News-RISMedia - Tue, 2024-02-27 16:11

After hitting a two-year high last month, consumer confidence fell in February to 106.7, down from a revised 110.9 in January, according to the latest data from The Conference Board. “The decline in consumer confidence in February interrupted a three-month rise, reflecting persistent uncertainty about the U.S. economy,” said Dana Peterson, chief economist at The…

The post Consumer Confidence Retreated in February appeared first on RISMedia.

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