eXp posts steady Q1 earnings, reinforces Clear Cooperation stance

eXp World Holdings, the parent company of eXp Realty, reported first-quarter 2025 earnings on Tuesday that highlighted modest growth in revenue, an assertive stance on real estate listing transparency and investments in artificial intelligence (AI). The company reported revenue of $954.9 million for the quarter, an increase of 1% year over year. Adjusted EBITDA was $2.2 million. Cash and cash...

Your voice matters: Shape the future of real estate in your community

The real estate industry is facing another change. This isn’t the first time, and it won’t be the last.  In 1908, agents formed the National Association of Real Estate Exchanges, a precursor to the National Association of REALTORS® (NAR). They soon formalized a code of ethics and operating policies. Written agreements became commonplace. Today, these are known as an Exclusive Right To Sell or a...

Redfin reports falling revenue, higher losses in Q1 2025

Despite the buzz around being acquired by Rocket Companies, the first quarter of 2025 was a rough one for Redfin.  In a document filed with the Securities and Exchange Commission (SEC) on Tuesday, Redfin announced that it recorded $221.0 million in revenue in Q1 2025, down 2% annually, while its net loss for the quarter came in at $92.5 million, up from a net loss of $66.8 million in Q1...

Trump wants to cut rental assistance. His first-term budget requests show he’s serious

The Trump administration released an outline of its 2026 federal budget proposal on Friday, and it calls for steep cuts to the U.S. Department of Housing and Urban Development (HUD). The cuts total $32.9 billion, and they include the elimination of three programs in their entirety. The document — compiled by Russell Vought, director of the White House Office of Management and Budget (OMB) — is not a...

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