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Show Notes
Consider donating to those impacted by the fires on Maui. Click here to give now (tax deductible).
Judge denies Zillow’s motion for summary judgment in the REX suit: Judgment on Zillow’s motion for summary judgment on REX’s antitrust claim was deferred.. Read more
Compass drives down losses, lifts agent count amid Q2 revenue slide: Compass’ 2Q revenue dropped 26% year over year to $1.5B, according to an earnings call. Despite lower revenue, the brokerage reached free cash flow positivity and slimmed net losses. Read more
The Real Brokerage more than doubles revenue, agent count in Q2: NYC-based Real Brokerage’s Q2 revenue increased 65% year over year to $185.3M. Despite raising fees in Q1, its agent count grew 105% year over year, according to an earnings report. Read more
Fathom Realty trims its losses during Q2 as agent count grows: Fathom logged a net loss of $4.3M during Q2, an improvement over the $5.7M loss logged during Q1. Read more
July CPI Report: What the experts are saying about inflation. Read more
Total household debt reaches $17.06 Trillion in Q2 2023: Credit card debt exceeds $1 Trillion. Read more
Music by: Gloria Tells from Epidemic Sound