NAR

Opendoor Announces First Quarter of 2024 Financial Results

Retrieved on: 
星期四, 五月 2, 2024
Net income, Contribution margin, NAR, Webcast, NPS, Wheeler, Adjustment, GAAP, SAN, Renting

SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its first quarter ended March 31, 2024.

Key Points: 
  • SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its first quarter ended March 31, 2024.
  • Opendoor’s first quarter 2024 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com.
  • “Our first quarter results exceeded the high end of our guidance across revenue, Contribution Margin, and Adjusted EBITDA.
  • Opendoor will host a conference call to discuss its financial results on May 2, 2024, at 2:00 p.m. Pacific Time.

Pending Home Sales Ascended 3.4% in March

Retrieved on: 
星期四, 四月 25, 2024
NAR, Growth, Housing, Real estate

Compared to one year ago, pending home sales declined in the Northeast and South while the Midwest and West improved.

Key Points: 
  • Compared to one year ago, pending home sales declined in the Northeast and South while the Midwest and West improved.
  • Pending home sales in March climbed 3.4%, according to the National Association of Realtors®.
  • The Pending Home Sales Index (PHSI)* – a forward-looking indicator of home sales based on contract signings – increased to 78.2 in March.
  • “Job gains, steady mortgage rates and the release of inventory from pent-up home sellers will lead to more sales,” explained Yun.

Existing-Home Sales Descended 4.3% in March

Retrieved on: 
星期四, 四月 18, 2024
Environment, Total, NAR, Overalls, Freddie Mac, National Association, Housing, Cryptocurrency

Among the four major U.S. regions, sales slid in the Midwest, South and West, but rose in the Northeast for the first time since November 2023.

Key Points: 
  • Among the four major U.S. regions, sales slid in the Midwest, South and West, but rose in the Northeast for the first time since November 2023.
  • First-time buyers were responsible for 32% of sales in March, up from 26% in February and 28% in March 2023.
  • Distressed sales[5] – foreclosures and short sales – represented 2% of sales in March, virtually unchanged from last month and the prior year.
  • Existing-home sales in the Northeast climbed 4.2% from February to an annual rate of 500,000 in March, ending a four-month streak where sales in the Northeast registered 480,000 units.

Second Century Ventures Announces 8 Companies for 2024 REACH Scale-Up Program

Retrieved on: 
星期三, 四月 17, 2024
Education, Sale, NAR, REACH, National Association, Curriculum, Real estate

Chicago, April 17, 2024 (GLOBE NEWSWIRE) -- Second Century Ventures, the strategic investment arm of the National Association of Realtors® and the most active global real estate technology fund, today announced the acceptance of eight companies to the 2024 REACH program.

Key Points: 
  • Chicago, April 17, 2024 (GLOBE NEWSWIRE) -- Second Century Ventures, the strategic investment arm of the National Association of Realtors® and the most active global real estate technology fund, today announced the acceptance of eight companies to the 2024 REACH program.
  • “Through the REACH scale-up program, we’re catalyzing transformative advancements at the intersection of technology and real estate,” said Mark Birschbach, NAR’s senior vice president, strategic business innovation and technology.
  • “The eight companies selected for the 2024 REACH program are at the forefront of the industry’s greatest challenges and opportunities,” said Ashley Stinton, managing partner, NAR REACH.
  • “These companies are poised to significantly advance the real estate landscape in the year ahead and for many to come,” said Dave Garland, managing partner, Second Century Ventures.

Realeflow Introduces Leadflow AI Agent, an AI-based Lead Generation Platform for Real Estate Agents and Brokers

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星期二, 四月 30, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Technology, Construction & Property, Professional Services, Business, Data Analytics, Software, Artificial Intelligence, Internet, Other Construction & Property, ROI, Learning, NAR, AI, Machine learning, Zillow, Artificial intelligence, Intelligence, Keller Williams Realty, Marketing, Real estate

Realeflow , a leading data and real estate software solution for real estate investors, agents and brokers nationwide, today introduced Leadflow AI Agent, which allows agents and brokers to identify and market to homeowners just as they are entering the motivated-to-sell stage.

Key Points: 
  • Realeflow , a leading data and real estate software solution for real estate investors, agents and brokers nationwide, today introduced Leadflow AI Agent, which allows agents and brokers to identify and market to homeowners just as they are entering the motivated-to-sell stage.
  • “Leadflow AI Agent can help agents dramatically increase qualified lead flow.
  • Leadflow AI Agent uses artificial intelligence, predictive analytics and machine learning to identify and target homeowners before they list with other agents, so that Leadflow AI Agent users can contact them first.
  • Leadflow AI Agent utilizes data and artificial intelligence that Realeflow has deployed and enhanced since 2019 in its Leadflow product for real estate investors.

reAlpha Tech Corp. Launches Claire, Real Estate’s First AI-powered, Zero-Commission Smart Buyer’s Agent

Retrieved on: 
星期三, 四月 24, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Finance, Professional Services, Software, Internet, Data Management, Artificial Intelligence, Residential Building & Real Estate, NAR, Artificial intelligence, National Association, AIRE, Real estate

reAlpha Tech Corp. (“reAlpha”) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the launch of Claire, the real estate industry’s first generative AI-powered, zero-commission Smart Buyer’s Agent.

Key Points: 
  • reAlpha Tech Corp. (“reAlpha”) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the launch of Claire, the real estate industry’s first generative AI-powered, zero-commission Smart Buyer’s Agent.
  • Claire offers a cost-free alternative for homebuyers by utilizing an AI-driven workflow that guides them through the home buying process.
  • Homebuyers can use Claire’s innovative conversational interface to guide them through every step of their journeys, from property search to closing the deal.
  • Its capabilities are complemented and supported by a team of licensed agents all powered by reAlpha Realty, LLC (“reAlpha Realty”), reAlpha’s fully licensed and insured real estate brokerage based in Miramar, Florida.

Intero’s David Guardanapo Inducted to NAR’s 30 Under 30 Class of 2024

Retrieved on: 
星期二, 四月 23, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, NAR, National Association, Life, Silicon, Berkshire Hathaway, Creativity, Knowledge, Real estate

Intero, a Berkshire Hathaway affiliate and wholly owned subsidiary of HomeServices of America, Inc., is pleased to announce recognition of David Guardanapo to the National Association of REALTORS® (NAR) 30 Under 30 Class of 2024.

Key Points: 
  • Intero, a Berkshire Hathaway affiliate and wholly owned subsidiary of HomeServices of America, Inc., is pleased to announce recognition of David Guardanapo to the National Association of REALTORS® (NAR) 30 Under 30 Class of 2024.
  • His goals are simple: use expert negotiation skills to ensure his buyers and sellers get the best possible price and terms.
  • David recognizes and values the trust his clients place in him and strives to exceed their expectations.
  • View the complete list of the 25th class of honorees on the NAR web site .

Henry Schein Supports The ‘Carry The Load’ Memorial May Campaign For Third Consecutive Year

Retrieved on: 
星期四, 四月 18, 2024
Veterans, Defense, Other Health, Other Philanthropy, Other Professional Services, Other Defense, Medical Devices, Environmental, Social and Governance (ESG), Social Services, Professional Services, Philanthropy, Dental, Public Policy, Government, Medical Supplies, General Health, Surgery, Health, Law Enforcement, Emergency Services, Military, Henry, Education, NAR, VET, DOD, Woman, Load, Memorial Day, United States Navy, Schein, Memorial, Employee resource group, Organization, Veteran, Management

As a national sponsor, Henry Schein is supporting activities being held across the U.S. during May through its businesses and corporate organizations.

Key Points: 
  • As a national sponsor, Henry Schein is supporting activities being held across the U.S. during May through its businesses and corporate organizations.
  • The participating businesses include North American Rescue (NAR), Henry Schein Dental, Henry Schein Medical, and Henry Schein One, joined by Henry Schein Cares, the Company’s global corporate social responsibility program, and Henry Schein’s Veterans Engagement Team (VET) Employee Resource Group.
  • Henry Schein Cares, NAR, Henry Schein Dental, Henry Schein Medical, and Henry Schein One will sponsor the following community events and the Dallas Memorial March:
    “Giving back to the communities we serve is an important part of our Team Schein culture,” said Ron South, Executive Sponsor of Henry Schein’s Veterans Engagement Team, and Chief Financial Officer.
  • The Company is also a DOD SkillBridge authorized organization, providing service members with opportunities to enhance various skills through Henry Schein externships.

Real Brokerage Agent Survey Reflects Continued Optimism Ahead of Anticipated Industry Changes

Retrieved on: 
星期二, 四月 16, 2024
Technology, Residential Building & Real Estate, Construction & Property, Other Technology, Sale, NAR, Housing, MLS, National Association, Growth, Culture, Tick, Optimism, Real estate

The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today announced results from its March 2024 Agent Survey, offering insights into housing market trends and real estate agent expectations across the United States and Canada.

Key Points: 
  • The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today announced results from its March 2024 Agent Survey, offering insights into housing market trends and real estate agent expectations across the United States and Canada.
  • The survey reveals continued optimism among agents about future market conditions in both the United States and Canada, despite expectations of a continued year-over-year decline in industry transactions in March.
  • The survey also highlights agent expectations for improved transparency and readiness as the industry prepares to implement practice changes associated with the National Association of Realtors (NAR) recently announced settlement agreement.
  • “We are grateful for the perspectives of our growing agent base, which has now surpassed the 17,000 milestone,” said Tamir Poleg, Chairman and CEO of Real.

Redfin Survey: Over One-Quarter of Recent Homebuyers Have No Idea How Much Their Agent Was Paid

Retrieved on: 
星期四, 四月 11, 2024
Internet, Other Construction & Property, Residential Building & Real Estate, Technology, Construction & Property, Sale, Real, History, Qualtrics, NAR, News, National Association, Life, Real estate

(NASDAQ: RDFN) — More than one-quarter of recent homebuyers (28%) have no idea how much their agent was paid, and 17% have no idea how the amount was determined, according to a new report from Redfin ( www.redfin.com ).

Key Points: 
  • (NASDAQ: RDFN) — More than one-quarter of recent homebuyers (28%) have no idea how much their agent was paid, and 17% have no idea how the amount was determined, according to a new report from Redfin ( www.redfin.com ).
  • A similar share—19%—have no idea who paid their agent.
  • This report focuses on the roughly 120 respondents who indicated they bought a home in the last year and used an agent.
  • “Home sellers often have a candid conversation about fees with their agent before signing an agreement to work together.