Core Insights - eXp Realty has launched a Co-Sponsor Program aimed at enhancing collaboration and wealth-building among agents and commercial advisors [1][2][3] Group 1: Program Overview - The Co-Sponsor Program allows new agents to select both a Primary Sponsor and a Co-Sponsor, providing access to two leaders for enhanced support [2][4] - The program is set to launch on May 1, 2025, and will not alter the existing sponsorship structure [3][7] - Co-Sponsors will receive level 1 revenue share and a Fast Start bonus, incentivizing experienced leaders to assist agents beyond their direct downline [3][7] Group 2: Strategic Implications - The initiative is designed to accelerate agent growth and organizational scalability by enabling experienced leaders to support agents outside their own organizations [4][7] - The Co-Sponsor Toolkit, which includes training and resources, is available to help agents maximize the benefits of the program [5][6] - The program aims to deepen the collaborative culture within eXp Realty, fostering a more supportive environment for agents [2][4] Group 3: Company Background - eXp Realty is the largest independent real estate brokerage globally, with nearly 83,000 agents across 25 international locations [6] - The company operates as a cloud-based, agent-centric brokerage, offering competitive commission splits, revenue share, and equity ownership opportunities [6]

Core Insights - Oralia Herrera, Broker/Owner of CENTURY 21 TK Realty Inc., has been appointed as the 2025 President of the National Association of Hispanic Real Estate Professionals (NAHREP), marking a significant achievement for the CENTURY 21 brand in its long-standing relationship with NAHREP [1][3][5] Group 1: Leadership and Advocacy - Herrera has a 35-year background in the real estate industry and has been actively involved in NAHREP, including founding NAHREP Chicago North and serving on the National Board of Directors [3][4] - As NAHREP President, Herrera aims to advocate for Hispanic homeownership and empower Hispanic real estate professionals across the nation [3][4] Group 2: Hispanic Homeownership Trends - The 2024 NAHREP State of Hispanic Homeownership Report indicates that, despite a slight decline in the overall U.S. Hispanic homeownership rate, the number of Hispanic households owning homes has reached an all-time high, contributing to over a third of total homeownership growth in the U.S. for the second consecutive year [4][7] - The CENTURY 21 brand recognizes the importance of Hispanic consumers in the future of homeownership and is committed to enhancing representation within the industry [4][5] Group 3: Brand Commitment and Resources - CENTURY 21 has a network of independent agents and brokers, with nearly 10% identifying as Spanish-speaking, equipped with resources to cater to the unique needs of Hispanic home buyers and sellers [4][5] - The brand emphasizes the importance of advocacy and access to resources for all communities to achieve homeownership, aligning with NAHREP's mission [5]

Core Insights - RE/MAX Holdings, Inc. announces the retirement of Motto Mortgage and wemlo President and CEO Ward Morrison, effective June 15, 2025, with Morrison remaining in a consultative role until the end of 2025 [1][4] Company Overview - RE/MAX Holdings, Inc. is a leading franchisor in the real estate industry, operating under the RE/MAX® brand globally and the Motto® Mortgage brand in the U.S. [6] - The company was founded in 1973 and has grown to over 145,000 agents in nearly 9,000 offices across more than 110 countries, making it the largest real estate sales organization in terms of total residential transaction sides [6] Leadership Transition - Morrison played a crucial role in the development and launch of Motto Mortgage in 2016, establishing a unique business model that supports entrepreneurs in building mortgage businesses [2][5] - Adam Sartin, Vice President of Franchise Growth & Development, will lead the Motto Mortgage and wemlo brands during the search for Morrison's successor [4] Morrison's Contributions - Morrison's leadership has significantly impacted the real estate and mortgage industries, and he expressed pride in the accomplishments of Motto Mortgage since its inception [5][6] - His decision to retire is influenced by personal reasons, including a focus on family and personal fulfillment [3][4]

Core Insights - Sotheby's International Realty announced the addition of HRLS Partners, a leading luxury real estate team, which has achieved a total lifetime sales volume of $2.42 billion and nearly 1,300 transactions [1][2] - HRLS Partners has been recognized as one of the "Top 1,000 Agent Teams in America" and achieved the highest average sales price of $3 million in the Capital Region in 2023 [2] - The partnership aims to leverage Sotheby's global brand and marketing resources to enhance their service offerings in the luxury real estate market [4] Company Overview - HRLS Partners consists of four members with a combined 70 years of experience in luxury real estate across D.C., Maryland, and Virginia [2] - The team recently completed a notable sale of an estate for $11.2 million in McLean, Virginia [2] - TTR Sotheby's International Realty will now operate 13 offices in the Washington, D.C. area, with HRLS Partners helping to establish a new office in Cleveland Park [3] Strategic Growth - The addition of HRLS Partners is seen as a significant milestone in TTR Sotheby's strategic growth, enhancing their presence in the luxury market [3] - The partnership is expected to create exceptional opportunities for both clients and agents, leveraging HRLS's market knowledge and reputation for excellence [3] - Sotheby's International Realty has a global network that spans 84 countries and territories, providing extensive marketing exposure for listings [4][6]

Core Points - Michelle Fermin of CENTURY 21 North East has been inducted into the CENTURY 21® Dick Loughlin International Hall of Fame for her contributions to the real estate profession and community service [1][2][3] - The Hall of Fame recognizes elite independent sales professionals within the CENTURY 21 System, requiring a minimum of 10 years of affiliation and eight years at CENTURION® level production [2] Company Overview - Century 21 Real Estate LLC is a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS) and operates over 11,000 offices across 79 countries, employing more than 130,000 independent sales professionals [6][7] - The company provides industry-leading tools, resources, and marketing assets to its members, enhancing their ability to serve clients effectively [6] Achievements and Contributions - Fermin has led her team, The Fermin Group, to significant industry recognitions, including being ranked as the 5 Top Latino Team by the National Association of Hispanic Real Estate Professionals in 2024 and the CENTURY 21 1 Obsessed 6 Team in the US by AGC in both 2023 and 2024 [3][4] - Fermin is also the founder of We Women United, a nonprofit organization aimed at supporting women in business, and has initiated the Andres Castañeda Real Estate Scholarship to honor a late team member and support aspiring real estate agents [3][4] Community Engagement - Fermin actively participates in local afterschool programs to educate aspiring real estate professionals and has been involved in community service initiatives that empower young women facing domestic challenges [4]

Core Insights - Georgia's real estate market is currently experiencing significant demand from homebuyers, driven by both relocations and the establishment of secondary homes in cities like Atlanta and Savannah [1][6][10] - SERHANT, a New York-based real estate brokerage, has expanded into Georgia, launching operations in Savannah in February and Atlanta in November of the previous year [2][3] - The state's economy is vibrant, with a reported 3.1% growth in 2024 and the creation of 60,400 jobs, contributing to the real estate market's strength [5][10] Economic Factors - The presence of Fortune 500 companies in Atlanta and significant job creation in Savannah, including Hyundai's multi-billion-dollar investment, are key drivers of the local economy [3][10] - Georgia's real estate market saw over 121,500 closed sales and nearly 121,900 pending sales in the previous year, reflecting slight increases of 0.3% and 0.5% respectively [6] - The median sales price of homes in Georgia increased by 2.9% year-over-year, indicating ongoing demand in both urban and suburban areas [6] Market Trends - There is a notable balance in demand between urban and suburban areas, with a 50-50 split in buyer interest, influenced by lifestyle changes post-COVID [7][8] - Atlanta's entertainment industry, including a growing film and music scene, is attracting more residents and contributing to the real estate market's appeal [9] - The city experienced a 4.9% increase in pending home sales and a 3.4% increase in closed sales during 2024, showcasing a healthy market [10] Future Projections - SERHANT anticipates a potential tenfold increase in the Georgia real estate market over the next five years, contingent on job growth and interest rate trends [11][12] - The Selig Center for Economic Growth predicts Georgia's population will grow at double the national average by 2025, further supporting real estate demand [15] - By 2050, the Atlanta region is expected to see an increase of 1.8 million in population, indicating long-term growth potential for the housing market [16]

Core Insights - eXp Realty is recognizing its top-performing agents and teams for their production in 2024, highlighting excellence in sales volume and transaction sides, which raises industry standards [1][2] Company Overview - eXp World Holdings, Inc. is the parent company of eXp Realty and SUCCESS Enterprises, with eXp Realty being the largest independent real estate brokerage globally, boasting nearly 83,000 agents across 25 international locations [6] - The company operates as a cloud-based, agent-centric brokerage, offering industry-leading commission splits, revenue share, equity ownership opportunities, and a global network for agents [6] Performance Highlights - Top Individual Agent in Sales Volume: Chandra Vennapusa closed $101,252,631 on 98 sides, showcasing expertise and commitment [7] - Top Individual Agent in Sides Closed: Lori Adamson led with 271 sides closed, reflecting a client-first approach [7] - Top Team in Sales Volume: Kyle Whissel's team closed $609,442,262.02 on 782 sides, demonstrating high-performance teamwork [7] - Top Team in Sides Closed: The Pemberton Homes Team achieved 1,204 closed sides, setting a high standard for collaboration [7] - Top Team in Canada: Justin Havre's team closed $509,349,077.76 in sales volume and 918.92 sides, solidifying their top position [7] - Top Individual Agent in Canada: Gary Geng closed $136,207,204.77 on 47 sides, proving his market expertise [7] - Top Individual Agent by Sides Closed in Canada: Shannon Runcie closed 125.25 sides, demonstrating market navigation skills [7]

Core Insights - eXp Realty has recognized its top-performing agents and teams for 2024, highlighting excellence in sales volume and transaction sides, which sets a high standard for the real estate industry [1][2] Company Overview - eXp Realty is a core subsidiary of eXp World Holdings, Inc. and is described as the largest independent real estate brokerage globally, with nearly 83,000 agents across 25 international locations [6] - The company operates as a cloud-based, agent-centric brokerage, offering industry-leading commission splits, revenue share, and equity ownership opportunities [6] Top Performers - Top Individual Agent in Sales Volume: Chandra Vennapusa closed $101,252,631 in sales on 98 sides [8] - Top Individual Agent in Sides Closed: Lori Adamson closed 271 sides [8] - Top Team in Sales Volume: Kyle Whissel's team closed $609,442,262.02 on 782 sides [8] - Top Team in Sides Closed: The Pemberton Homes Team closed 1,204 sides [8] - Top Team in Canada: Justin Havre's team closed $509,349,077.76 in sales volume and 918.92 sides [8] - Top Individual Agent in Canada: Gary Geng closed $136,207,204.77 on 47 sides [8] - Top Individual Agent by Sides Closed in Canada: Shannon Runcie closed 125.25 sides [8]

Core Viewpoint - KE Holdings Inc. ("Beike") reported its financial results for the fourth quarter and fiscal year 2024, highlighting a significant increase in net revenues and gross transaction value (GTV), despite a decrease in net income and adjusted net income year-over-year. The company emphasizes its commitment to technology-driven and human-centric services in the evolving real estate market in China [1][4][23]. Financial Highlights for Q4 and FY 2024 - In Q4 2024, net income was RMB577 million (US$79 million), a decrease of 13.9% year-over-year, while adjusted net income was RMB1,344 million (US$184 million), down 21.6% year-over-year [3][17]. - The total GTV for 2024 was RMB3,349.4 billion (US$458.9 billion), an increase of 6.6% year-over-year, with net revenues reaching RMB93.5 billion (US$12.8 billion), a 20.2% increase year-over-year [5][23]. - The number of active stores on the platform grew to nearly 49,700, an 18.3% increase year-over-year, and the number of active agents surpassed 445,000, a 12.1% increase year-over-year [4][5]. Revenue Breakdown - GTV of existing home transactions in 2024 was RMB2,246.5 billion (US$307.8 billion), up 10.8% year-over-year, while GTV of new home transactions decreased by 3.3% to RMB970.0 billion (US$132.9 billion) [5][25]. - Net revenues from home renovation and furnishing services increased by 36.1% to RMB14.8 billion (US$2.0 billion) in 2024, and net revenues from home rental services surged by 135.0% to RMB14.3 billion (US$2.0 billion) [23][25]. Cost and Profitability - Total cost of revenues increased by 25.8% to RMB70.5 billion (US$9.7 billion) in 2024, with gross profit rising by 5.6% to RMB22.9 billion (US$3.1 billion) [24][26]. - The gross margin for 2024 was 24.6%, down from 27.9% in 2023, primarily due to increased fixed compensation costs [26]. Shareholder Returns - The company repurchased shares totaling approximately US$716 million in 2024, representing about 3.9% of total issued shares at the end of 2023 [8]. - A final cash dividend of US$0.12 per ordinary share, or US$0.36 per ADS, was declared, amounting to approximately US$0.4 billion [37][38]. Strategic Outlook - The company aims to enhance its technology-driven and human-centric approach, leveraging AI to better understand customer needs and improve service efficiency [4][6].

Fathom (FTHM) Q4 2024 Earnings Call March 12, 2025 10:35 PM ET Company Participants None - ExecutiveMarco Fregenal - CEO, President & Director Conference Call Participants Darren Aftahi - Senior Research Analyst-Internet, Media and Enabling Technologies Operator Greetings. Welcome to the Fathom Holdings Inc. Fourth Quarter twenty twenty four Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conferenc ...