Core Viewpoint - Diversified Royalty Corp. has adjusted the Mr. Lube + Tires royalty pool to include six new flagship locations, bringing the total to 149 locations, while removing one permanently closed location [1] Company Performance - Mr. Lube + Tires is experiencing strong same-store sales growth across its franchise system, indicating a positive outlook for continued growth [2] - The performance of franchisees in 2024 has been commendable, with a focus on brand growth and enhancing store-level economics [3] Royalty Pool Adjustments - The Mr. Lube + Tires Royalty Pool is adjusted annually on May 1 to include new locations opened since July 1 of the previous year and to remove permanently closed locations [4] - The initial consideration for the additional royalty revenue from the new locations was $4.0 million, which is 80% of the total estimated consideration of $5.0 million, paid in the form of common shares [5] - The remaining consideration for the new locations will be paid on May 1, 2026, adjusted based on actual system sales for the year ending December 31, 2025 [6] Previous Adjustments - On May 1, 2023, the royalty pool was adjusted to include five new locations, with an initial consideration of $4.7 million, which was also 80% of the total estimated consideration [7] - The actual system sales for the 2023 True-Up Locations were determined to be $10.1 million, leading to a total consideration of $7.1 million, with a remaining cash payment of $2.4 million made on May 1, 2025 [8] Dividend Announcement - The board of directors has approved a cash dividend of $0.02083 per common share for May 2025, equating to an annualized rate of $0.25 per share, to be paid on May 30, 2025 [10] Company Overview - Diversified Royalty Corp. is focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America, aiming to generate predictable and growing royalty streams [12][14]

BELLINGHAM, Wash., May 01, 2025 (GLOBE NEWSWIRE) --  eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today officially launches its innovative Co-Sponsor Program, unlocking unprecedented opportunities for collaboration and growth across its global agent network. First announced in April at eXp’s global event, eXpcon Montréal, the Co-Sponsor Program redefines how agent relationships can drive production, attraction ...

NEW YORK, April 30, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume1 announces the participation of CEO & Founder Robert Reffkin and CFO Kalani Reelitz at the 53rd Annual J.P. Morgan TMC Conference. The event will take place on May 14, 2025 at the Westin Seaport District Hotel in Boston.Reffkin will be participating in a fireside chat at 3:00 p.m. ...

BELLINGHAM, Wash., April 30, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, the most agent-centric real estate brokerage on the planet™ and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), proudly announces that Mindy Grubb, Vice President of Events at eXp Realty, has been appointed to Executive Director of eXtend a Hand, the company’s charitable foundation that supports eXp agents, staff and their families in times of crisis. Grubb brings more than 20 years of real estate industry experience to the ...

4月27日，佛山市住房和城乡建设局发布通告，近日该局联合属地区局共抽查了全市五区18家房地产经 纪机构，调查结果如下： 通报批评 1.部分房地产经纪品牌加盟店等机构存在交易流程、服务标准、收费详情等公示不规范问题，如（德 佑）佛山市富乐房地产有限公司、（德佑）佛山市高明区栢林房地产经纪有限公司、（德佑）佛山市铵 铖房地产代理有限公司、（德佑）佛山市百正房地产信息咨询有限公司乐从分公司、（富房）佛山市合 盟房地产经纪有限公司、（富房）佛山市三水盛泓地产有限公司、（乐远）佛山市星晟房地产经纪有限 公司、（21世纪不动产）佛山市爱有家房地产咨询有限公司、佛山市财富居房地产中介服务有限公 司、佛山市家怡美房产代理有限公司等均不同程度存在此类问题。 2.证照与实际经营不符、从业人员信息超过有效期，如中海租售（海五路店）。 3.未办理房地产经纪机构备案，从事房地产经纪服务，如佛山市高明区斌鹏房地产经纪有限公司。 4.代理二手房源未能提供相关委托手续，如佛山市昊骏地产顾问有限公司、佛山市汇德房地产有限公 司、佛山市三水区富仁房地产中介服务部、佛山市创好房地产经纪服务有限公司。 通报表扬 部分房地产经纪机构证照齐全、公示规范 ...

BELLINGHAM, Wash., April 29, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), is proud to welcome Feisal Ramjee, one of Kirkland, Washington’s leading new construction experts, to its powerful network of agents. Few understand new construction like Ramjee. Since 2019, he has maintained an exclusive partnership with Merit Homes, one of the Seattle area’s premier builders. His involvement spa ...

Financial Data and Key Metrics Changes - The company reported Q1 2025 revenue of $1,200,000,000, representing a 7% increase year-over-year [15] - Operating EBITDA was approximately breakeven, with a negative $1,000,000, an improvement of $12,000,000 or 92% compared to the previous year [15] - Free cash flow for Q1 was negative $130,000,000, showing a $15,000,000 year-over-year improvement [16] Business Line Data and Key Metrics Changes - The Anywhere Brands business generated $97,000,000 in operating EBITDA, an increase of $7,000,000 due to higher transaction volume and lower expenses [17] - The Anywhere Advisors segment had an operating EBITDA of negative $47,000,000, improving by $12,000,000 year-over-year driven by higher revenue and lower operating costs [17] - The Integrated Services segment reported an operating EBITDA of negative $18,000,000, down $3,000,000 from Q1 2024, despite a revenue increase of $7,000,000 [18] Market Data and Key Metrics Changes - The company experienced a 6% volume increase, significantly outperforming the National Association of Realtors' (NAR) 3% volume growth [8] - Luxury segment volume was up 16% year-over-year, with luxury listings increasing by 12% [9][10] - April volumes were relatively flat compared to Q1, attributed to market and macroeconomic volatility [8] Company Strategy and Development Direction - The company launched "Reimagine 25" to transform operations and enhance customer experiences through technology [9] - The focus remains on expanding luxury leadership and enhancing the integrated business model covering all aspects of real estate transactions [5][6] - The company aims to achieve $100,000,000 in cost savings for 2025, with $14,000,000 already realized in Q1 [9][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating a challenging housing market and emphasized the importance of broad distribution of listings for customer benefit [14][34] - The company anticipates operating EBITDA for the full year to be around $350,000,000, with the housing market being a significant variable [23] - Management noted that luxury continues to outperform, with positive trends in volume and pricing despite broader market volatility [100] Other Important Information - The company is actively pursuing AI initiatives to enhance productivity and operational efficiency [12] - There is a commitment to transparency and consumer choice in listing distribution, which management believes will benefit long-term business sustainability [14][34] Q&A Session Summary Question: Insights on clear cooperation policy and its impact on investors - Management emphasized the importance of broad listing distribution for achieving the best prices for sellers and maintaining customer trust [29][34] Question: Commentary on commission rates and market dynamics - Management noted a slight decline in commission rates, attributed to both buy-side and list-side pressures, with luxury segments experiencing more significant changes [36][39] Question: Performance of integrated services segment and investment impacts - Management acknowledged investments in technology and agent recruitment as factors affecting the integrated services segment, with expectations for improved performance in the latter half of the year [69][70] Question: Trends in luxury market and seller behavior - Management reported that luxury listings continue to perform well, with no significant changes in days on market or cancellation rates observed in April [98][100]

Anywhere Real Estate (HOUS) Q1 2025 Earnings Call April 29, 2025 08:30 AM ET Company Participants Alicia Swift - Senior VP of Investor Relations & TreasuryRyan Schneider - CEO, President & DirectorCharlotte Simonelli - Executive VP & CFOAnthony Paolone - Executive DirectorJohn Campbell - Managing DirectorTommy McJoynt-Griffith - DirectorNick McAndrew - Equity Research Associate Conference Call Participants Matthew Bouley - Analyst Operator Good morning and welcome to the Anywhere Real Estate First Quarter t ...

Major Arizona brokerage inks agreement to align with Zillow's consumer-first listing access standardsSEATTLE, April 24, 2025 /PRNewswire/ -- West USA Realty, the Southwest's largest regional real estate brand, is joining Zillow in its pro-consumer commitment to listing transparency and ensuring the largest possible audience of buyers can see its listings. Zillow recently introduced new listing access standards designed to give consumers and agents equitable and timely access to real estate information, cont ...

Shares of La Rosa Holdings Corp. (LRHC) have declined 10.1% since reporting results for 2024. This compares with the S&P 500 index’s 0.2% growth over the same time frame. Over the past month, the stock has lost 37% compared with the S&P 500’s 8.4% decline.Revenue Growth Strong, Loss WidensLa Rosa reported 2024 revenues of $69.4 million, a 119% upsurge from $31.8 million in 2023, surpassing its initial guidance by $4.4 million. This surge was primarily driven by a 179% jump in residential real estate service ...