Despite Transaction Dip, Keller Williams Closed $108.4 Billion In Sale In Q1
Agents closed 5.2 percent less deals and brought in 5 percent less listings compared to 2021
Agents closed 5.2 percent less deals and brought in 5 percent less listings compared to 2021
The iBuyer posted its best quarter in company history, while announcing market expansion
The news marks the company’s fourth billion-dollar quarter in a row
An estimated $1.1 billion came through in the fourth quarter of last year alone
In it’s first earnings report as a traded company, the brokerage posted a 25 percent increase in consolidated revenue
Agents sealed 1.3 million deals last year, up 9.9 percent compared to 2020
Despite a 1,054 percent gain, the iBuyer also saw net losses rise…
Net loss was $27 million, compared to a net income of $14 million in the fourth quarter of 2020
At the same time, the company lost $175 million during the same time period
No surprise to many, but Zillow Offers was responsible for the majority of the company’s losses last year
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